6:45 PM | 0.2KB/s © d ullull ? 49 = Chegg Time remaining: 00:09:41 Economics A crocodile has a utility function U (x1, x2) = min (7x1,5x2) where x1 are deer and x2 zebras. The price in deer is p1 =...


1


6:45 PM | 0.2KB/s © d<br>ullull ? 49<br>= Chegg<br>Time remaining: 00:09:41<br>Economics<br>A crocodile has a utility function U (x1, x2) = min<br>(7x1,5x2) where x1 are deer and x2 zebras. The<br>price in deer is p1 = 10, in zebras it is p2 = 4 and<br>the income of the crocodile is Y = 11. Calculate<br>his excellent choice for deer x1.<br>а.<br>1.41<br>b.<br>2.24<br>С.<br>5.32<br>d.<br>4.93<br>е.<br>3.14<br>f.<br>1.06<br>g.<br>0.71<br>h.<br>0.35<br>Answer<br>Skip<br>Exit<br>lil<br>

Extracted text: 6:45 PM | 0.2KB/s © d ullull ? 49 = Chegg Time remaining: 00:09:41 Economics A crocodile has a utility function U (x1, x2) = min (7x1,5x2) where x1 are deer and x2 zebras. The price in deer is p1 = 10, in zebras it is p2 = 4 and the income of the crocodile is Y = 11. Calculate his excellent choice for deer x1. а. 1.41 b. 2.24 С. 5.32 d. 4.93 е. 3.14 f. 1.06 g. 0.71 h. 0.35 Answer Skip Exit lil

Jun 08, 2022
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here