Answer:
8 units of Hot dog
Step-by-step explanation:
Total utility refers to the utility in which the is satisfaction after consuming the multiple units from a good or a service
As we can see from the attached figure that at the number of 8 hot dogs the total utility is maximum i.e 55
Therefore in the given case, the optimal number of hot dogs he will eat is 8 as at this point the total utility is more as compared to the other utilities
You "distributed" the negation inside the parenthesis. Let's focus on the part.
We can distribute the negation inside the parenthesis by negating every term, and switching and with or, and vice versa. So, you have
Of course, writing is improper, I was just stressing the fact that we distributed the negation to every term in the parenthesis. So, since a double negation cancels out, you're left with
which of course implies that
Edit: I actually derived the expression in the opposite order, but since they are equivalent, it doesn't really matters where you start from and where you get to. Anyway, if you actually want to derive from
, you simply have to negate the first parenthesis and distribute the negation as discussed.
Answer:
The value of r to be out in the given formula is r = 0.048.
Step-by-step explanation:
The rate is given as 4.8%.
Now to put the value of interest in the given formula,
We need the value of r.
r =
Hence, the value of r to be out in the given formula is r = 0.048.