Intricate Computer Solutions provides services to corporate and individual customers. During the month of June, the corporate business segment provided services to 400 customers and earned $ 60 comma 000 in revenue. The individual business segment provided services to 300 customers and earned $ 45 comma 000 in revenue. The variable costs for the corporate and individual business segments amounted to $ 33 comma 000 and $ 25 comma 100, respectively. In addition, the fixed costs of the company amounted to $ 7 comma 500. Calculate the contribution margin from each corporate customer. (Round your answer to the nearest cent.)

3. saving two consumers, larry and jeff, have utility functions defined over the two periods of their lives: middle age (period zero) and retirement (period 1). they have the same income in period 0 of m dollars and they will not earn income in period 1. the interest rate they face is r. larry’s and jeff’s utility functions are as follow. = 0.5 + 0.5 and = 0.5 + 0.5 for each person is between zero and one and represents each consumer’s temporal discount econ 340: intermediate microeconomics. ben van kammen: purdue university. rate. a. write the budget constraint that applies to both jeff and larry in terms of consumption in each period and ), interest rate, and m. b. what is larry’s and what is jeff’s marginal rate of intertemporal substitution? c. what is the slope of the budget constraint? d. write each consumer’s condition for lifetime utility maximization. e. re-arrange the conditions from part (d) to solve for the ratio, . f. if > which consumer will save more of his middle age income? g. if > 1 1+ , in which period will larry consume more: = 0 or = 1?