1. Suppose Shevek's utility for books (B) and magazines (M) can be represented as U = B*M. +
a) Draw the indifference curve that yields a utility level of 18.
b) Calculate the MUB, MUM, and MRS of B for M on that indifference curve when B = 3.
c) They have $60 per month for books and magazines. Books cost $10 each and magazines
cost $5 each. How many books and magazines would they buy in a month?+

Which of the following accurately describes one way that individual goods differ from public goods? a. people can be excluded from using individual goods if they don't pay. b. all individual goods are normal goods. c. demand for individual goods is always inelastic. d. consumer rivalry results in decreasing marginal utility for individual goods.2b2t

Anew equipment has been proposed by engineers to increase the productivity of a certain manual welding operation. the investment cost is $25,000, and the equipment will have a market value of $5,000 at the end of a study period of five years. increased productivity attributable to the equipment will amount to $10,000 per year after operating costs have been subtracted from the revenue generated by the additional production. if marr is 10%, is investing in this equipment feasible? use annual worth method.

How did lani lazzari show her investors she was a good investment? (site 1)