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Bundle** Oranges/Week ** Total Utility
Bundle** Oranges/Week ** Total Utility
A 0 50 B 1 80 C 2 100 D 3 115 E 4 125 F 5 133 G 6 139 H 7 144 I 8 146 J 9 147 K 10 147 L
1 answer
asked by
sara
529 views
This week you have gone to two parties. Assume the total utility you gained from these parties is 100utils. Then you go to a
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asked by
snizhanna
868 views
Manuel is a consuming his optimal bundle, and is currently willing to give up 5 apples to obtain 1 orange. Jorge is in the same
1 answer
144 views
A man has two bundle of notes. The total money in the first bundle is Rs 480 and the other bundle has Rs 300. He gives 1/4 of
2 answers
asked by
Prince
920 views
Suppose your marginal utility for meals at the campus cafeteria this week has fallen to zero. Explain what has happened to your
0 answers
asked by
snizhanna
1,054 views
Suppose 15 peaches and 20 oranges need to be divided between fred and ethel. Fred's utility function is U=Max(#of peaches, #of
1 answer
asked by
jon
623 views
Given the utility function
U(C,T) = 3C+2T A budget constraint of $50, C = coffee which is $2 a cup, and T = tea which is $1.25 a
1 answer
asked by
Daniel
604 views
During its first week of business, a market sold a total of 108 apples and oranges. The second week, five times the number of
1 answer
asked by
Anonymous
346 views
During its first week of business, a market sold a total of 108 apples and oranges. The second week, five times the number of
1 answer
asked by
Sally
6,187 views
An airplane flying horizontally at a constant speed of 350 km/h over level ground releases a bundle of food supplies. Ignore the
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asked by
Linda
2,102 views