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il63 [147K]
3 years ago
7

The consumer's budget constraint is $6 = 0.50g + p, where g is packs of gum and p is bags of pretzels. the marginal utility of p

retzels is mup = g0.5, and the marginal utility of gum is mug = 0.5g–0.5p. the consumer's utility function is u = g0.5p. the utility-maximizing bundle consists of _____ packs of gum and _____ bags of pretzels.
Business
1 answer:
Serga [27]3 years ago
8 0

Answer:

The answer is 4 packs of gum and 4 sacks of pretzels .

Explanation:

A purchaser dependably attempts to expand his fulfillment. Be that as it may, in this interest, he is hampered by his restricted cash wage, i.e., spending plan. A spending line is characterized as the available mixes of two products, given the costs of every great and shopper's wage. Along these lines the spending imperative depicts the diverse measure of two wares that a shopper can bear.  Expect that a buyer has a settled cash salary, M, to buy two merchandise, X and Y whose costs are PX and PY, individually. Likewise accept that PX and PY are settled.

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2 years ago
The analysis of the behavior of individual decision-making units is the definition of
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Answer : A) Microeconomics

7 0
3 years ago
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Historically foreclosure was a last resort for individuals that own homes. However, in some states people can voluntarily give u
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3 years ago
Wanda Sotheby purchased 120 shares of Home Depot stock at $148 a share. One year later, she sold the stock for $140 a share. She
Archy [21]

Answer:

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<em>The return on investment is the sum of the dividends earned and capital gains made during the holding period of the investment.  </em>

<em>Dividend is the proportion of the profit made by a company which is paid to shareholders.  </em>

<em>Capital gains is another type of the return made on an equity investment as a result of increase in the value of the shares. It is difference between the cost of the share and the value at the time of disposal</em>.  

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3 years ago
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Answer:

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