1. Working with Numbers and Graphs Q1 The marginal utility for the fourth unit of X is 38 utils, and the marginal utility for the fifth unit of X is 19 utils. Assume that, in this case, utility can only take on whole number, integer, values measured in utils. If the law of diminishing marginal utility holds, the minimum total utility of consuming five units of X is utils.
Answers: 3
Business, 22.06.2019 17:30
What do you think: would it be more profitable to own 200 shares of pennyβs pickles or 1 share of exxon? why do you think that?
Answers: 1
Business, 23.06.2019 01:00
The monthly demand equation for an electric utility company is estimated to be p equals 60 minus left parenthesis 10 superscript negative 5 baseline right parenthesis x, where p is measured in dollars and x is measured in thousands of killowatt-hours. the utility has fixed costs of $3 comma 000 comma 000 per month and variable costs of $32 per 1000 kilowatt-hours of electricity generated, so the cost function is upper c left parenthesis x right parenthesis equals 3 times 10 superscript 6 baseline plus 32 x. (a) find the value of x and the corresponding price for 1000 kilowatt-hours that maximize the utility's profit. (b) suppose that the rising fuel costs increase the utility's variable costs from $32 to $38, so its new cost function is upper c 1 left parenthesis x right parenthesis equals 3 times 10 superscript 6 baseline plus 38 x. should the utility pass all this increase of $6 per thousand kilowatt-hours on to the consumers?
Answers: 2
Business, 23.06.2019 12:30
Use the internet to research legal concerns that could result from increased use of technology in business. discuss some of these concerns.
Answers: 3
Business, 23.06.2019 14:30
Gather reliable information to brent make his decision. to gather this information, use newspapers, call insurance companies or look at their web sites, and review consumer magazines and web sites. also, look at the manufacturer web site or for information about gas mileage. list the sources you use and take notes.
Answers: 2
1. Working with Numbers and Graphs Q1 The marginal utility for the fourth unit of X is 38 utils, and...
Mathematics, 30.10.2020 18:50
Spanish, 30.10.2020 18:50
Mathematics, 30.10.2020 18:50
Mathematics, 30.10.2020 18:50
Mathematics, 30.10.2020 18:50
Social Studies, 30.10.2020 18:50
English, 30.10.2020 18:50
English, 30.10.2020 18:50
History, 30.10.2020 18:50