Mathematics, 15.12.2020 04:10, daltondespain2
Rosa loves buying shoes and going out to dance. Her utility function for pairs of shoes, S, and the number of times she goes dancing per month, T, is U(S, T) = 3ST, her marginal utility from shoes is MUs= 3T, and her marginal utility from dancing is MUt =3S. She has $750 to spend on shoes and dancing.
1) What is the equation for her budget line if T -- the number of times she goes dancing per month -- is on the vertical axis?
a) T = 10 β 3S
b) T = 20 β 3S
c) T = 30 β 3S
d) T = 40 β 1S
e) T = 40 β 2S
Answers: 2
Mathematics, 21.06.2019 22:00, BeautyxQueen
What is the length of the segment, endpoints of which are intersections of parabolas y=x^2β 11/4 xβ 7/4 and y=β 7 /8 x^2+x+ 31/8 ?
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Mathematics, 21.06.2019 23:10, ebonsell4910
Larry wants to buy some carpeting for his living room. the length of the room is 4 times the width and the total area of the room is 16 square meters. what is the length of the living room
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Rosa loves buying shoes and going out to dance. Her utility function for pairs of shoes, S, and the...
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