Answer:
The formula for each month is described below:
January +(B2*31*C2)+(B2*$A$12)
February +(B2*29*C2)+(B2*$A$12)
March +(B2*31*C2)+(B2*$A$12)
April +(B4*30*C4)+(B4*$A$12)
May +(B3*31*C3)+(B3*$A$12)
Explanation:
The formula matches the requirements for each individual month as number of days change accordingly and $A$12 determines the fixed transport cost the other variables are the number of boxes and the cost per box.
Answer:
5 servings of fries and 2 burgers
Explanation:
The optimal solution to the maximization problem of a consumer is equivalent to the ratio of marginal utilities of goods and it is also equal to the price ratio of the goods. Mathematically:
The burgers and fries marginal utilities are and
respectively while their prices are
and
respectively. Thus,
Further simplification:
F/B = 5/2 ; F = 2.5B
Using Antonio's budget income,
B = income/ - (
/
)*F
If we use the values in the problem, we have:
B = 20/5 - (2/5)*F = 4 - 0.4F
if we substitute F = 2.5B
B = 4 - 0.4*2.5B
B = 4 - B
B = 4/2 = 2
F =2.5B = 2.5*B = 2.5*2 = 5
Thus, given the budget constraint of Antonio, he can maximize his utility by eating 5 servings of fries and 2 burgers.