Allen has a utility function U=xy², where x is the consumption of apples and y is the consumption of bananas. Price of apple is 1 and price of bananas is 4. Allen has 30 dollars in his pocket, so how many apples and bananas will he purchase to maximize his utility? options: 10 apples and 5 bananas. 3 apples and 10 bananas. 30 apples only. none of above.

Q: do fast all answer .

A: In a perfectly competitive market, a firm maximizes its profits by producing at the level where its…

Q: The following table gives output levels for different levels of workers at Ken & Larry's Ice Cream.…

A: The Marginal Product (MP) of labor is the additional output that is produced when one more unit of…

Q: do fast.

A: Key references: General Finance

Q: Define monopolistic competition. Explain the characteristics of monopolistic competition

A: FEEL FREE TO ASK FOR CLARIFICATIONS.

Q: In an exchange economy, there are two agents, A and B, and there are 320.00 total units of x and…

A: To find the competitive equilibrium price of good y, denoted as p, we need to solve for the…

Q: One of the noted proposals to "fix" Social Security is would which Provide more benefits to workers…

A: The question is asking us to evaluate four different proposals to fix the Social Security system.…

Q: Utilitarian argument for conserving and preserving natural resources for future generations

A: Utilitarianism is a theory in normative ethics that suggests the best action is the one that…

Q: How much will the money supply increase if excess reserves increase by $27 million and the reserve…

A: We can use the money multiplier formula to determine the increase in the money supply:Money…

Q: Consider the Solow growth model with labor growth and no technology growth, i.e., n = 0, x = 0.…

A: Step 1: Step 2:

Q: 3. Draw and explain increase in supply with the help of table given below. Price (RO) Quantity…

A: Approach to solving the question: We'll analyze the given data to understand the relationship…

Q: None

A: In the context of allocating cobalt, a non-renewable natural resource, efficient extraction is…

Q: None

A: Let's analyze the scenario step by step. 1. Actuarially Fair Price of Insurance:Each driver faces a…

Q: What would be the short-run equilibrium quantity produced by this firm if the market price were $25?

A: In case of perfect competition, the equilibrium occurs at a point where the price matches the…

Q: Explain the concept of market failure and the need for government regulations. Describe the process…

A: Market failure is a situation in which the allocation of goods and services by a free market is not…

Q: PLS HELP ASAP ON BOTH

A: References: Chapman, A. R. (2017). Towards an understanding of the right to enjoy the benefits of…

Q: Venezuela experienced a large outow of population. Choose one scenario for the subsequent Venezuelan…

A: The long-run equilibrium of an economy, where variables like capital accumulation, population…

Q: Consider the following 3-equation model: Y 108-2rCB +2(G-T) (1) rCB =4+1.5(\pi-\pi)+0.5(Y-Y) (2) \pi…

A: Step 1: Step 2: Step 3: Step 4:

Q: No chatgpt used i will give 5 upvotes typing please

A: Steps for Root Locus Plot1. Identify the poles and zeros:• Poles:  z = 1  and  z = 0.6065 • Zero:…

Q: A man wishes to have 30,000 when he retires 16 years from now. If he can expect to receive 4% annual…

A: Step 1: Given Value for Calculation Future Value = fv = 30,000Number of Payment = n = 16Interest…

Q: I got this question wrong because it was incomplete. Another option is correct, which one is it?…

A: The Marginal Revenue Product (MRP) has a tendency to slope downward in markets where businesses are…

Q: briefly explain Is there a best way to deal with the trilemma?

