gabby77778
04.12.2020 •
Mathematics
Consider the following utility function: U=10X+20Y
A consumer faces prices of Px = 2$ and Py =10$
Assuming that graphically good X is on the horizontal axis and good Y is on the vertical axis, suppose the consumer chooses to consume 17 units of good X and 7 units of good Y. Then the marginal rate of substitution (MRS) is equal to:
MRS=?
(Enter your response rounded to two decimal places. Do not forget to include the negative sign.)
The consumer should consume only good X Or only good Y OR the same amount of good X and Y
to maximize utility.
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Ответ:
b
Step-by-step explanation:
Ответ:
If we set the vertex at (0,0) then the curve goes through (30,30)
y = 1/30 x^2
x^2 = 30y
Since the parabola x^2 = 4py has its focus at y=p, 4p=30 and the mic should be 15/2 inches up from the vertex.