Someone derives equal satisfaction from seeing 3 movies or, Business Economics

Someone derives equal satisfaction from seeing 3 movies or

Someone derives equal satisfaction from seeing 3 movies or 1 play. His tastes therefore can be represented by U= M+3P. If he has $160 each period in her theatre-going (movie and play) budget, and the price of a movie is $8 while the price of a play is $20, then the number of movies she will see each period is? The answer is 0, is there anyone can explain why?

Request for Solution File

Ask an Expert for Answer!!

Business Economics: Someone derives equal satisfaction from seeing 3 movies or

Reference No:- TGS01189251

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Asked Questions

What key finite resources that require conservation strategy

Two key finite resources that require conservation strategies are fossil fuels (like oil and gas) and rare earth minerals, and their depletion disproportionatel

Discussion about oral contraceptive for pregnancy prevention

A patient who takes oral contraceptives for pregnancy prevention has missed her last 2 pills. What should the NP advise the patient to do to minimize the risk

Problem regarding holistic integration of health

The prognosis for kidney stones will generally depend on the stone's size and location, the obstruction's presence, infection, and the patient's general health

Evaluating progress of an adolescent client with bulimia

Problem: The nurse is evaluating the progress of an adolescent client with bulimia who has been treated as an outpatient.

African-american male diagnosed with stage 1 hypertension

MH is a 46 year-old African-American male recently diagnosed with Stage 1 Hypertension during his last visit with his doctor.

Do you plan to manage the emotional intensity of crisis work

Do you plan to manage the emotional intensity of crisis work, and are there any particular challenges you anticipate when connecting clients

What if someone wanted to stop drinking sugary drinks

Pria told her friends she really wanted to stop drinking sugary drinks. She had been thinking about it and she was going to start next week.

Request for Solution File

Ask an Expert for Answer!!

Business Economics: Someone derives equal satisfaction from seeing 3 movies or

Reference No:- TGS01189251

Have a Question? (oR Write a Review)

Recent Questions Asked Business Economics

Q : What is the probability of two ones in 2 rolls of a die and

Q : What is the primary source of revenue for the federal

Q : Consider informative advertising about a products existence

Q : Draw the budget constraints indifference curves and the

Q : Someone derives equal satisfaction from seeing 3 movies or

Q : Case study how about a 900 percent raisenbspread the above

Q : What is the effect of search cost on equilibrium prices in

Q : Your firm is considering purchasing an old office building

Q : Describe the relationship between pai and