Mathematics, 26.11.2019 22:31 robot2998
Matt's ordinary demand function for commodity x1(p1, p2, i)=(3i)/p1. how will a 1% increase in p1 affect matt's expenditures on x1 (use our approximization formula here)?
(a) his expenditure on x1 will increase by 1%
(b) his expenditures on x1 will not change.
(c) his expenditures on x1 will decrease by 1%.
(d) it is not possible to determine how matt's expenditures will change from the information given.
Answers: 1
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Identify a1 and r for the geometric sequence an= -256(-1/4) n-1
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Abag contains 4 red, 7 blue and 5 yellow marbles. event a is defined as drawing a yellow marble on the first draw and event b is defined as drawing a blue marble on the second draw. if two marbles are drawn from the bag, one after the other and not replaced, what is p(b|a) expressed in simplest form? a. 7/16 b. 7/15 c. 14/16 d. 14/15
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Suppose you are choosing a 6-digit personal access code. this code is made up of 4 digits chosen from 1 to 9, followed by 2 letters chosen from a to z. any of these digits or letters can be repeated. find the total number of personal access codes that can be formed. 492,804 341,172 39,917,124 4,435,236
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Matt's ordinary demand function for commodity x1(p1, p2, i)=(3i)/p1. how will a 1% increase in p1 af...
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