Business, 01.11.2019 04:31, lindseyreneesmith7
Maurice has the following utility function: u(x, y)equals20xplus80yminusupper x squaredminus2upper y squared where x is his consumption of cds with a price of $1 and y is his consumption of movie videos, with a rental price of $2. he plans to spend $95 on both forms of entertainment. determine the number of cds and video rentals that will maximize maurice's utility. maurice's utility is maximized when he consumes nothing cds and nothing movie videos. (enter your responses using integers.)
Answers: 3
Business, 23.06.2019 15:40, bodisontbernard
Select the correct answer. after the 2008 recession, the amount of reserves in the us banking system increased. because of federal reserve actions, required reserves increased from $44 billion to $60 billion. however, banks started holding more reserves than required. by january 2009, banks were holding $900 billion in excess reserves. the federal reserve started paying interest on the excess reserves that the banks held. what possible impact will these unused reserves have on the economy? a. the interest rate on loans will fall. b. people will demand more foreign goods. c. people will start borrowing more money. d. the economy will face inflation. e. foreign investments will increase.
Answers: 3
Business, 23.06.2019 16:00, elijah1090
Ais what customers expect they will get by purchasing a product. a. brand promise b. a tagline c. warranty d. service mindset select the best answer from the choices provided a b c d
Answers: 2
Business, 23.06.2019 21:20, dommalb
Suppose that the total revenue received by a company selling basketballs is $960 when the price is set at $60 per basketball and $960 when the price is set at $40 per basketball. without using the midpoint formula, identify whether demand is elastic, inelastic, or unit-elastic over this price range.
Answers: 3
Business, 23.06.2019 23:30, abbeygrace13
The zip right in convenience store recently upgraded its stores with new paint and lighting. the customer checkout system, however, was still slow and inefficient. what is the most likely consequence of this situation?
Answers: 3
Maurice has the following utility function: u(x, y)equals20xplus80yminusupper x squaredminus2upper...
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