Answer:
(B) U(c,f)=min{2c,f}
Explanation:
This is an example of Leontif utility function which states that the preferences of a consumer is to a constant ratio of quantities of two or more goods in his demand bundles and having an extra unit of a single good will not increase the utility of the consumer and will make the extra unit to waste. But having more units of all the goods in the demand bundle which maintain the constant ratio will increase the utility of the consumer.
A good example usually used in economics is that of a pair of shoe. Having one right and one left of a type of shoe gives a consumer utility at a constant ratio of 1:1, and increasing each leg by multiple of one at every point in time will increase the utility of the consumer, while increasing just only one makes the utility not to change. For instance, having only two left shoe will not give the consumer any utility and make both the left shoe useless.
In the question, the ratio of cups of corn meal, denoted by c, and cups of flour, denoted by f, is 2:1. This implies that to increase the utility of the consumer, c has to increase by a multiple of 2 at every point in time while f has to increase by one at the same point in time to maintain the constant ratio of 2:1. Increasing only c by 2 or only f by 1 will maintain the constant ratio and it will lead to a waste of the increased unit of the affected commodity.
Therefore, option (B) U(c,f)=min{2c,f} is the correct answer that gives a constant ratio of 2:1 = 2c:f.
I wish you the best.
Bring in new products or services, introduce deals and sales, help local charities
Answer:
Option B. He will win
Explanation:
If Samuel is desiring to sue his employer in a circuit court because he thinks that the employer was negligent then he will have to sue under negligence Act, which says that the employer is obliged to take all necessary precautions and if found negligent then the court may apply contributory negligent theory as well as comparative negligent theory. These two negligent theories means that the employer was partly responsible for injury, which means that this would result in compensation to Samuel.
Hence it is more likely that Samuel will win the case.
Scientific because biology is the study of living organisms.
Answer:
a. Dish-washer
b.
1. Capacity
2. Energy saving considerations
3. Price
Explanation:
a
Shopping is the activity of selection and assessment of retail goods with the intention of purchasing. It always involves the process of comparison of the goods based on; availability, usability, price, and quality. An example of a shopping good is a dish-washer. A dish water is an automated machine that does the activity of washing dishes.
b.
Before going for shopping of a good, such as a dishwasher, its is advisable to do some research on the type of dish washer you want and the cost implications. It would also be important to know where the dish washers would readily be available. The following factors should be considered when a person is going to buy a product, namely;
1. Capacity: the capacity relates to the size of the dish washer and the quantity of dishes that it can take at a time. The capacity should be judged by the number of people that will be permanently residing in the house. In general there two types of capacity; standard capacity and compact size. A standard capacity size is good for a big family while a compact size dish washer is good for a couple or even someone who stays alone. Since you stay alone, a compact size would be recommended.
2. Energy saving considerations: a dishwasher that is certified by the Consortium of Energy Efficiency is one that has energy saving features. These features use lesser energy compared to other machines and can save one a lot of money in terms of electricity bills.
3. Price: the choice of the dish washer should be within the amount of money the buyer is willing to spend. Research showed that, the larger capacity dish washer was more costly than the compact size dish washer. The compact size dish washer price was within the buyers budget.
