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zmey [24]
3 years ago
9

Amanda's utility function is given by the equation u=10x+27, where x is the only good she is interested in purchasing. Given thi

s information, what would Amanda's utility level be if she consumed one unit of x?
Business
1 answer:
Rufina [12.5K]3 years ago
6 0

Answer:

37

Explanation:

From the given information;

if the utility function is given by:

u = 10x + 27

where;

x = one unit ( i.e. the quantity of the good she is interested in buying)

Then,

u = 10 (1) + 27

u = 10 + 27

u = 37

Thus, Amanda utility level if she consumed one unit of x = 37

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Resource smoothing is one of the project management devices used in the resource development techniques. It is interpreted as a technique that alters the activities of a scheme model so that all necessity for the resources do not excel the resource limits which is already pre-interpreted while planning. It is used when the time limitations takes important place in project planning.

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Answer:

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2 years ago
The Herfindahl-Hirschman Index (HHI) is a mathematical approach to understanding market concentration that provides a single con
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2550

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3 years ago
Suppose two cities are considering tearing down their stadiums to build new ones. In one city, the old stadium cost $5 million t
timofeeve [1]

Answer:

These are the options for the question:

A. They should be more willing to tear down the $5 million stadium, because it cost less to build.

B. They should be more willing to tear down the $50 million stadium, because it cost more to build.

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And this is the correct answer:

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4 0
4 years ago
Read 2 more answers
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