Answer:
x=5
y=0
or
x=1
y=12
Step-by-step explanation:
I guess you can make it up as long as it equals 15, I guess that's what the question is saying??
Continuous vs discrete is if you can count vs. measure the results. For example: you can run 13. 5 miles but you can't have 13.5 dogs. Miles (measurable) are continuous while dogs (countable) are discrete.
Qualitative results are when a result is not a number, and qualitative is when the result is a number. For example: if you're doing a lab and a result is either going to be "blue" or "green", that's qualitative, since those aren't number values. However, if you were measuring distance, that would be qualitative, since you would get a result of "6 meters" or "2.5 inches", which are numerical values.
The scale of measurement are the units in which you are measuring something it. For example: distance has units of inches, feet, miles, etc... and weight has units of grams, kilograms, tons, etc...
Hope this helps! -Alex :)
Answer:
2 units of X and 5 units of Y
Step-by-step explanation:
(a) Utility is maximized when (MUx / Price of X) = (MUy / Price of Y)
This condition holds for the following cases
1. X = 4 (MUx / Px = 8 / 4 = 2) and Y = 6 (MUy / Px = 4 / 2 = 2)
2. X = 2 (MUx / Px = 16 / 4 = 4) and Y = 5 (MUy / Px = 8 / 2 = 4)
For the first case Total cost = 4 x $4 + 6 x $2 = $(16 + 12) = $28 (Budget is exceeded).
In the second scenario, Total cost = 2 x $4 + 5 x $2 = $(8 + 10) = $18 (budget is exhausted).
Optimal case contains X = 2 units, Y = 5 units.
