A consumer consumes only two goods X and Y. MU of X and Y are 3 and 4 respectively. Prices of X and Y are Rs.4 per unit each. Is consumer in equilibrium ? What will be further reaction of the consumer ? Give re
A consumer consumes only two goods X and Y. Marginal utilities of X and Y are 5 and 4, respectively. The prices of X and Y are Rs. 4 per unit and Rs. 5 per unit respectively. Is the consumer in equilibrium? If the marginal utility of good A is 15...
a4. Assume that Jim is a rational consumer who consumes only two goods, good X and good Y. Jim’s utility function is , where X and Y represent the quantities consumed of goods X and Y, respectively. (10 points) 4. 假设,吉姆是只消耗二件物品、好X和好Y.的一个合理的消费者。 吉姆的...
The indifference curve is a concave curve that shows the combination of two goods, X and Y, which consumers prefer to buy. It is a locus of the combination of points that give the consumer the same level of utility. When a consumer is on...
The increase in the production of consumer goods results in damage to the natural environment. What are the causes of this? What can be done to solve this problem? Give reasons for your answer and include any relevant examples from your own knowledge or experience. Write at least 250 words....
This pursuit of ceaseless novelty, coupled with the emergence of "planned obsolescence," led to the swift removal of older products from the market, fueling a consumer culture hungry for the latest offerings. In this consumption frenzy, excessive production and wastage became the norm, aggravating ...
The simple root bot, which implements a root bot that consumes the skill. This article focuses on the skill, which includes support logic in its bot and adapter. C# JavaScript Java Python For information about the simple root bot, see how to Implement a skill consumer. Resources For deploye...
(A)Country Y has an absolute advantage in producing both goods. (B)Country Y has a comparative advantage in producing both goods. (C)Country X has an absolute advantage in producing both goods. (D)Country X has a comparative advantage in producing oranges. (E)Country X has a comparative ...
( 10分 ) Iftherearetwogoodswithpositivepricesandthepriceofonegoodisreduced,whileincomeandotherpricesremainconstant,thenthesizeofthebudgetsetisreduced. A. 对 B. 错 正确答案: 2 ( 判断题 )( 10分 ) Ifpreferencesaretransitive,moreisalwayspreferredtoless. A. 对 B. 错 正确答案: 3 ( 判断题 )( ...
A consumer consumes only two goods X and Y. Marginal utilities of X and Y are 5 and 4, respectively. The prices of X and Y are Rs. 4 per unit and Rs. 5 per unit respectively. Is the consumer in equilibrium? The consumer is said to b...