Linus has the utility function U(x, y)= x+3y. a. On a graph with the vertical axis for y and the horizontal axis for x,
use blue ink to draw the indifference curve passing through the
point(x, y) = (3,3). Use black ink to sketch the indifference curve
connecting bundles that give Linus a utility of 6.
b. On the same graph, use red ink to draw Linus’s budget line if the
price of x is 1 and the price of y is 2 and his income is 8. What
bundle does Linus choose in this situation?
c. What bundle would Linus choose if the price of x is 1, the price of y
is 4, and his income is 8?

Slimwood corporation made sales of $ 725 million during 2018. of this amount, slimwood collected cash for $ 670 million. the company's cost of goods sold was $ 300 million, and all other expenses for the year totaled $ 400 million. also during 2018, slimwood paid $ 420 million for its inventory and $ 285 million for everything else. beginning cash was $ 110 million. carter's top management is interviewing you for a job and they ask two questions: (a) how much was carter's net income for 2018? (b) how much was carter's cash balance at the end of 2016? you will get the job only if you answer both questions correctly.

Biochemical corp. requires $600,000 in financing over the next three years. the firm can borrow the funds for three years at 10.80 percent interest per year. the ceo decides to do a forecast and predicts that if she utilizes short-term financing instead, she will pay 7.50 percent interest in the first year, 12.15 percent interest in the second year, and 8.25 percent interest in the third year. assume interest is paid in full at the end of each year. a)determine the total interest cost under each plan. a) long term fixed rate: b) short term fixed rate: b) which plan is less costly? a) long term fixed rate plan b) short term variable rate plan

Health insurance protects you if you experience any of the following except: a: if you have to be hospitalized b: if you damage someone's property c: if you need to visit a clinic d: if you can't work because of illness