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.:- M9892243

Have any Question?


Related Questions in Homework Help/Study Tips

The experience of health and illnesschoose one topic for

The Experience of Health and Illness Choose one topic for your initial post: 1. In part, an individual's experience of disability and illness reflects their social identity. What do studies tell us about how women's and ...

Prepare in preparation for discussing the importance of

Prepare: In preparation for discussing the importance of critical thinking skills, please read the following articles: Critical Thinking and the Challenges of Internet and Common Misconceptions of Critical Thinking. You ...

Question 1 what is patent protection briefly discuss the

Question: 1. What is patent protection ? Briefly discuss the patent protection and legal protection? 2. What are the four mechanisms of appropriability? The response must be typed, single spaced, must be in times new rom ...

Reflective journalan effective teacher is a reflective

Reflective Journal An effective teacher is a reflective decision-maker who is able to articulate a solid rationale for his or her deliberative teaching practices and professional actions. Your objective in this Assignmen ...

Create a communication planperformance objectiveyou will

Create a communication plan Performance objective You will demonstrate the knowledge required to target your message to different audiences, and consider how to take risks in order to achieve the desired response from ea ...

Question 1 describe the provisions of the family medical

Question: 1. Describe the provisions of the Family Medical Leave Act of 1993. Your response must consist of at 75 words 2. How is sexual harassment defined in Title VII of the Civil Rights Act of 1964? When does sexual h ...

What are 2 policy recommendations someone can make to a

What are 2 policy recommendations someone can make to a Health service organization that would be important for the patient protection affordable care act implementation?

Question write 300-500 words on the following1 one of the

Question: Write 300-500 words on the following 1) One of the greatest threats to human and non-human species is climate change and environmental degradation from pollution. Use the utilitarianism theory to argue for stri ...

Task descriptionoverviewyou are required to read the

Task Description Overview You are required to read the provided Case Study document (on MySCU) and complete each of the activities and questions in the weeks advised. The answers to all activities and questions are to be ...

Discussion memo memos are 750-word minimum essays due in

Discussion Memo Memos are 750-word minimum essays due in the Turnitin submission dropbox found on Blackboard before we discuss weekly assigned readings and videos (a physical copy should also be brought to class for disc ...

  • 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