Answer
greater than $1.
Step-by-step explanation:
the price of apples per pound is $1.37, therefore, the price per pound of apples is greater than $1.
Answer:
honestly math is my worst subject but i think its 2 im really srry i think thats wrong tho
Step-by-step explanation:
oooooooooooooooooooooooooooorrrrrrrrrrrrrrrrrrrrrrraaaaaaaaaaaaaaaaaaannnnnnnnnnnnnnngggggggggggggeeeeeeeeeeee
Step-by-step explanation:
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.
Answer:
y=3x+25
Step-by-step explanation:
So to find the slope-intercept we need to find the slope and the y intercept. we already know the slope so to find the y intercept you subtract 2 from the x coordinate and 6 from the y, because the slope is 3. So the answer is y=3x+23