Answer:
B. and D.
Step-by-step explanation:
Answer: A,1 A,2 A,3 A,4 B,1 B,2 B,3 B,4
Answer:
x ≈ 61.3
Step-by-step explanation:
Using the Sine rule, that is
= 
( cross- multiply )
5.8 × sinx = 6 × sin58° ( divide both sides by 5.8 )
sin x = 
≈ 0.87729, thus
x = 
(0.87729) ≈ 61.3
Answer:
2 units of X and 5 units of Y
Step-by-step explanation:
(a) Utility is maximized when (MUx / Price of X) = (MUy / Price of Y)
This condition holds for the following cases
1. X = 4 (MUx / Px = 8 / 4 = 2) and Y = 6 (MUy / Px = 4 / 2 = 2)
2. X = 2 (MUx / Px = 16 / 4 = 4) and Y = 5 (MUy / Px = 8 / 2 = 4)
For the first case Total cost = 4 x $4 + 6 x $2 = $(16 + 12) = $28 (Budget is exceeded).
In the second scenario, Total cost = 2 x $4 + 5 x $2 = $(8 + 10) = $18 (budget is exhausted).
Optimal case contains X = 2 units, Y = 5 units.
