Q: Draw graph if n is 20 and p is 0.60
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- Draw graph if n is 20 and p is 0.60choices for 1 and 2 are its either "variable" or "fixed" please also do the rest of the questions and graph thank you!QUESTION 1 Given the Budget of $1000 P of X = 10 10 Q of X TU of X (10s) (Average) MU of X MU/$ of X ooooo 0 10 20 30 40 .50 60 70 80 100 180 250 310 365 0 10 8 7 6 5.5 ២៦ 415 460 502.5 90 542.5 5 4.5 4.25 4 100 581.5 3.9 1 0.8 0.7 0.6 0.55 0.5 0.45 0.425 0.4 0.39 P of Y = 500 Q of Y TU of Y MU of Y MU/S of Y 500 0 1 2 3 5 510 870 1195 1485 1730 510 360 325 290 245 1.02 0.72 0.65 0.58 0.49 The optimal consumption bundle: of X; of Y
- define economic of scaleWhat is Cost of Living Adjustments. Why do we need to consider Cost of Living Adjustment for Increment?Poornima is a hard-working college junior. One Saturday, she decides to work nonstop until she has answered 100 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 Total Problems Answered 8:00 AM 9:00 AM 40 10:00 AM 70 11:00 AM 90 Noon 100 Use the table to answer the following questions. The marginal, or additional, gain from Poornima's second hour of work, from 9:00 AM to 10:00 AM, is problems. The marginal gain from Poornima's fourth hour of work, from 11:00 AM to noon, is problems. Later, the teaching assistant in Poornima's math course gives her some advice. "Based on past experience," the teaching assistant says, "working on 25 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 they…
- es Period Unit Sales Cost of Sales 1 $590 2 3 4 5 6 7 8 760 800 200 400 480 620 680 540 I 560 230 400 390 550 590 430 Period Unit Sales 9 10 11 12 13 14 15 580 320 240 720 280 440 380 Cost of Sales $390 240 230 550 260 410 260 Hint: Use the above information about unit sales and total cost of sales to prepare a scatter diagram offline. Draw a cost line (offline) that reflects the behavior displayed by this cost. Determine whether the cost is variable, step-wise, fixed, mixed, or curvilinear. CheckCould you add some graphs as wellIf r increases, C and w unchanged, the isocost will shift parallely to the right shift parallelly to the left pivot towards point of origin pivot away from the point of origin
- Please don't provide image based answer..thankuI have two utility equations U= x^2 + y^2 U = x + ay Please draw the IC curves for each of them. And also, find the cost function associated with them and detailed steps. P.s The cost function for U= x+ay is u.min((p(x),p(y)/a)), but do not know how to get iHow do you figure out opertunity cost?
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