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balu736 [363]
2 years ago
13

Assuming john's parents do not allow him to use any savings. What is the optimal consumption bundle of pizza and funnel cakes? E

xplain.
Business
1 answer:
tamaranim1 [39]2 years ago
5 0

The optimal quantity of pizza slices for John to buy is 5 slices.

<h3>How to calculate the quantity?</h3>

From the information given in the diagram, it can be seen that the marginal utility from the consumption of the 6th slice is zero.

In this case, the optimal quantity of pizza slices for John to buy is 5 slices.

When John buys 8 slices, the total utility will be:

= 20 + 12 + 10 + 6 + 2 + 0 - 2 - 6

= 42 utils.

When John’s parents do not allow him to use any savings, his optimal consumption bundle of pizza and funnel cakes is $20.

At John’s optimal consumption bundle, the total utility that he will gain will be:

= (20 + 12) + (50 + 40 + 32 + 20)

= 32 + 142

= 174 utils

Learn more about optimal quantity on:

brainly.com/question/15700934

#SPJ4

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A system has two processes and three identical resources. each process needs a maximum of two resources.---<u> Deadlock is not possible</u>.

<h3>What's deadlock explain?</h3>

A deadlock is a situation in which two computer programs participating the same resource are effectively precluding each other from penetrating the resource, performing in both programs ending to serve. The foremost computer operating systems ran only one program at a time.

<h3>What happens in deadlock?</h3>

Deadlock is a situation where a set of processes are blocked because each process is holding a resource and staying for another resource acquired by some other process

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