Answer:
80 units
Explanation:
Given:
- Price: $25 we have: 100 units
- Price: $20, how many units to maximize the total utility
Let X is the number of units we need to find
As we know that, the law of equal-marginal utility a consumer spends his or her income among goods so that utilities receive from the amount spent is equal. So we use a simple rule of three:
$25 100 units of utility
$20 X
<=> 25X = 20*100
<=> X = 80 units
Hope it will find you well.
In the past thirty years, the proportion of those who consider themselves to be INDEPENDENT has increase the most. Americans has two major parties, the republican and the democrats. Those individuals who did not belong to either of the group are called independent. The percentage of independent individuals currently in America is 42%, while the Democrat and the Republican are 31% and 25% respectively.
Answer:
A message in which you are trying to get the reader to agree with your opinion. This way the walk away with a new perspective over such topic.
Answer:
1. X1=884-19.18
X2=884+19.18
2. It is unreasonable to conclude the population mean is $350
Explanation:
Kindly check the attached picture for detailed explanation and answer
