Optimum Combination Analysis: Compute and analyse using the six steps. 1. Given: Price of Good A .50 Price of Good B .75 Quantity MU MUA/PA Quantity MU MUB/PB 1 50 75 2 45 4 60 3 40 6. 45 4 35 30 30 10 15 ANALYSIS: a. What is the total cost if quantity combination is 1 for Good A and 2 for Good B; and the E.M.V. is b. What are the three (3) sets of E.M.V.? c. What are the 3 sets of Quantity combination?

Optimum Combination Analysis: Compute and analyse using the six steps. 1. Given: Price of Good A .50 Price of Good B .75 Quantity MU MUA/PA Quantity MU MUB/PB 1 50 75 2 45 4 60 3 40 6. 45 4 35 30 30 10 15 ANALYSIS: a. What is the total cost if quantity combination is 1 for Good A and 2 for Good B; and the E.M.V. is b. What are the three (3) sets of E.M.V.? c. What are the 3 sets of Quantity combination?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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