tiling funellon D: ucX, Xx) = min & ax, -X» , 2X. -X, J uti uti liey function O : ulxi, Xa) > max {2x, -X» , 2X -x, f Are both fincrion o and e aluays bether off if they get more of one of the goods ?
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A: * ANSWER :- * The OPTION C is correct answer.
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- 86) An economy unit of agricutural output raquires 0.L'unit of ag ristural input and agriultural industy and a teatile industry. Each has 9n 0.1 unit of textiles inputs. Each unit of textiles output requires o.1 unit of agricul tural imput and 0:2 unlt of textiles input. a Write the technoligy matrix for this b) If surpluses of S units of agrlualhural products and15 units of texti le s ave desired, final the gois poluchion of each industry econdny. .goods, XandY per of good X is N$4 and the price of good Vis No10 Harrys unlity funchon is UCX,)==XY. Harry consumes 2 and he spend's Npbo month The price Find The values of gocal X and Y maximizes Harcys unly illustruate Hary's utlty maximizing.combinason clearly labelled on a graph. Suppose llustrate Harrys price & spod X increased to Ngb effects income and substitution ef the anel laballed graph.O let y= F(,k) = 2Č K be a pretustion funtion e ue told daivanve, to deniue, TRS this praquition fumition duplay mmu kinMartin a prequct in ? Hene about in k?
- Area of original paper 3.1.1 Complete the table above. lal paper change as htandia fokcs oto dsfterent laalves? wa the or th glain your anawer Describe he kind of relationahip between the ares of the original paper and the aumber of folds. 3.1.3 4. Mr Majola owns a shop where he repairs household appliances. He woulid like to buy a cell phone so that he can contact his customers after their work is done. Two different cell phone providers forwarded quotes to him upon request. Cell phone provider SAVE MORE quoted R80 per month and R2,50 per minute. Cell phone provider CASH IN quoted R100,00 per month and R2,00 per minute. Look at the incomplete table below: Airtime in minutes: t 10 20 30 40 50 60 SAVE MORE'S cost in rands: CM 80 105 130 155 Ass 380530 CASH IN'S cost in rands: Ca 120 140 160 240 340 460 100 4.1 What does the table above show? 4.2 Write down the symbol which represents the independent variable. 4.3 Where does the value 80 in row 2 come from? 4.4 Explain the situation if…9: Is il fossible for marginal utility To be negetive and yet Tolal Utilily To positive ? INhy be why not ? orWhy is a production possibilities frontier typically drawn as a curve, rather than a straight line?
- Title Suppose that Lynn enjoys coconut oil in her coffee. She has very particular preferences, and she mus Description Suppose that Lynn enjoys coconut oil in her coffee. She has very particular preferences, and she must have exactly two spoonfuls of coconut oil for each cup of coffee. Let C be the number of cups of coffee, and O be the number of spoonfuls of coconut oil. Also, let PC be the price of a cup of coffee. Suppose Lynn has $12 to spend on coffee and coconut oil. Also, the price of coconut oil is $.50 per spoonful.a) Graph Lynnâs Price Consumption Curve for prices, PC = $1, PC = $2, and PC = $3. Please put the number of cups of coffee on the horizontal axis, and the number of spoonfuls of coconut oil on the vertical axis. Be sure to label your graph carefully and accurately.b) Graph Lynnâs demand curve for coffee. You may assume that both coconut oil and coffee are continuous variables so she can consume any amount of coffee and coconut oil that she could afford.…called plaging a Jame Chicken They eash drive thair car down Hhe center of the voand in opporite direcfions Each chocses ei ther SwerveIf botth swerve, no boy wins stags and one Swerves, Hhe ove O Suppose Etie and Joshug "stag" br loses any thing.If one or one who stags wins $2 Awo dollans) from the one who severves. If both stay, they wrack the cans and need ear to rapair earh Car. normal farm. O Represent the goone in a O Find all flarh Epui librica Jos hug imit leanned that E ddie has a mickmome " Fnst Eltie'! a buays make his dairinm af ter as he, is quick and can obierung his opponents fecision' o Represent the gane in an extencive furm. A Find the vaamnable autrome of this game using backwrand in Juctin.If the supply and demand functions for a commodity are 100 + 2(4+ Pa = - (Q.) P₁ = (Q + 2)² E plot each function on the same graph Estimate the quarum price and quarty aigebraicaty and graphicaly w▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪ ‒‒‒‒‒‒‒‒‒‒‒‒wwwwwwwww
- Price per arginal Utility Fron Current Consumption Product Unit $ 10 20 20 30 The table shows the marginal utite derived trom curent consumpton leves of three new products. A B and C at are being sold in the maet at the prces isted The contumer can imniediately gan the most extra total utity by winching spending from Mnple Choce ANEIf a household's money income is doubled: Select one: the budget constraint will swivel at the Y-intercept O a. b. the budget constraint will shift in and parallel to the old one O c. the budget constraint will shift out parallel to the old one O d. the budget constraint is not affectedFigure 4.2 P3 P2 P1 A C Q Q2 Q3 Q4 Qs Qs Q7 Refer to Figure 4.2. The demand curve A indicates that O the smallcst price change will cause consumcrs to change their consumption by a large amount, O therc is no change in quantity demandcd as the price changes. consumcrs can purchase any quantity they want regardless of the price, Oithc smalcst price incrcasc wil.causc.consuners to switch to the producer with thc lowest