Answer:
Explanation:
U(C, L) = (C – 100) × (L – 40)
(a) C = (w - t)[110 - L] + 320
C = 10[110 - L] + 320
C + 10L = 1420
where,
C- consumption
w - wages
t - taxes
L - Leisure
(b) Given that,
L = 100 then,
C = 420
= 5.33
(c) L = 110
C = 320
Reservation wage:
= 3.14
(d) At optimal level,
C - 100 = 10L - 400
C - 10L = -300
C = 10L - 300
Using budget constraint:
C + 10L = 1420
10L - 300 + 10L = 1420
20L = 1720
L* = 86 and C* = 560
The Nissan Versa has a starting assistant that lasts at least 3 seconds so that the driver can easily start on slopes.
<h3>What is the hill start assistant?</h3>
The hill start assistant is a technological and mechanical device that has been implemented in several cars worldwide to prevent the car from rolling back due to gravity and inertia.
Hill Start Assist allows the driver to start on a hill without worrying about backing up. This development has prevented several accidents and is a good invention for those who are just starting to drive.
One of the cars that have this development is the Nissan versa 2022. This car offers a hill-start assistant that allows the driver to have at least 3 seconds to start the car on a slope without the car backing up.
Learn more about cars in: brainly.com/question/11312858
<u>Calculation of raw materials cost added to the work in process inventory account during the period:</u>
Raw materials issued using materials requisition 1445 for Job 101 = $25,000
Add: Raw materials issued using materials requisition 1446 for Job 102 = $35,000
Add: Materials requisition 1447 used on multiple jobs 1= $30,000
Total raw materials cost added to the work in process inventory account during the period =<u> $90,000</u>
