Budget of $1000 Price of Y changes! P of X = 10 10 Q of X 0 TU of X (10s) 0 100 (Average) MU of X 0 444 40 50 60 70 80 90 100 180 250 310 365 415 460 502.5 542.5 581.5 6 5.5 5 4.5 4.25 4 3.9 MU/S of X 0 1 0.8 0.7 0.6 0.55 0.5 0.45 0.425 0.4 0.39 P of Y = 400 Q of Y TU of Y MU of Y MU/S of Y 400 0 1 2 3 4 5 0 510 870 1195 1485 1730 0 510 360 325 290 245 0 1.275 0.9 0.8125 0.725 0.6125 The optimal consumption bundle: of X; of Y

Just 2.9 Only D,E,F and G

Cost of buying tomato plants are 20 cents each and a farmer sells them for 50 cents each. His fixed costs are euro 60 including the rate he pays to the local council. How many tomato plants must he sell to break even? What kind of profit will he realize from selling 180 plants? Formulate P(x) function clearly and graph it. Values of its intersections with both axes must be clear.

1 MCQ 1 of 25 Aroha has to choose among three possible activities to do on Sunday morning. She ranks her preferences (from most preferred option to least preferred option) as follows: attend the local community Church service with her Nan; hang out with friends at the Westfield Manukau City Shopping Centre; go and watch the Counties Manukau rugby league game. What is her opportunity cost of attending Church with her Nan (Option 1)? Select one alternative: Hanging out with her friends and watching the rugby league game. There is no opportunity cost. Hanging out with her friends. Either hanging out with her friends or watching the rugby league game.

hapter 02 Teresa is a hard-working college freshman. One Sunday, she decides to work nonstop until she has answered 176 practice problems for her math course. She starts work at 8:00 AM and uses a table to keep track of her progress throughout the day. She notices that as she gets tired, it takes her longer to solve each problem. Time 8:00 AM Total Problems Answered 0 9:00 AM 80 10:00 AM 128 11:00 AM 160 Noon 176 Use the table to answer the following questions. The marginal, or additional, gain from Teresa's second hour of work, from 9:00 AM to 10:00 AM, is problems. The marginal gain from Teresa's fourth hour of work, from 11:00 AM to noon, is problems. Later, the teaching assistant for Teresa's math course gives her some advice. "Based on past experience," the teaching assistant says, "working on 40 problems raises a student's exam score by about the same amount as reading the textbook for 1 hour." For simplicity, assume students always cover the same number of pages during each hour…

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sarah earns 400 per week and spends 15% of her earning on tranpotation every week

6. Elasticity and total revenue The following graph shows the daily demand curve for bikes in Houston. Use the green rectangle (triangle symbols) to compute total revenue at various prices along the demand curve. Note: You will not be graded on any changes made to this graph. PRICE (Dollars per bike) 300 275 ) 250 225 175 150 125 100 75 50 25 0 0 + 6 12 18 24 30 36 42 48 QUANTITY (B) Demand 54 60 66 72 Total Revenue

Evaluate the following expression. 12C5

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