Answer:
Purchasing insurance can help Adrian minimize risk. Adrian’s best decision in this case is to not buy the insurance
because the policy is
too expensive in relation to the value of his vehicle
Answer:
tickets were sold to student and 
tickets were sold to adults
Explanation:
Let the number of tickets purchased by students be "X" and the number of tickets purchased by adults be "Y"
Given
Total number of tickets sold 
Total amount collected by selling 
tickets 
dollar
Cost of one ticket of student 
dollar
Cost of one ticket of adult 
9 dollar
Two equation are as follows
------Eq (1)
-------- Eq (2)
Multiplying eq (1) by 9 and subtracting from equation 2 we get
Substituting the value of X in equation 1 we get
Therefore, tickets were sold to student and tickets were sold to adults
Answer:
a) 3X + 2Y = 36
b) X = 6 , Y = 9
c) 27
Explanation:
Individual consumes : X and Y
Spends : $36 per time period
unit cost : $3 per unit for X
$2 per unit for Y
utility function : U( X, Y ) = .5XY
<u>A) Budget equation mathematically</u>
X* Px + Y* Py = M
3X + 2Y = 36
Px and Py = unit cost for X and Y
M = Total spent ( revenue )
<u>b) Values of X and Y that will maximize utility </u>
Maximum utility ( MRS ) = Px / Py ,
MRS = MUx / MUy
= Y/X = 3/2
∴ 2Y = 3X
From BC : 6X = 36 ( X = 6 plug into mathematically equation above )
∴ X = 6 , hence Y = 9
<u>c) Total utility generated per unit of time </u>
U( X,Y ) = .5XY
= 0.5 * 6 * 9 = 27
Answer:
Option (B) is correct.
Explanation:
Open market operations is a monetary policy instrument that is used by the Federal reserve for controlling the money supply in an economy. If there is a need to decrease the money supply in an economy then fed sells the government securities to the public and on the other hand if there is a need to increase the money supply in an economy then fed purchases the government securities from the public.
So, here the expansionary policy is to purchases the treasury bills from the public.
Answer: ) She wants to present a new draft for a new policy.
Explanation:
The options to the question are:
A) She wants to present a new draft of the ethics policy.
B) The other members of the team are ineffective.
C) She is concerned that her work isn’t being valued.
The most important message that my colleague is trying to deliver is that she wants to present a new draft for a new policy.
This can be seen from the passage where she suggested that the team should review a new draft of the ethics policy. She further highlighted the reason for that and she said she believes the policy will have positive effects on the team and on the organization as a whole.
