A consumer’s preference relation ≿ is represented by the quasiconcave utility function: �(�/, �1) = �/ ?.D�1 ?.E She has $50 to spend and prices are �/ = $2 and �1 = $4. Compute the (a) compensating variation, (b) equivalent variation, and (c) the change in consumer surplus associated with an increase in the price of good 1 to $4. You can use any mathematical expression derived in lecture or in previous homework to answer this question.

Step-by-step explanation:

You can find your answer in attached documents.

the quotient is 4x^2 - 27x + 167 with a remainder of -996

step-by-step explanation:

in synthetic division, use -6 as the divisor and use the coefficients {4, -3, 5, 6}:

-6     )   4     -3     5     6

                -24   162 -1002

          4   -27   167   -996

thus, the quotient is 4x^2 - 27x + 167 with a remainder of -996.

note:   your "4x°-3x+5x+6" is ambiguous / incomplete.   i had to assume that you meant '4x^3 - 3x^2 + 5x + 6."

2500

step-by-step explanation: