Solution :
a). Bundles 
= U ( _____ , 2), lie on the same indifference curve. Suppose missing numbers is x.
So, 
(40 x 5) + (2 x 5) = 50x + (2 x 2)
210 - 4 = 5x
So Alexander has 
apples and 
bananas. The indifference curve though also include bundle.
Therefore, (41.2, 2)
b). 
= 0.4
So Alexander has apples and bananas with this bundle. Alexander would like to give up 
unit apples for a banana.
Answer:
The correct answer is letter "A": Shop for a mortgage.
Explanation:
After setting up a budget and starting a housing fund, reviewing your credit report and ratings, and saving a certain amount of money to make it possible to purchase a house, the next step implies mortgage lender pre-approving a loan. It gives you an idea of how much money a bank will authorize to lend you to buy the property. Therefore, after this and finding a Real Estate agent, you can <em>start checking which houses are available for purchase according to what is affordable for you.</em>
Answer:
Lawyers fees would probably decrease
Explanation:
If there's a large supply of lawyers than the demand for them will drop, causing fees to drop.
First, we need to calculate for the total return of the project by multiplying 4,930 by 65. Doing so will give us an answer of $320,450. Then, we calculate the rate of return as shown below.
rate of return = ($320,450 / $238,400) x 100%
= 134.42%
Thus, the rate of return of the said project is approximately 134.42%.
