If its linear then the slope between the first 2 points will equal the slope between second and third points.
slope of r=first 2 = (3 - 2) / (1-0) = 1
slope 2nd & 3rd = (4-3) / (2-1) = 1 also
So the function is linear
B linear fuction could be 2x + 1
nonlinear = x^2
Let's let x equal the number of months that payment is made.
$60 is constant, because it is only charged once.
Let's let y equal the total cost for x amount of months.
For fast internet:
y=50.45x+60
For quick internet:
y=57.95x
The equations will equal each other when the payment has reached the same amount.
50.45x+60=57.95x
There is no photo of the equation I can’t help you if you don’t give me something to work with
Answer:
Step-by-step explanation:
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Answer:
<u>Optimal number of hot dogs: Eight
</u>
<u>Maximum utility: Fifty five</u>
Correct statement and question:
Biff's Hot Dog Utility
Hot Dogs Total Utility (utils) Marginal Utility (utils)
5 48 —
6 52 4
7 54 2
8 55 1
9 54 - 1
10 51 - 3
If Biff is rational (and has no intention of winning the hot dog eating contest), what is the optimal number of hot dogs he will eat and what will his maximum level of utility be?
Source
Question that can be found at coursehero, but can't provide the exact link because it would be rejected by brainly if I write it down.
Step-by-step explanation:
What is the optimal number of hot dogs he will eat and what will his maximum level of utility be?
<u>According to the information provided in the table above, the optimal number of hot dogs Biff will eat is 8. The maximum utility he can reach eating 8 hot dogs is 55. After 8, the total utility start to decrease because the marginal utility starts to be negative.</u>