Answer:
2 of the 3 answers in picture
Step-by-step explanation:
Answer:
There are 5 apples in the best bundle Charlie can afford
Step-by-step explanation:
If the utility function is u(xa, xb) , where xa represent the quantity of apples and xb is the quantity of bananas then we want to choose the quantity of bananas and apples that maximises the utility of Charlie for the same budget restriction ( get the most benefit for the same money).
The budget restriction is
$4* xa + $2* xb = $40
then
u(xa, xb) =xa*xb
4*xa + 2*xb = 40 → xb = (40 - 4*xa)/2 = 20 - 2*xa
replacing in the utility function
u(xa, xb) =xa* (20 - 2*xa) = 20*xa - 2*xa²
the maximum of this function is obtained when the derivative of the utility function with respect to xa is 0 . Thus
du/dxa = 20 - 4*xa = 0 → xa = 20/4 = 5
then for
xa=5 apples
xb=20 - 2*xa = 20 - 2*5 = 10 bananas
Charlie maximises his utility . Therefore there are 5 apples in the best bundle Charlie can afford
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Answer:
2. On a coordinate plane, a hyperbola is shown. One curve opens up and to the right in quadrants 1 and 4, and the other curve opens up and to the left in quadrants 2 and 3
Step-by-step explanation:
Technically, the curve is not a hyperbola. A hyperbola is of the form 1/x; this one is of the form 1/x².
The function can be simplified to ...
f(x) = 5/x² -5
which is a "hyperbola" with a vertical asymptote at x=0 and a vertical translation of -5 units to bring parts of it into the 3rd and 4th quadrants.
Answer:
=(3+
)/2
=(3-
)/2
Step-by-step explanation:
x^2-3x+1=0
=(3+
)/2=(3+
)/2
=(3-
)/2=(3-
)/2