Goods 1 and 2 are perfect complements and a consumer always consumes them in the ratio of three units of good 2 per unit of good 1. The price of good 1 is $1 while the price of good 2 is $4. The consumer has an income of $3,900. How many units of good 2 will be in the consumer's optimal bundle

True or false: a fitted model with more predictors will necessarily have a lower training set error than a model with fewer predictors.

There is a small, family-owned store that sells food and household goods in a small town. the owners have good relations with the community, especially with local farmers who supply much of the food. the farmers aren't organized into a cooperative or union, and the store deals with each individually. suppose the store wanted to buy some farms to control the supply of certain vegetables. how would you classify this strategic move? select one: a. horizontal integration b. forward integration c. backward integration d. concentric integration

Schuepfer inc. bases its selling and administrative expense budget on budgeted unit sales. the sales budget shows 1,800 units are planned to be sold in march. the variable selling and administrative expense is $4.30 per unit. the budgeted fixed selling and administrative expense is $35,620 per month, which includes depreciation of $2,700 per month. the remainder of the fixed selling and administrative expense represents current cash flows. the cash disbursements for selling and administrative expenses on the march selling and administrative expense budget should be: