Suppose that mux10 and muy20 further suppose that the
Suppose that mux=10 and muy=20, further suppose that the consumers budget constraint can be expressed as 20x+10y=400. For this consumer, find the optimal amount of good x to buy.
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suppose the government decides to raise the gasoline tax as a way of reducing air pollution and traffic congestion to
assume that bob is only purchasing two products g and w the market price of g is 25 and of w is 20 by spending all of
a refrigerator sold for 500 the store financed the refrigerator by charging 05 monthly interest on the unpaid balance
a group of 10 people have the following annual incomes 55000 30000 15000 20000 35000 80000 40000 45000 30000 50000
suppose that mux10 and muy20 further suppose that the consumers budget constraint can be expressed as 20x10y400 for
a young couple is purchasing a new sport utility vehicle the price of the new vehicle is 28300 sales tax is 75 title
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a manufacturing company purchased electrical services for the next 5 years to be paid for with 70000 now the service
an engineer borrowed 3000 from the bank payable in six equal end-of-year payments at 8 the bank agreed to reduce the
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