Utility Topic Questions

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We found 30 questions associated with the 'Utility' topic. Displaying results 11 - 20.

Given utility function for two goods x and y ,u(x,y)= x1/3 y2/3 ,and prices of two goods px =2,py =5

... and money income M=400, A,write down the budget line equation. B,find the utility maximizing quantities of x and y. C, compute the maximum ...

Posted 3+ months ago | 0 answers | | Open

Related topics: money, price, line, down, write, utility, equations, good, budget

Monopoly - Hello, When a player lands on a Utility and has to pay a penalty, it states that the sum?

... to be paid is the value of the rolled dice multiplied 4 times or 10. For example then if the total value rolled was 8, is the 8 just 8 or 80 or ...

Posted 3+ months ago | 1 answers | 1 star | Open

Related topics: state, monopoly, land, player, dice, utility, example, rolled, time

Deriving a demand function?

For the given utility function u(x,y)=5xy^2, px=2,py=8,i=240. 1 Derive a uncompensated demand function for x and y? 2 Derive an indirect utility ...

Posted 3+ months ago | 0 answers | | Open

Related topics: utility

My neighbor has had his 40ft utility trailer in my yard for over 3-5 years. Can I claim it?

My neighbor has had his 40ft utility trailer in my yard for over 3-5 years. I've told him verbally i want it gone but he just says the same ole ...

Posted 3+ months ago | 2 answers | | Open

Related topics: over, year, utility, yard, neighbor, trailer, years

Do state Governors have to pay any utility bills(water,electricity, etc.)?

I have a project to find out the monthly expenses for someone who has the job position as a state Governor, but i can't find anything on the ...

Posted 3+ months ago | 1 answers | | Open

Related topics: water, state, project, governor, electricity, position, bill, utility, job, internet

Microeconomics problem?

Harvey Habit has a utility function U(c1, c2) = min{c1, c2}, where c1 and c2 are his consumption in periods 1 and 2 respective ly. Harvey earns $189 ...

Posted 3+ months ago | 0 answers | | Open

Related topics: utility, problem, period, periods, microeconomics

What is a Municipal Utility Districts responsibilities?

Is a Municipal Utility District responsible for providing water and sewer to the owner of land inside its district?

Posted 3+ months ago | 0 answers | | Open

Related topics: water, land, inside, municipal, owner, utility, district, sewer

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