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victus00 [196]
3 years ago
11

​Vasco's utility function​ is: Upper U equals 10 Upper X squared Upper ZU = 10X2Z The price of X is px​ = ​$55​, the price of Z

is pz​ = ​$2020​, and his income is ​$150150. What is his optimal​ bundle? ​(round your answer to two decimal​ places)
Business
1 answer:
disa [49]3 years ago
6 0

Answer:

Explanation:

U = 10 X²Z

Given

150 = 5X + 20Z

30 = X + 4Z

To maximise utility

differentiating partially wrt X

MU_x = dU/ dX = 20XZ

differentiating partially wrt Y

MU_y = dU/dY = 10X²

For optimal bundle

MU_x / MU_y = P_x / P_y

20XZ /  10X² = 5 / 20

2Z / X = 1/4

X = 8Z

30 = X + 4Z

30 = 8Z + 4Z

12Z = 30

Z = 2.5

X =  8 X 2.5

= 20

X = 20

Z = 2.5

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Answer:

$849,000 gift card revenue should GoodBuy recognize in 2018

Explanation:

gift cards revenue of GoodBuy recognized in 2018

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3 0
3 years ago
The most likely effect of a write-down of inventory to net realizable on a firm's total asset turnover is:
Y_Kistochka [10]
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Al invested $7,200 in an account that pays 4 percent simple interest. how much money will he have at the end of five years?
Gre4nikov [31]
Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.
Below are the choices that can be found form other sources:

A. $8,710
B. $8,056
C. $8,640
D. $8,678
E. <span>$8,299
</span>
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3 years ago
Determine if the following situations describe a game or a decision. Indicate what specific features of the situation caused you
hammer [34]

Answer:

China chooses a level of tariffs to apply to American imports.

3 0
3 years ago
Sarasota Company purchased a machine at a price of $103,200 by signing a note payable, which requires a single payment of $130,0
nlexa [21]

Answer:

-7.407%

Explanation:

Let interest rate be x%

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1.0x = 0.793834^(1/3)

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x = -0.07407*100

x = -7.407%

3 0
3 years ago
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