Answer:
<u>For Maths;</u>
<u>The student would increase time studying for maths.</u>
<u>For English;</u>
<u>The student would increase time studying for English.</u>
<u>Explanation:</u>
This is the case in both cases because there's a certainty that the student earns an A in both cases if he puts in the equivalent $ amount worth of effort.
The student's ability to adapt to change comes under great test over the next 6 weeks in other to get an A in the math and English classes.
Answer:
Local spaces open for public to help them with social activities. Parks, gyms, store, mall and clubs are some of local spaces which are open to everyone for gaining relaxation in their leisure time.
Explanation:
People are busy in weekdays and they need some place for relaxation on weekend. There are many places which provide with recreational activities for people to relax and spend their weekends with their family.
Answer:
4,000 m
Explanation:
4,000 million Peruvian sol
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
