Jeff considers one banana to be equivalent to three apples. a. Let a denote apples and b denote bananas. Write down a utility function U(a, b) that represents Jeff’s preferences over apples and bananas. b. Jeff has an income of Y and the prices of apples and bananas are pa and pb, respectively. Derive Jeff’s ordinary Marshallian demand functions for apples and bananas. Do these demand functions satisfy the law of demand? c. Derive Jeff’s Hicksian demand functions for apples and bananas. 4. Claudia has the following preferences over two goods, c and d:

Trecek corporation incurs research and development costs of $625,000 in 2017, 30 percent of which relate to development activities subsequent to ias 38 criteria having been met that indicate an intangible asset has been created. the newly developed product is brought to market in january 2018 and is expected to generate sales revenue for 10 years. assume that a u.s.–based company is issuing securities to foreign investors who require financial statements prepared in accordance with ifrs. thus, adjustments to convert from u.s. gaap to ifrs must be made. ignore income taxes. required: (a) prepare journal entries for research and development costs for the years ending december 31, 2017, and december 31, 2018, under (1) u.s. gaap and (2) ifrs. (c) prepare the entry(ies) that trecek would make on the december 31, 2017, and december 31, 2018, conversion worksheets to convert u.s. gaap balances to ifrs.

To : of $25 up to 35 2 35 up to 45 5 45 up to 55 7 55 up to 65 20 65 up to 75 16 is$25 up to $35 ?

Describe how to write a main idea expressed as a bottom-line statement