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motikmotik
3 years ago
12

Ricardo's utility depends on his consumption of good q1 and good q2, where the price of good q1 is initially $30 and the price o

f good q2 is $15. At the original prices, his compensated demand for good q1 is q1 = 39.583(p2/p1)0.4. The price of good q1increases from $30 to $60. At the new price. Ricardo's compensated demand for good q1 is q1= 26.114(p2/p1)0.4(i) What is Ricardo's compensating variation? Ricardo's compensating variation (CV) is CV =_____.(ii) What is Ricardo's equivalent variation? Ricardo's equivalent variation (EV) is EV =_____ .
Business
1 answer:
adelina 88 [10]3 years ago
8 0

Answer: 67

Explanation:

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What sort of questions would a Turing test ask and what are some responses to each
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<h2>The following are some turing questions and the responses to them: </h2><h2> </h2>
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7 0
3 years ago
The result of your Monte Carlo simulation for the Present Worth of a project is a normal distribution with a mean of $575,234 an
sveticcg [70]

Answer:

6.85%

Explanation:

Mean = 575,234

Standard deviation = 10,245

Project will be successful when PV > 560,000

For not getting success, PV < 560,000

P (X < 560,000) = <em>P </em>(Z < (560,000-575,234)/10,245)

P (X < 560,000) = <em>P </em>(Z < -1.48697)

P (X < 560,000) = 0.0685

P (X < 560,000) = 6.85%

Therefore, the chance that the project will NOT succeed is 6.85%

7 0
3 years ago
What is core capabilities
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Alternative term for core competencies.
6 0
3 years ago
Carrie, a new salesperson for Brenham Foods, calls in an order for twice the amount of merchandise that Corner Market requested
leonid [27]

Answer:

opportunity

Explanation:

According to my research on Ethics, I can say that based on the information provided within the question this is an example of how opportunity influences ethical decision making. Carrie in this situation had an opportunity that although morally and ethically wrong would increase her sales without raising alarms and decided to take that opportunity.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

8 0
3 years ago
Under the behaviorally anchored rating scales (BARS) system, critical incidents are short descriptions of ______ employee perfor
rusak2 [61]

Answer:

effective and ineffective behaviors used to create a measure for evaluating

Explanation:

The Behaviorally anchored rating scales (BARS) refer to a scale in which the performance are rated based on good, moderate and poor performance. It analyzed the employee performance throughout the year due to which the appraisal could be done. It is a mix of critical events, narratives gains, ratings i.e quantified

Therefore the given situation represents the effective and ineffective behavior for developing an evaluation

8 0
4 years ago
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