Ma3. Please give only typed answer. micro economics   1)U=2x+2y where px/py=1/4 use indirect utility to express the expenditure funtion   2)C=Q^2+4Q where Q=14-P find optimal quantity sold and find price

Q: Lee has calculated her marginal utility from buying pizza slices and soda (shown on the table in the…

A: The price of pizza is $2.00 The price of soda is $2.00

Q: Calculate the marginal utility .. # of cookies per day           Total Utility per Day 0…

A: Utility refers to the satisfaction. The aim of the consumer is to maximize the utility. Total…

Q: Good X costs $8 and good Y costs $4 per unit. His utility function is U = 4.5XY. (a) Calculate Moe's…

A: here we calculate the Moes's utility maximizing purchases of X and Y and constrained utility maximum…

Q: Suppose the price of good Y is $18. Use the information given in the figure below to answer this…

A: Change in price influences the quantity demanded. The change in the quantity demanded is known as…

Q: Suppose Brian has to choose between purchasing plane tickets and water. Which of the following is…

A: The utility gets maximized at the bundle where the marginal utility per dollar spent is the same for…

Q: b. The table below shows the total utility associated with the consumption of units of ice cream.…

A: Utility means satisfaction.Marginal utility is the utility derived from the consumption of an…

Q: Marginal utility is

A: Marginal utility refers to the additional satisfaction of the consumer while consuming one more unit…

Q: B21) Daniel's marginal rate of substitution is given by MRS=Y/3X, and he has a budget constraint…

A: "Income elasticity of demand for a product represents how much responsive is the quantity demanded…

Q: Frank is purchasing products C and D in utility-maximizing amounts. If the price of C is $6 and the…

A: Given: Frank is making purchases of products C and D in profit maximizing amounts. Price of C=$6…

Q: 1.There are two goods F and C. Let MU and P denote marginal utility and price of each good.…

A: Price effect consists of income effect and substitution effect. Substitution effect is always…

Q: a)Assume that the typical consumer always spends a small share of her overall budget on Vietnamese…

A: Total customers = 120,000 Price of other products = Pm= $1 Price of Vietnamese Meals = Pv The…

Q: GrubHub, a food delivery service, has recently expanded to your area. The accompanying table…

A: Demand is a consumer's desire and ability to purchase goods and services that they are willing to…

Q: please help

A: Consumer equilibrium condition: Slope of Indifference Curve = Slope of Budget Line Marginal Rate of…

Q: The table below shows the marginal utility from consuming mini pizzas and sodas. If pizzas and soda…

A: Given: The price of mini pizza is = $1 The price of soda is = $0.50 The total amount to spend is =…

Q: The table below shows the amount of total utility Cal gets from playing his favorite video game…

A: Marginal utility can be defined as the additional utility that a consumer would get by consuming…

Q: Consider the chart below. The marginal utility. for the third unit of Chicken Fajitas is Quantity of…

A: To get the marginal utility it needs to be subtracted by the total utility of unit three which is 85…

Q: Please explain in detail, in relation to microe

A: Conclusion: Both substitution and income impacts ultimately influence Finn's x1 consumption…

Q: Quantity X TUx MUX MUX/Px Quantity Y TUy MUY MUy/PY 1 75 96 135 60 72 3 185 50 3. 234 66 4 230 45 A…

A: (c)

Q: True or False?

A: The first statement is False. A decrease in income does not pivot the budget line around the bundle…

Q: Jane has a budget of $15 to spend at the local scientific store. Her two favorite items are beakers…

A: Correct : a) 3 beakers & 3 petri dishes Utility is maximized at MUx/Px = MU/Py and expenditure…

Q: Demand and Utility Table for Milkshakes Quantity Marginal Total Price Demanded Utility Utility $4 1…

A: The marginal utility can be defined as the change in utility of additional unit of a product. It can…

Q: Find the missing marginal utility: Quantity 3 8 Total Utility 30 55 67 Marginal Utility 10 5 |12 4…

A: Utility: - Utility is the satisfaction derived by any consumer by consuming a good or service.

Q: The following table shows the amounts of additional satisfaction (marginal utility) that Ross would…

A: Utility is defined as the usefulness or the satisfaction a consumer derives from a good or service…

Q: a) Suppose price of x₁ falls to Rs. 3, will its quantity demanded increase? Why? 5) Now suppose P₂…

A: Given:a) Suppose the price of x1​ falls to Rs. 3, will its quantity demanded increase?…

Q: 3) For Nour doughnuts and muffins are perfect substitutes. Doughnuts are £4 a box and muffins are £3…

A: Dear student, You have asked multiple questions in a single post. I am answering question number 3…

Q: ing ligu K (B) Avocados per week (A) Avocados per week (C) Avocados per week Marginal Utility…

A: Utility refers to the happiness or satisfaction that an individual get from the consumption of a…