There is an animal farm where chickens and cows live. All together, there are 85 heads...
The number of dogs and chickens on a farm add up to 12. The number of legs between them is 28. How many dogs and how many chickens are on the farm if there are at least twice as many chickens as dogs?
you were in a field counting chickens and rabbits and counted 7 heads and 20 legs. How many chickens were there? How many rabbits were there? Explain how you solved this.
The MacDonalds are at the bank in order to negotiate a loan to buy a farm where they can raise cows, horses, chickens sheep and plant spaghetti trees. They have managed to save $400,000 over the last 10 years that they can use as a down payment. The MacDonalds would like to finance their purchase over 25 years making monthly payments. According to their financial planning schedule, they will clear $7,500 a month and would like their mortgage payments to...
Farmer Frank lives on 100 acres on a rural farm where he raises chickens (which produce eggs) and grows tomatoes. Eggs and tomatoes are the only two goods that Frank consumes. This year, Frank's chickens will yield 100 eggs and 10 pounds of tomatoes, respectively. (a) If Frank were not able to trade his endowment of tomatoes and eggs, but he can freely dispose of goods, what would his set of feasible consumption bundles look like? Show it on a...
Answer all Parts: Jerome and Paul are competitive brothers. They live on a small farm on the northern bank of a river that runs purely east and west and that flows to the east at a rate of 1.450 m/s . The brothers have run some time trials on the farm pond, and they know that, in still water, Jerome can paddle the family canoe at a steady rate of 2.600 m/s for a considerable length of time. When younger...
(1 point) Consider a game played by flipping biased coins where the probability of heads is 0.14. You first choose the number of coins you want to flip You must pay $1.5 for each coin you choose to flip. You flip all the coins at the same time. You win $1000 if one or more coins comes up heads How many coins should you flip to maximize your expected profit? Answer: What is your maximum expected profit? Answer: $ (Your...
Parasites infect us all the time. They live in our bodies and in our cells. The brain can provide a perfect environment for parasites because it has structures that prevent many of the immune system’s cells from entering. Millions of people worldwide are infected. Find a brain parasite to report on and write 10 sentences about what it is, where it came from, how you can get it, can it be cured, can it be spread and how? And how...
HOMEWORK # 1 (for due date see web page) .You live in a city where all the people have the same preferences for food and these preferences are intransitive. You decide to open a restaurant and put several choices on the menu, but actually have only one dish in the kitchen (that saves you a lot in terms of costs!). You will change the available dish every day, but on any given day there is no real choice. Since your...
1. Adam and Eve live in the Garden of Eden, where they can trade only with each other. Adam is endowed with 2 units of Pleasures of the Spirit and 6 units of Pleasures of the Flesh; Eve is endowed with 4 units of Pleasures of the Spirit and 2 units of Pleasures of the Flesh. Their indifference curves, as you can see in the diagram, are somewhat unusually shaped: EVE Adam's Indifference Curves are the ones sloped like this...
1. (3 pts.) From textbook. Lemmings are small rodents that live in the Arctic tundra. Their populations fluctuate wildly. At high population densities, large numbers leave their homes and travel long distances, during which time many die, some by drowning as they attempt to cross rivers and lakes. One popular explanation for their behavior is that the travelers are actually committing suicide to relieve overpopulation. By heading off to die, the suicidal lemmings leave shelter and food for those who...