Answer:
Part a: The value of Y_A and Y_B are and respectively.
Part b: Y_A and Y_B are given as and respectively for maximization of Y_B
Part c: The condition for the Pareto efficient allocation is Y_A=Y_B
As the value of Y_A and Y_B are not equal in part 2 thus the condition is not Pareto efficient
Explanation:
Part a
For the value of the utility function is given as
Also the YB is given as
So the value of Y_A and Y_B are and respectively.
Part b:
Now
For the maximization
From question 1 Y_A and Y_B are given as and respectively for maximization of Y_B
Part c:
At the Pareto efficient allocation
This is simplified to
The condition for the Pareto efficient allocation is YA=YB
As the value of YA and YB are not equal in part 2 thus the condition is not Pareto efficient
The experimental design which best represents the above random survey is: B. one-group pretest-posttest design.
An experimental design can be defined as a research method (concept) in which a controlled experimental factor is objectively and efficiently subjected to a special treatment (intervention), in order to compare it with a factor (controlled variable) that is kept constant. Thus, it is used to maximize precision in an experiment and to reach a specific conclusion on a hypothesis statement.
Basically, there are three (3) main types of experimental design and these include:
1. Quasi-experimental research design
2. True experimental research design
3. Pre-experimental research design
Under the pre-experimental research design, we have three (3) forms of experimental design and these are:
- One-shot case study research design
- One-group pretest-posttest design
One-group pretest-posttest research design is mostly used by behavioral researchers to determine the effect of a special treatment (intervention) on a given sample of participants, especially by first utilizing a single group of participants (one-group design) before the treatment is implemented and once after the treatment is implemented.
In conclusion, a one-group pretest-posttest research design is the experimental design which best represents the above random survey.
Read more on experimental design here: brainly.com/question/13284940
Goods a and b are substitute goods.
<h3>What are S
ubstitute goods?</h3>
Substitute goods are goods with similar characteristics that enables consumers or producers use them in place of one other in either the production or consumption process. An example of substitute goods are black pens and blue pens.
if the price of one of the goods in the substitute pair increases, the demand for the substitute increases and if the price of one of the substitute good reduces, the demand for the substitute increases. Thus, there is a positive relationship between the price of one of the substitute pairs and the demand for the other substitute pair, all things being equal.
To learn more about substitute goods, please check: brainly.com/question/26551927
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Answer:
21.45%
Explanation:
The computation of the research and development expense is shown below:
= Research and development ÷ Revenues × 100
= $12,740 ÷ $59,387 × 100
= 21.45%
In a common size income statement, each item is proportionate to the sales value that means the numerator will be the item and the denominator would be sales revenue.
All other information which is given is not relevant. Hence, ignored it
Answer:
(C) The RR is using a form of asset allocation for the client.
Explanation:
Given that Asset allocation is a term that describes the undertaking of an investment technique. This technique tries to offset risk with reward by diversifying the proportion of each asset in an investment portfolio based on the investor's preference, which is influenced by risk tolerance, and investment period.
Hence, in this situation, the right answer is option C: The RR is using a form of asset allocation for the client.