Homework Answers
The ratio of jelly to peanut butter is 1:2 for Dave. His budget is $3.
Hence to maintain the budget and also the ratio, the correct option is
E. 15 jelly and 30 peanut butter.
6. When price of jelly rises,
The correct option is
D. 12 jelly and 24 peanut butter.
Add Answer to:
5. Dave earns $3 per week. He buys only two goods: peanut butter (S0.05 per ounce)...
A consumer earns SEK 24 per week and can buy two goods in quantities measured in...
A consumer earns SEK 24 per week and can buy two goods in quantities measured in x and y respectively. One week the prices are (Px, Py) = (SEK 4, SEK 2) and our consumer buys a “shopping basket” consisting of (x1, y1) = (5, 2). Next week prices have changed to (P¯ x, P¯ y) = (SEK 3, SEK 3). Then the consumer chooses a “shopping basket” consisting of (x2, y2) = (2, 6). Are consumer preferences consistent
05 Question (17 points) @ See page 149 Arlo is very health-conscious and consumes only two goods, rice cakes and quino...
05 Question (17 points) @ See page 149 Arlo is very health-conscious and consumes only two goods, rice cakes and quinoa. His utility function is ulr, q) = r2q, wherer is the number of packs of rice cakes he consumes and q is ounces of quinoa. The price of a pack of rice cakes is $5, and the price of an ounce of quinoa is $10.Arlo has $900 to spend this week on these two goods. Suppose that the price...
1. Consider the futures contract to buy/sell December gold for $500 per ounce on the New...
1. Consider the futures contract to buy/sell December gold for $500 per ounce on the New York Commodity Exchange (CMX). The contract size is 100 ounces. The initial margin is S3,000, and the maintenance margin is $1,500. 1.a. Suppose that you enter into a long futures contract to buy December for $500 per ounce on the CMX What change in the futures price will lead to a margin call? If you enter a short futures contract, what futures price will...
1. Emilio buys pizza for $10 and soda for $2. He has income of $100. His...
1. Emilio buys pizza for $10 and soda for $2. He has income of $100. His budget constraint will experience a parallel outward shift if which of the following events occur? a. The price of pizza falls to $5, the price of soda falls to $1, and his income falls to $50. b. The price of pizza rises to $20, the price of soda rises to $4, and his income remains the same. c. The price of pizza falls to...
Question 1: Louis the retired Canadian lives on a fixed budget and consumes only two goods:...
Question 1: Louis the retired Canadian lives on a fixed budget and consumes only two goods: toques (T) and maple syrup (M). Suppose Louis monthly budget is 100 and the price of the two goods are (PT,PM) (4,2). (a) Make a properly labeled diagram illustrating Louis'budget constraint with T on the hori- zontal axis and M on the vertical axis. Indicate the area corresponding to the set of bundles (M, T) that Louis can afford. (b) What is the maximum...
O: The A: Women of child bearing age thesid consume two-three ounce servngo)"sh each week o...
O: The A: Women of child bearing age thesid consume two-three ounce servngo)"sh each week o bearing age should avaid fish completely arette smoking during pregnaney cen cause Susden tefant Death Syrdne D: Eating fish with high levels of methylmercury is encouraged especaliy during pregnaney B: Women of chld C: Cigarette 10: Factors that increase the possbility of having bables with gestetional disbetes A: Being overweight or obese B: Being over 25 years old C Being Hispanic D: Being African...
Cane Company manufactures two products called alpha and beta that sell for $140 and $100, respectively. Each product uses only one type of raw material that costs $8 per pound. The company has the cap...
Cane Company manufactures two products called alpha and beta that sell for $140 and $100, respectively. Each product uses only one type of raw material that costs $8 per pound. The company has the capacity to annually produce 106,000 units of each product. Its average cost per unit for each product at this level of activity are given below: Alpha/Beta Direct materials $32/16 Direct Labor $24/19 Variable Manufacturing Overhead $10/9 Traceable fixed manufacturing overhead $20/22 Variable selling expenses $16/12 common...
Introduction Below is Sue Zhu's profile and one day of food intake. Her profile information and...
Introduction Below is Sue Zhu's profile and one day of food intake. Her profile information and food intake were entered into Diet & Wellness Plus and then the Diet & Wellness Plus Reports were pulled View Sue's DRI Report, Intake Spreadsheet, and MyPlate Analysis Reports and the answer the questions below Profile for Sue Zhu 1. Age: 12 months old 2. Gender: Female 3. Height: 2 feet, 6 inches (30 inches) 4. Weight: 18 lbs 5. Pregnancy: Not Pregnant 6....
An infant is admitted to the neonatal intensive care unit(NICU) with exstrophy of the bladder. What...
An infant is admitted to the neonatal intensive care unit(NICU) with exstrophy of the bladder. What covering should the nurse use to protect the exposed area? Loose diaper Dry sterile gauze dressing Moist sterile dressing Petroleum jelly gauze pad 1. 2. What is the most appropriate nursing diagnosis for the child with acute glomerulonephritis? Excess Fluid Volume related to decreased plasma filtration Excess Fluid volume related to fluid accumulation in tissue and third spaces. Deficient fluid volume related to excessive...
