whitity function O Ue total derivat ive to ferive Mes ŏ let a (2,, Xx)=x,+22,, be gmasther uEility funtin Doer "û and U Explain- descri be the same preftre ance
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Given
Utility function
........... (1)
We know that
MRS=
Step by step
Solved in 3 steps
- !Question 19 Not yet answered Marked out of If a tank of petrol contains a certain amount of energy, what happens when we combust the petrol in a shorter time period? 1.00 PFlag question O a. The energy is converted into power O b. Less energy is produced OC. More energy is produced O d. The energy remains the sameThe owner of Barb’s Burgers has suggested the firm should invest in more moderntechnology and created a list of potential changes she thinks may be helpful as aninvestment. She has asked you to analyze the four potential choices and comment onwhat this would change in terms of cost:1. Build kiosks in the dining area for people to place their orders without having tointeract with a cashier. The kiosks would need also need to be integrated into thepoint of sales system to track orders for the kitchen Question: Argue how each of these is likely to change the cost of the firm once implemented (i.e. are any of these a fixed cost or a variable cost). How this adjust theamount of labour and/or capital currently necessary for the firm? Would the technology be a general technology, labour-saving, or capital-saving?
- Kindly help solve part D to F. Thank you.Is it possibie for accounting profit to be positive and economic profit to be negative? OA No, econamic proft and accounting praft will always end up baing the same. OB. No. econemic proft must always be larger than ancounting profit OC. Yes, is could occur it explicit costs were modest and impliot costs were high. OD. Yos, this cnuld accur if implict conts were modost and explicit conts were high.o This quertion is continuahs time.) camed with fü canting in Con patent which is able to profit otream' of T(E)= eot where E(>) denotes time, and o (0) is g jiven par ame ter. Notice that' ū CH) stante from 1 (ū Lo) =1) and slowly fecveacer to'o I Ct)=0), The jiven parameter o Suppost y ou generate Own Cim astmally the rate of decrearing since is dace)/ dt fror patent is ,certainly valmable asset. Asumina the ime tantume ond interent, rate Cou tant r Caleul ate Hae present value f your pabent.
- 2. How could the principle of environmental resources such as the atmosphere and of conchisions about optimal depletion apply or not? resources? Kine Exercises 5b intergenerational allocation of resources. Suppose a generation is thirty-five vee of we are concerned with only two generations. Demand and supply functions for oil in the present generation are given by: Demand: Qd = 200– 5P or P = 40– 0.2Qd %3D Supply: Qs = 5P or P = 0.20s %3D (a) Draw a demand and supply graph showing the equilibrium price and quantity consumed in this generation in the absence of any consideration of the future. Now draw a graph showing the marginal net benefits from consumption in this period at all levels of consumption up to the equilibrium level. Express the net benefit (benefit minus cost) algebraically. (b) Suppose that the net benefit function is expected to be the same for the next generation. But there is a discount rate (interest rate) of 4 percent per annum, which for thirty-five years works…8. Which of the fllowin statements isfalse? a. Acordig to he reuls o te ooperaiv, alenaing ofr gm, plyrs agre on the quilibium allocation of he upus in te fistround. This holds frthe 2 priod altemating ofer game justaswll asthe m-period version of the same game. b. Intheinfie pro, dlemaing ofer aganin game, aplayr's aloctio shouk e iversely prporioa to his or her iscount rate or ate of impatience. c. Thenoncoopentive gametheor aproachto argaining omplemens the coperativ aproch sine i elsus undersand the posile statagis ehind suchallocatons and soutions as iven, for cample,by the Nash bagaining rule. d. Inth ulimatum or picho-ol game,the subgame perfec quilibrumis to plit vrythin fityfiy.Salisbury Smacthic Coimalies bet ucen O and lo00 Smeathies each manth. Their fixed costs $2000 a monthpand their monthly Varisble Gre cest is Cv Cx) = 0.o00123-0.082²+40x . dellars and where Cy is in number of smacthies sold R the . O what is the cost functicn cCx) accohnting for fixed cad Variable cests? Compute the merçinsl cost functien.
- PUTS CALLS Dec Jan Feb Strike PriceDec Jan Feb 8.85 149 2.67 6.6 7.93 15 4.25 8.35 9.65 150 3.15 8.38 2.97 7.95 152 4.2 8.1 9.5 1.88 5.83 7.36 155 5.85 9.3 10.64 We can construct a Bull Spread by selecting Select one: O a. None of these O b. Buying 150 Jan Call and Selling a 152 Feb Call O c. Buying 150 Feb Call and Selling a 152 Feb Call d. Buying 150 Jan Call and Sellinga 149 Jan Callques 5ompleted 14 out of 20 stion 15 of 20 > A network good is one where the number of other users of the good. cost to the user rises if there is a large cost to the user falls if there is a small O benefit to the user falls if there is a large O benefit to the user rises if there is a large LAPTOP LOGIN acer USERNAME: student PASSWORD: Broward1
