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Question

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Answers

Praxilla, who lived in ancient Greece, derives utility from reading poems and from eating cucumbers.
Praxilla gets 30 units of marginal utility from her first poem, 27 units of marginal utility from her second poem, 24 units of marginal utility from her third poem, and so on, with marginal utility declining by three units for each additional poem. Praxilla gets six units of marginal utility for each of her first three cucumbers consumed, five units of marginal utility for each of her next three cucumbers consumed, four units of marginal utility for each of the following three cucumbers consumed, and so on, with marginal utility declining by one for every three cucumbers consumed. A poem costs
three bronze coins but a cucumber costs only one bronze coin. Praxilla has 18 bronze coins. Sketch Praxilla’s budget set between poems and cucumbers, placing poems on the vertical axis and cucumbers on the horizontal axis. Start off with the choice of zero poems and 18 cucumbers, and calculate the changes in marginal utility of moving along the budget line to the next choice of one poem and 15 cucumbers. Using this step-bystep process based on marginal utility, create a table and identify Praxilla’s utility-maximizing choice. Compare the marginal utility of the two goods and the relative prices at the optimal choice to see if the expected relationship holds. Hint: Label the table columns: 1) Choice, 2) Marginal Gain from More Poems, 3) Marginal Loss from Fewer Cucumbers, 4) Overall Gain or Loss, 5) Is the previous choice optimal? Label the table rows: 1) 0 Poems and 18 Cucumbers, 2) 1 Poem and 15 Cucumbers, 3) 2 Poems and 12 Cucumbers, 4) 3 Poems and 9 Cucumbers, 5) 4 Poems and 6 Cucumbers, 6) 5 Poems and 3 Cucumbers, 7) 6 Poems and 0 Cucumbers.

Red resin structures for the uranium iron, which accounts for both brothers off this reaction for this brother Borman Anders toe the Ortho position and last in one of those positions. The price of charge is next effort group and undergoes stabilization, which explains information off the product for this Florida. We just moved the effort, so the better position and here in one structure it against ends up the trouble with the price of charge. It's stabilized by the group, which explains information off this product.

Fennel visited, which can be produced from funeral, is less reactive than funeral in automatic. There are a few exceptions fearful. Explain what it's this, but the group is still Order Pereira director. Just like hydroxy group, you know, So I don't see a group in. Fino is a force of credit director because over too long in the pants, which supplies elections, most it through the orphan and better positions, this group still has to look natural in prayer on oxygen, which pretty X the same way as the age group. In funeral, however, the compound is less reactive because for conjugation off long and compare with adjusting Gruber. No, which most away park the church former our since one So the little there compares on oxygen become less active.


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