Answer:
the answer is D
Step-by-step explanation:
I t
Lola is incorrect because the width is half of the length as stated before.
Answer:
Maylin should purchase one unit of each socks & jogging shorts.
Step-by-step explanation:
In case of two goods, consumer is at equilibrium when marginal utility per dollar spent on last unit of the goods are equal, ie MU 1 / P1 = MU 2 / P2 (MU are the marginal utilities / marginal benefit of two goods, P are the price of two goods)
Given : MU1 (So) = 20, MU2 (JSh) = 30, P1 (So) = 10, P2 (JSh) = 15
So, equilibrium is at where MU1 (So) / P1 (So) = MU2 (JSh) / P2 (Jsh)
20/10 = 2, & 30/15 = 2. MU's per dollar are equal for both.
So Maylin is in equilibrium, she should purchase one unit of each socks & jogging shorts.
Answer:
5 and 9 because it is right
Step-by-step explanation:
5(6)819
