Answer:
She should buy more milk and less bread.
Explanation:
Mrs. Wilson is not taking advantage of the most suitable combination of milk and bread, because Mrs. Simpson is actually spending more on less bread when she could be spending more on even more milk.
This is because the marginal utility per penny spent on bread is 0.80 and the marginal utility per penny spent on milk is 0.875.
Answer:
True
Explanation:
Linear Programming is an optimization technique used in a system with multiple constraints that requires a solution. While not always optimal (even though it strives to be), the solution is at least feasible and adequate in managing limited resources in production, for example. LP will, in that sense, always have a single goal specified, trying to simplify a problem with multiple variables.
Answer:
Explanation:
Helping people at all levels to communicate empowers them to recognize important issues and find common grounds for action, and builds a sense of identity and participation to implement their decisions. On top of that, development involves change, new ways of doing things.
They keep discount rates, I believe.
