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Blizzard [7]
3 years ago
7

Maylin goes to her local sporting goods store to buy socks and jogging shorts. Socks cost​ $10 per pair and jogging shorts cost​

$15 each. At her current consumption bundle pair of 4 pairs of socks and 2 jogging​ shorts, her marginal benefit from the last pair of socks is 20 and the marginal benefit of the last jogging short is 30. Maylin should​ ________.
Mathematics
1 answer:
PolarNik [594]3 years ago
5 0

Answer:

Maylin should purchase one unit of each socks & jogging shorts.

Step-by-step explanation:

In case of two goods, consumer is at equilibrium when marginal utility per dollar spent on last unit of the goods are equal, ie MU 1 / P1 = MU 2 / P2 (MU are the marginal utilities / marginal benefit of two goods, P are the price of two goods)

Given : MU1 (So) = 20, MU2 (JSh)  = 30, P1 (So) = 10, P2 (JSh) = 15

So, equilibrium is at where MU1 (So) / P1 (So) = MU2 (JSh) / P2 (Jsh)

20/10 = 2, & 30/15 = 2.  MU's per dollar are equal for both.

So Maylin is in equilibrium, she should purchase one unit of each socks & jogging shorts.

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Polymer composite materials have gained popularity because they have high strength to weight ratios and are relatively easy and
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Complete Question

Polymer composite materials have gained popularity because they have high strength to weight ratios and are relatively easy and inexpensive to manufacture. However, their nondegradable nature has prompted development of environmentally friendly composites using natural materials. An article reported that for a sample of 10 specimens with 2% fiber content, the sample mean tensile strength (MPa) was 51.1 and the sample standard deviation was 1.2. Suppose the true average strength for 0% fibers (pure cellulose) is known to be 48 MPa. Does the data provide compelling evidence for concluding that true average strength for the WSF/cellulose composite exceeds this value? (Use α = 0.05.)  

t=8.169  

P-value= ?

Answer:

a)  P-value=0

b)  Hence,We FAil to reject the alternative hypothesis and accept that the true average strength for the WSF/  cellulose composite exceeds 48 MPa.

Step-by-step explanation:

From the question we are told that:

Sample size n=10

Mean \=x= 51.3

Standard deviation \sigma=1.2

Significance level is taken as \alpha=0.05

t test statistics

t=8.169

Therefore

P-Value=P(t>8.169)

Critical point

t_{\alpha,df}

\alpha=0.05

df=10-1=>9

Therefore

P-value from T distribution table

P-value=0

Conclusion

P-value (0)< \alpha(0.05)

We Reject the Null Hypothesis H_0

Hence,We FAil to reject the alternative hypothesis and accept that the true average strength for the WSF/  cellulose composite exceeds 48 MPa.

7 0
3 years ago
What is the unit price of a quart of milk for $0.89
ValentinkaMS [17]
.89x4 is 3.56, 4 quarts to a gallon. Answer is D
5 0
4 years ago
Read 2 more answers
16. Solve -3x2 - 9x + 12 = 0.
AURORKA [14]

Given :

  • -3x² - 9x + 12 = 0

To find :-

  • Value of x .

Solution :-

Given equation ,

  • -( 3x² + 9x -12 ) = 0
  • 3x² + 9x - 12 = 0
  • 3x² + 12x - 3x - 12 = 0
  • 3x ( x +4) -3( x +4) = 0
  • (3x -3)(x +4) = 0
  • x = 3/3 , -4
  • x = 1 , -4
7 0
3 years ago
Make up your own “which one doesn’t belong” example:
Stolb23 [73]
Caca pipipoopoo checkkkkkkkk
6 0
4 years ago
Maya is planning a bridal shower for her best friend. At the party, she wants to serve 3 beverages, 3 appetizers, and 3 desserts
Sophie [7]

Answer: 5808000 ways

Step-by-step explanation:

When it comes to selection, the combination formula is used to calculate the number of ways an item can be selected.

Using the combination formula of picking "r" items from a total of "n" items, the number of ways become:

nCr = n! /(n-r)! × r!

Hence,

to choose 3 different beverages from possible 12 = 12C3 = 220

to choose 3 different appetizers from possible 12 = 12C3 = 220

to choose 3 different deserts from possible 10 = 10C3 =120

Total number of ways to choose this meal = 220 × 220× 120 = 5808000 ways

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4 years ago
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