Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Homework Help/Study Tips Expert

Please explain the utility maximizing rule for consumers. If you have $10, price of product A is $1, and price of product B is $2, and you bought 4 product A and 3 product B. In this situation, your total utility of 3 product A is 12, and that of 4 product A is 18, and your total utility of 2 product B is 15 and that of 3 product B is 33. Is your consumption of product A and product B maximizing your utility? If that is not, what is your recommendation?

Homework Help/Study Tips, Others

  • Category:- Homework Help/Study Tips
  • Reference No.:- M9890559

Have any Question?


Related Questions in Homework Help/Study Tips

Question use published human and animal research and

Question: Use published human and animal research and behaviorist, social cognitive, information processing and constructivist theory to develop an outline of a research proposal to measure self-regulation in one of the ...

Discussion 1this week you will reflect on the debate of

Discussion 1: This week you will reflect on the debate of organized sports vs. unstructured free play. Over the years, parents, teachers, and researchers have weighed the advantages and disadvantages of each in considera ...

Question explain the difference between an ascribed status

Question: Explain the difference between an ascribed status and an achieved status. Give examples of statuses that are mostly ascribed and those that are mostly achieved. Times New Roman 12 font, Please check spelling an ...

Discussion prison overcrowding has led to an increasing

Discussion : Prison overcrowding has led to an increasing number of alternative programs designed to punish offenders without the use of lengthy incarcerations. Some of these alternative programs include a form of incarc ...

Question write a questionnaire 21 questions do not write

Question: Write a questionnaire ( 21 questions do not write about demographic data questions). The questionnaire about the problem of the impact of occupational health and safety (OHS) policies on dentists' performance i ...

Question describe one innovative health care delivery model

Question: Describe one innovative health care delivery model that incorporates an interdisciplinary care delivery team. How is this advantageous to patient outcomes? The response must be typed, single spaced, must be in ...

Question bulladopting high-performing teams to solve

Question: • Adopting high-performing teams to solve problems where direct supervisors and managers recognize service, and quality outcomes could promote quality initiatives. • Using Google Scholar or EBSCO Library find t ...

Activity for assessmentthis part of the course included

Activity for assessment: This part of the course included sessions on political parties and interest groups. Parties and groups are intermediaries-each is a way in which people can make their views known to government an ...

Program effectivenessthere are many law enforcement

Program Effectiveness There are many law enforcement programs that bind the community and the police together to fight crime in a collaborative manner. Each year during the budget cycle, police chiefs are tasked with fin ...

Please number each question1 outline the evolution of how

PLEASE NUMBER EACH QUESTION 1. Outline the evolution of how viruses were initially and now are spread. . Your response should be a minimum of 100 words. 2. What is a DoS attack? How does it work? Your response should be ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As