A: In economic decision-making, navigating the trilemma entails striking a balance between three…

Q: None

A: Question 1:To calculate the labour force participation rate, employment rate, and unemployment rate…

Q: 1.500 $72 $68 $64 $60 $56 $52 $48 $44 $40 $36 $32 $28 $24 $20 $16 $12 $8 $4 $0 1,800 2,100 2,400…

A: Detailed explanation:Market Dynamics and Graph InterpretationThe analysis begins by understanding…

Q: If the Federal Reserve increases the discount rate from 12 percent to 14 percent banks will borrow…

A: The discount rate is the interest rate charged by the Federal Reserve to commercial banks for loans.…

Q: Solve all questions compulsory..... And fill in blanks and underline the correct sentence pls…

A: a. When the price of one good falls and it causes the quantity demanded of another good to fall, it…

Q: If this figure depicts the market for product X, and the demand for product X changed from D1 to D2…

A: Cross Price Elasticity of demand for product X = \frac{%\ change \ of \ demand \ for \ good \ X}{% \…

Q: The table shows the real GDP and population information for three years for the country of Alta.…

A: From the table, we can see that the Real GDP in year 1 is $2,000 and in year 2 is $2,080.

Q: PLS HELP ASAP ON BOTH

A: a. Construction supervision typically involves1. Ordering Materials and Supplies: It is the duty of…

Q: How much will the money supply increase if excess reserves increase by $40 million and the reserve…

A: The money multiplier is a concept in economics that measures the maximum amount of commercial bank…

Q: None

A: The world price is represented by P2,  because at this price, quantity supplied is more than the…

Q: Please help me with 2 and 3. Thank you

A: a) How many panels will the firm sell in each market?To solve for the number of panels sold in each…

Q: None

A: Cheese Demand:a) Aggregate Demand: To find the aggregate demand, we need to sum the quantities…

Q: 0 The Fed exerted downward pressure on interest rates by conducting open market sales which led to…

A: Approach to solving the question: Look into the dynamics of the effect of open market purchases or…

Q: 8. Changes in supply and demand for bonds Identify which side of the bond market is affected by each…

A: Referenceshttps://www.investopedia.com/articles/stocks/09/how-interest-rates-affect-markets.asp

Q: Please help me with 1. Thank you

A: 1.aUsing the marginal revenue equation from the demand curve, we can determine the equilibrium…

Q: None

A: Step 1: #7. There are more opportunity cost in Point C Step 2: #8. every consumer cannot purchase as…

Q: A lottery claims its grand prize is $15 milion, payable over 5 years at $3,000,000 per year the…

A: The problem is asking us to calculate the present value of the lottery prize, which is paid in…

Q: None

A: b)Higher interest rates increase the cost of borrowing for businesses and households. This can lead…

Q: PLS HELP ASAP ON BOTH

A: Question 1: Financial Analysis for Evaluating Costsa. Incorrect because: Pro forma cash flow…

Q: Which of the following correctly characterizes a Nash Equilibrium: a. The players could not be…

A: A Nash Equilibrium, named after John Nash, is a concept in game theory where the optimal outcome of…

Q: Give answer in step by step

A: To conclude if the park is suitable, or not, is done only after the advantages and the disadvantages…

Q: PLS HELP ASAP ON BOTH

A: What is the primary role of waste management?Knowing and comprehending your disposal costs is…

Q: PLS HELP ASAP ON BOTH

A: Correct Option:Option C: The executive summary serves as a condensed version of the business plan,…

Q: Consider a Leader-Follower duopoly, the firms face an (inverse) demand function: Pb = 530 - 17…

A: Step 1: Find the optimal quantity for firm 2 (the Follower)The objective of firm 2 is to maximize…

Q: The table below shows information on the adult population of a small country.   Employment…

A: In economics, the labor force refers to the total number of people who are either employed or…

Q: The exchange rate between the United States and the United Kingdom is 1.25 dollars per pound. Which…

A: Calculating GDP for the United Kingdom in 2023 and 2024: In 2023, the total value of food and cars…

Q: please fill in the blanks and finish the graph: The following graph represents the money market for…

A:

Q: Consider the macroeconomic model shown below: C 150+0.50Y | = 100 G = 100 NX = 25 Y=C+I+G+ NX…

A: Given information: C = 150 + 0.5Y,I = 100,G = 100,NX = 25We are given the following table;     Let…

Q: O Macmillan Learning Suppose that a small-town theater has six potential customers and is looking to…

A: Step 1:Step 2:Step 3:Additional comment: 1.dear remember for less price ticket high paying customers…

Q: Use the following graph to answer the next 3 questions. The following graph shows the demand and…

A: