Suppose that Omar's marginal utility for cups of coffee is constant at 1.5 utils per cup no matter how many cups he drinks. On the other hand, his marginal utility per doughnut is 10 for the first doughnut he eats, 9 for the second doughnut he eats, 8 for the third he eats, and so on (that is declining 1 unit for each additional doughnut consumed). Suppose that coffee costs $1.00 per cup and doughnuts $1.00 each, and Omar has a budget that he can spend only on doughnuts and coffee. How large would his budget need to be before he would spend a dollar on coffee?

Answers

Answer 1

Answer:

$6.5

Step-by-step explanation:

The marginal utility per dollar of a commodity is obtained by:

Marginal utility of coffee = 5.5

Price of coffee = $1

The marginal utility of doughnut declines by 1 per additional unit of donut consumed :

10 / 1, 9 /1..... 1/1

Therefore , before a dollar can be spent on coffee, then the marginal. Utility of coffee should be greater than doughnut.

5.5 doughnuts will be purchased, at this time marginal utility of doughnut will be 5.5/1, the 6th doughnut will have a marginal utility of 5 which is less than that of coffee.

Cost of 5.5 donuts = $5.5

Cost of coffee = $1

Total = $(5.5 + 1) = $6.5


Related Questions

Write 5.164 x 10^-4 in standard form.*

Answers

Answer is 0.0005164x

Evaluate the expression.
(-5)(5) +5=

Answers

Answer:

Step-by-step explanation:

Here you go mate

Step 1

(-5)(5) +5  Equation

Step 2

(-5)(5) +5 Simplify

(-5)(5) +5

Step 3

(-5)(5) +5  Add and multiply them

(-25)+5

answer

-20

3y + x = 12
What is the value of x when y = 3?

Answers

Step-by-step explanation:

3y + x = 12

When y = 3, we have 3(3) + x = 12.

=> 9 + x = 12, x = 3.

The distance between Dallas, TX and Houston, TX is 384 kilometers. There are approximately 8 kilometers in 5 miles. Which measurement is closest to the number of miles between these two cities?

Answers

238.6 miles between dallas and houston

Which statement is true ?

Answers

Answer:

the second one

Step-by-step explanation:

Please help me with this..

Answers

I believe the answer is 7.18


The ratio of the number of adults to the number of children at a restaurant is 3: 7. Identify the choice(s) below
that represent an equivalent ratio.
A 15:35
B 6:14
C 21:9
D 8:12
E 30 : 70


Answers

Answer:6:14

Step-by-step explanation:

Is this question -true or false- I dont know

Answers

Answer: FALSE

Step-by-step explanation:

the answer is false

The difference between three times a number and eight equals negative five. What is the number?

6.3
-4.3
-1
1

Answers

Answer:

it's 1

Step-by-step explanation:

when one is multiplied by three times.it gives us three and its difference result negative five 3–8 = -5

Jupiter,Saturn or Uranus?

Answers

Answer:

Jupiter :)

Step-by-step explanation:

what is 46274648354846374 times 77466​

Answers

3.5847146e+20

:)))))))))))))

£1 = $1.5 dollars
Convert £20 into dollars

Answers

Answer:

$30

Step-by-step explanation:

1.5 x 20 = 30

The answer is 30 as 1.5x20 = 30

Graph the following
y−2=2/3(x+4)

Answers

in the future you can go to desmos graphing calculator

An online company clothing company sells custom sweatshirts. The company charges $6.50 for each sweatshirt and a flat fee of $3.99 for shipping. Write a linear function in the form `y=mx+b`that represents the total cost, y, in dollars, for a single order of x sweatshirts.

Answers

Answer:

y = 6.5x + 3.99

Step-by-step explanation:

Let

Total cost = y

Single order of sweatshirts = x

Each sweat shirt = $6.50

We are given the linear function =

y = mx + b

Hence:

y = $6.50 × x + $3.99

y = 6.5x + 3.99

Therefore, the linear function in the form y=mx+b that represents the total cost is given as:

y = 6.5x + 3.99

Which fraction and decimal forms math the long division problem

Answers

Answer:

4/15 and 0.26

Step-by-step explanation:

Here, we want to write the fraction and decimal that matches the division problem

The division problem is simply 4/15 in fraction

In decimal, this is 0.2667

math work is hard pt1

Answers

Answer:

1. y = 3x - 2

2. [tex]y = \frac{1}{2} [/tex]

3. [tex]y = \frac{3}{2} x + 4[/tex]

4. y = -3x + 5

5. y = x - 6

Happy To Help <3

V/7=5
Solve for v
(I need help right now)

Answers

Answer:

V=35

Step-by-step explanation:

[tex]\frac{V}{7} =5[/tex]

Start by multiplying by 7 on both sides:

V=35

Answer:

35

Step-by-step explanation:

5 times 7 is 35 so v divided by 7 is 5

In degree measure, the angles pie/3, pie/4, and pie/2 are respectively

Answers

Answers:

pi/3 radians = 60 degreespi/4 radians = 45 degreespi/2 radians = 90 degrees

=======================================

Explanation:

To apply the conversion, we use the idea that pi radians is equivalent to 180 degrees

pi radians = 180 degrees

To convert from radians to degrees, we'll multiply by the conversion factor (180/pi)

This leads us to the following:

(pi/3 radians)*(180/pi) = (pi*180)/(3*pi) = 180/3 = 60. So pi/3 radians converts to 60 degrees(pi/4 radians)*(180/pi) = (pi*180)/(4*pi) = 180/4 = 45. So pi/4 radians converts to 45 degrees(pi/2 radians)*(180/pi) = (pi*180)/(2*pi) = 180/2 = 90. So pi/2 radians converts to 90 degrees

move the numbers to the lines to appear in order from least to greatest.

_,_,_,_,_
|-2/3| , |0.8| , 0.75 , 1/4 , -0.3​

Answers

-2/3, -0.3, 1/4, 0.75, 0.8

A calculator is listed for $110 and is on clearance for 35% off. Sales tax is 7%. What is the cost of the calculator? ​

Answers

Answer:

$76.51

Step-by-step explanation:

I found how much the calculator cost on clearance first. Then I found the sales tax and added them together.

Adidea Corp regularly buts merchandise from vendors. It just purchased 1,000 units on credit from one of its vendors. How will the company record this transaction

Answers

Answer:

You did not include the price they bought the units at.

I will assume this price is $5.

= 5 * 1,000

= $5,000

Recording it will be:

    Account                                                           Debit                     Credit

    Merchandise Inventory                                 $5,000

          Accounts Payable                                                                 $5,000

Help Please! △ABC is given with line m drawn through A parallel to BC¯¯¯¯¯¯¯¯. In the course of proving that the interior angle measures of △ABC sum to 180°, which of the following will be shown? Select the two correct answers.

∠1≅∠B

∠1≅∠C

m∠1+m∠BAC+m∠2=180°

m∠BAC+m∠C+m∠2=180°

∠2≅∠A

Answers

not sure but i thibj the second one

please help im so lost lol

Answers

Answer:

B, C, and E

Step-by-step explanation:

6(x+4)+35

B) 6x+ 6(4)+ 35 (They just distributed the 6 to the x but left the 4 undistributed)

C) 35+6(x+4) (If addition or subtraction, moving the numbers won't change the sum/difference)

E) 6(4+x)+35 (If addition or subtraction, moving the numbers won't change the sum/difference)

Answer:

I Honestly Dont Know Sorry haahahhahaha Go F ur self

Step-by-step explanation:

Order from least to greatest. 41/50, .83, 80%

Answers

Answer:

Step-by-step explanation:

Ok so if we turn these all to frections with a denominator of 100 we will have

82/100, 83/100, and 80/100. So it will be 80%, 41/50, 0.83.

Answer:

80%, 41/50, 0.83.

___________________________

Showing Work

Using the given inputs:

41/50 83 80%

Rewriting these inputs as decimals:

41/50 83 80%

0.82 83 0.8

Sorting this table by decimal values in order from least to greatest:

80%   41/50   83

0.8 < 0.82 < 83

Therefore, the sorted inputs in order from least to greatest is:

80% < 41/50 < 83

Hope this helps!

The sum of a number and 13 is the same as the difference of 29 and the number. Find the number.

Answers

Answer:

16

Step-by-step explanation:

im pretty sure

the length of the hypotenus of a certain right triangle is 50 inches and the length of its legs is 40 inches . what is the length in inches of the other leg of the triangle

Answers

Answer:

The length of the other leg of the triangle is 30 inches.

Step-by-step explanation:

Pythagorean: a^2+b^2=c^2

50=hypotenuse

50^2-40^2=missing leg

50^2=2500

40^2=1600

50^2-40^2=900

[tex]\sqrt{900}[/tex]=30

30 is missing leg

The length of the other leg of the triangle is; 30 inches.

What is the right triangle?

A right-angle triangle is a triangle that has a side opposite to the right angle the largest side and is referred to as the hypotenuse. The angle of a right angle is always 90 degrees.

We have been given that the length of the hypotenuse of a certain right triangle is 50 inches and the length of its legs is 40 inches.

Using Pythagorean:

[tex]a^2+b^2=c^2[/tex]

50 = hypotenuse

Let the missing length is x.

x² = 50^2-40^2

x² = 2500 - 1600

x²  = 900

x =30

Hence, the length in inches of the other leg of the triangle is 30.

Learn more about a right angle;

https://brainly.com/question/7116550

#SPJ2

An online clothing company sells custom sweatshirts. The company charges
$5.50 for shipping plus $8.00 for each sweatshirt. Write a linear function rule that models the total
costy (in dollars) for any number of sweatshirts x

Answers

Well, the equation for this problem is 5.50x + 8.00.
The y-intercept / initial value in the problem is $5.50 because that is what you have to pay and it’s basically your initial value whereas $8.00 is your slope or rate if change because that is why you have $8.00x which means that whatever number of sweatshirts you buy, they will each cost you $8.00.

find the smaller number of two consecutive odd numbers such that the sum of the larger numbers and twice the smaller number is 27 less than four times the smaller number​

Answers

Answer: 29

Step-by-step explanation:

Let the smaller number be x

Let the bigger number be x+2

The information given in the question can be represented in a equation as:

x + 2 + 2x = 4x - 27

3x + 2 = 4x - 27

4x - 3x = 27 + 2

x = 29

The smaller number is 29

Rite the phrase as an expression. Then evaluate when y=20. 3 less than the quotient of a number y and 4 Expression: When y=20, the value of the expression is .

Answers

Answer:

[tex]\frac{y}{4} - 3[/tex]

[tex]\frac{y}{4} - 3 = 2[/tex] -- when y = 20

Step-by-step explanation:

The quotient of y and 4 can be represented as:

[tex]\frac{y}{4}[/tex]

3 is less the above expression is:

[tex]\frac{y}{4} - 3[/tex]

So, the required expression is: [tex]\frac{y}{4} - 3[/tex]

When y = 20, we have:

[tex]\frac{y}{4} - 3 = \frac{20}{4} - 3[/tex]

[tex]\frac{y}{4} - 3 = 5 - 3[/tex]

[tex]\frac{y}{4} - 3 = 2[/tex]

Answer:

555

Step-by-step explanation:

edge test 100%

So what is the answer to The spinner below is spun twice. What is the probability of the arrow landing on a 3 and then on an odd number?

Answers

Answer: nijja what

Step-by-step explanation:

Answer:

1/3

Step-by-step explanation:

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