2006, interest rates increased from 5% to 7%, when this happens consumers are A. less likely...
2006, interest rates increased from 5% to 7%, when this happens consumers are A. less likely to save, that is, sell a financial asset. B. more likely to save, that is, sell a financial asset. C. less likely to save, that is, purchase a financial asset. D. more likely to save, that is, purchase a financial asset. I. In 2. If commercial banks hold all their assets in the form of required reserves: A. only they will be able to...
05 Question (17 points) @ See page 149 Arlo is very health-conscious and consumes only two goods, rice cakes and quinoa. His utility function is ulr, q) = r2q, wherer is the number of packs of rice cakes he consumes and q is ounces of quinoa. The price of a pack of rice cakes is $5, and the price of an ounce of quinoa is $10.Arlo has $900 to spend this week on these two goods. Suppose that the price...
1. Consider the futures contract to buy/sell December gold for $500 per ounce on the New York Commodity Exchange (CMX). The contract size is 100 ounces. The initial margin is S3,000, and the maintenance margin is $1,500. 1.a. Suppose that you enter into a long futures contract to buy December for $500 per ounce on the CMX What change in the futures price will lead to a margin call? If you enter a short futures contract, what futures price will...
Question 1: Louis the retired Canadian lives on a fixed budget and consumes only two goods: toques (T) and maple syrup (M). Suppose Louis monthly budget is 100 and the price of the two goods are (PT,PM) (4,2). (a) Make a properly labeled diagram illustrating Louis'budget constraint with T on the hori- zontal axis and M on the vertical axis. Indicate the area corresponding to the set of bundles (M, T) that Louis can afford. (b) What is the maximum...
O: The A: Women of child bearing age thesid consume two-three ounce servngo)"sh each week o bearing age should avaid fish completely arette smoking during pregnaney cen cause Susden tefant Death Syrdne D: Eating fish with high levels of methylmercury is encouraged especaliy during pregnaney B: Women of chld C: Cigarette 10: Factors that increase the possbility of having bables with gestetional disbetes A: Being overweight or obese B: Being over 25 years old C Being Hispanic D: Being African...
Introduction Below is Sue Zhu's profile and one day of food intake. Her profile information and food intake were entered into Diet & Wellness Plus and then the Diet & Wellness Plus Reports were pulled View Sue's DRI Report, Intake Spreadsheet, and MyPlate Analysis Reports and the answer the questions below Profile for Sue Zhu 1. Age: 12 months old 2. Gender: Female 3. Height: 2 feet, 6 inches (30 inches) 4. Weight: 18 lbs 5. Pregnancy: Not Pregnant 6....
An infant is admitted to the neonatal intensive care unit(NICU) with exstrophy of the bladder. What covering should the nurse use to protect the exposed area? Loose diaper Dry sterile gauze dressing Moist sterile dressing Petroleum jelly gauze pad 1. 2. What is the most appropriate nursing diagnosis for the child with acute glomerulonephritis? Excess Fluid Volume related to decreased plasma filtration Excess Fluid volume related to fluid accumulation in tissue and third spaces. Deficient fluid volume related to excessive...
2006, interest rates increased from 5% to 7%, when this happens consumers are A. less likely to save, that is, sell a financial asset. B. more likely to save, that is, sell a financial asset. C. less likely to save, that is, purchase a financial asset. D. more likely to save, that is, purchase a financial asset. I. In 2. If commercial banks hold all their assets in the form of required reserves: A. only they will be able to...
Most questions answered within 3 hours.
-
(2 dimensions, 1 object, 2 accelerations)
1) A projectile is thrown with a wind. The wind...
asked 2 minutes ago -
Brian makes $34,100 per year. How much can Brian expect to
contribute to FICA taxes in...
asked 48 minutes ago -
To buy a new house you must borrow $155,000. To do this you take
out a...
asked 1 hour ago -
Spacely Sprockets is evaluating the construction of a new plant
on land the company purchased for...
asked 1 hour ago -
1. Consider a linear regression model of y on K regressors and
an intercept.
(i) Describe...
asked 1 hour ago -
Enter a balanced equation for the reaction between hydrochloric
acid and sodium sulfite.
Express your answer...
asked 1 hour ago -
Give a regular expression describing the language
{x | x ∈ Σ* and x does not...
asked 1 hour ago -
Masses of 1.0 kg, 2.0 kg, and 3.0 kg are each separately subject
to a net...
asked 2 hours ago -
The mode of philosophical argumentation and thought. How do
philosophers think and write? What is important...
asked 2 hours ago -
At the beginning of the unit, you were asked whether you thought
it was appropriate or...
asked 2 hours ago -
Calculate the grams of carbon in 9.32 x 10+23 molecules of
benzene (C6H6).
asked 2 hours ago -
A 5-year Treasury bond has a 4.95% yield. A 10-year Treasury
bond yields 6.6%, and a...
asked 2 hours ago