Proving which the consumer maximizes utility
Proving which the consumer maximizes utility when MRSxy =PX/ PY
True, false or uncertain "For any two goods X and Y, the consumer maximizes utility when MRSxy =PX/ PY. You must see relevant diagrams to explain your answer.
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Find out a 95% confidence interval for true population proportion of voters who favor such a tax. Find out a 99% confidence interval for true population proportion of voters who favor such a tax.
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Proving which the consumer maximizes utility when MRSxy =PX/ PY. True, false or uncertain "For any two goods X and Y, the consumer maximizes utility when MRSxy =PX/ PY. You must see relevant diagrams to explain your answer.
You own an unused gold mine that will cost 100,000 dollar to reopen. Determine the NPV of opening the mine now? Calculate the NPV of opening the mine one year later?
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If 1,000 units remain unsold at end of month and sales total $150,000 for month, determine amount of contribution margin that would be reported on variable costing income statement?
Discuss the subsequent excerpt from a recent story in the Wall Street Journal (May 4, p.1). In your discussion demonstrate which you can use the concepts.
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