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Simora [160]
3 years ago
12

Luke's choice behavior can be represented by the utility function u(x1,x2)=x1+x2. The prices of x1 and x2 are denoted as p1 and

p2, and his income is m.
Draw at least three indifference curves and find its slope (i.e. MRS). Is the MRS changing depending on the points of (x1,x2) at which it is evaluated, or constant?
Mathematics
1 answer:
Lunna [17]3 years ago
6 0

Answer:

Step-by-step explanation:

hahaha idk the answer fool

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PLEASE HELP !! ILL GIVE BRAINLIEST !!
CaHeK987 [17]

Answer:

1 and 4, 2 and 3, 5 and 8, 6 and 7

Step-by-step explanation:

3 0
3 years ago
Read 2 more answers
Two mountain bikers take off from the same place at the same time. One travels north at 4 mph, and the other travels east at 3 m
Dafna1 [17]

Answer:

20 miles (Answer B)

Step-by-step explanation:

The northbound biker travels (4 mph)(4 hr) = 16 mi, and

the eastbound biker travels (3 mph)(4 hr) = 12 mi.

They travel at right angles to one another.  Thus, the Pythagorean Theorem applies here.  The distance between the two bikers is d = √( [12 mi]^2 + [16 mi]^2 ), or √(144 + 256) mi, or √400 mi, which works out to 20 miles.

Answer B is correct.


8 0
3 years ago
Which line has an y-intercept of -1
torisob [31]
Boi. This is the easiest question i've ever answered. The line that crosses the y-axis at the point (0,-1) (the line on the right)
6 0
4 years ago
There were 567 people at a concert when a band started playing. After each song, only one-third of the people stayed to hear the
emmasim [6.3K]
To write the function correctly, it is important to assign variables correctly and understand the situation of the problem clearly. For this, we let y the number of people and x as the number of songs played.

At x = 0   y = 567
at x = 1   y = 567 - 567(1/3)
at x = 2   y = 567 - 567(1/3)(1/3)
at x = 3   y = 567 - 567(1/3)(1/3)(1/3)

Therefore, the number of people left after x songs would be represented by the equation:

y = 567 - 567(1/3)x
y = 567 ( 1- x/3 )
8 0
3 years ago
Read 2 more answers
Your bank statement shows that you have a balance of $412.20. All the checks you have written during this statement period are o
mina [271]
Missing check = $412.20 - $331.60 = $80.6


Hope it helps!

3 0
3 years ago
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