Show that at the solution you found in (c), the tangency condition is satisfied: M RS = p1/p2. (d) (e) How did the '50' in the utility function influence the optimal con- sumption bundle? How did the '10' in the utility function influence the optimal consumption bundle? (i.e., how would the optimal bun- dle change if these coefficients were to change?). How would the optimal bundle change if the utility function was xx2? Lastly, how would the optimal bundle change if the utility function was log- linear: 2 ln x1+ In x2?

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Financial Statements

Financial statements (or financial reports) are the formal records of the financial activities that are undertaken by a firm. They are convenient instruments used for analyzing a company’s financial position and performance. Financial ratios are created with the help of the numerical values that are derived from the financial statements. They give meaningful information about the financial performance of the company.