Answer:
Option (E) is correct.
Explanation:
For utility maximization,
Bob's consumption of Housing and food should be such that:
Here,
= 50
=20
Bob is not maximizing utility, as these two terms are not equal(50 > 20).
Since the marginal utility per rupee spent on housing is greater than that on food.
Hence, Bob can increase his utility just by consuming more of housing and less of food.
Answer:
c) 30
Explanation:
One online lesson takes 20 mins.
There are 90 lessons.
The total time required to complete the 90 lessons will be
=20Mins x 90 lessons
=1800 mins
In hours = 1800/60
=30 hrs
Answer:
effective annual coupon rate = 10.77 %
Explanation:
given data
Coupon Rate = 10.50%
Type of Compounding = Semiannually
Number of Payments in a Year (n) = 2
solution
we get effective annual coupon rate that is
effective annual coupon rate = ............................1
put here value and we get
effective annual coupon rate =
effective annual coupon rate = 0.107756
effective annual coupon rate = 10.77 %
Answer:
C
Explanation:
LRAS would shift left because there would be fewer workers available to produce goods at any given price. however sras is capable of shift left and right.
hope this helps <3