For the perfect substitute, If 2A and B are indifference, how to convert the given information...
(a) solve for the indicated letter and then (b) substitute the given data to find the value of the indicated letter. Formuta Data Find P-2a +b) P-88.7 km, a 11.2 km b. r 25.65m
5. Draw out examples of each of the following indifference curves: imperfect substitutes, perfect substitutes, and perfect complements. 6. Jody enjoys having exactly 1 teaspoon of sugar with every cup of coffee she has. What does this say about her indifference curves between the two goods? What happens to her utility level when she is given 5 teaspoons of sugar with one coffee? (Just an explanation) 7. Jay’s Utility function is given by U(x,z) = 3x10.2 x20.8 and P1=$2 and...
la b c Given that d e f =-1 , find 18 hill | 2a 2b 2c -2d -2e | 6g 6h 6i || 2a 2b 2c | |-20 -2e -2f= | 6g 6h 6i exact number, no tolerance
6) Find AGºrxo for the reaction 2A + B -→ 2C from the given data: A - B AG°rxn = 128 kJ AB C -2B AGºrxn = 455 kJ Y-TOA (B2B A →CAGOrxn=-182 kJ 2A + B - (a) -401 kJ (b) 509 kJ (c) 401 kJ (d) 509 kJ B+
Given the indifference curve shown to the right:
a. What is the marginal rate of substitution are you move from point F to point G?
b. Would you expect the absolute value of the MRS to be higher lower or the same as you continue to substitute audio CDs for books?
7. In each case, evaluate T(v), using the given information, and assuming that T is a linear transformation (a) T(1.1.1) = (1.0.0), T(1,-1,-1) = (0,1,0), T(-1.-1.1) = (0,0.1), v = (3.2. 1). (b) T(a) e + sin r, T(b) = ?? - csr, (c) - 2+ - 31", v = 7a - 2b + c (c) Ta + b + c) - u T(2a) us. T(3b) , v a + 2b + 3c. (a) Téu + v) - (} ^)....
Indifference Curves and the Budget Constraints: True, False, Uncertain or Not enough information: A given budget constraint has only one indifference curve that is tangent for a specific set of prices however, there may be numerous indifference curves that intersect the same budget constraint. Explain in terms of relative prices, opportunity cost and marginal rate of substitution.
17. 2A + B A2B+B A B 2AB K = 2.3 x 104 K= 4.7 x 10-2 a) What is the value of K for the reaction 2AB the equations add up 2A + 2B? You must show how b) What is the value of K for the reaction AB 2A +B?
show work please
6. Given an indifference curve U. = 100 = F S (F>O and S>0) of the indifference a) Use the implicit function rule to derive the slope curve. b) At S = 144, Calculate the slope.
True, False, Uncertain or Not enough information: A given budget constraint has only one indifference curve that is tangent for a specific set of prices. However, there may be numerous indifference curves that intersect the same budget constraint. Explain in terms of relative prices, opportunity costs and the marginal rate of substitution.