Introduction to economics for fresh students mid exam

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Introduction to economics for fresh students mid exam
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1-For what type of commodities does an indifference curve is straight line?
2-Assume that you want to buy good A, B and C. You have birr 37 in your wallet which to be spent for the purchase of the three goods. Prices of the goods are birr 5, birr 1, and birr 4 respectively

abasthomas
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a)Compute MU and MU per price for each goods at each output
b)At optimum point you will of of B and of C
c)What will be the maximum utility you drive by consuming the optimal combination of goods A, B and C?

3-Suppose the demand curve for a product is given by Q = 300 - 2P + 4I, where I is average income measured in thousands of dollars. The supply curve is Q = 3P - 50.
a. If I = 25, find the market-clearing price and quantity for the product.
b. If I = 50, find the market-clearing price and quantity for the product.
c. Draw a graph to illustrate your answers.
4- Mr. Chole has the following utility function: U(X, Y) = 20X + 80Y - X2 - 2Y2 where X is his consumption of tea with a price of birr 1 and Y is his consumption of coffee, with price of birr 2. He plans to spend birr 41 on both commodity. Determine a cup of tea and Coffee that will maximize Chole’s utility.

abasthomas
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❤❤❤wow bayyee gaarii dha nuuf jiraadhuu ♥️ umurii dheeraa 1K

ChaltuJabessa
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1A consumer has birr 600 to spend on two commodities x  and y respectively. the first of which cost Birr 20 per unit and the second birr 30 per unit. suppose that the utility derived by the consumer from x units of the second commodity is given as u(x. y)=10x0.6 y 0.4 determine the following? A construct budget equation (2point ) B How many units of each commodity (the value of x and y )should the consumer buy to maximize utility? (2point ) C find total utility (1point ) D show the consumer equilibrium conditions graphically (2point )

DameMeskii
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firaa koo nice nuf jabbadhuu si wallin jiraa

temesgenlikisa
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Please yoo si rakkisuudhaa baanne economics chapter 4fi6 nuu gadhisi turtii torbee tokkoo keessatti miiddiin kana keessaa waan nu dhufuufidhayyuuti please

tulikkaabayyanaa
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Thanks alot idon't know how to thank you

salimabdulemid
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Galtoomii bro kiyya jabaadhuu itii nu fufii sii fana jiraa nutiis

AbrahimAhmadu-sscd
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❤❤ jabbadhu isin faana jiraa course hundumaa nuf hójadhu

kvysqvc
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Kel tube guddaa galatoomaa jechaa calculation nuuf hojedhaa please

ShalamaTeshome
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Garu malin sii ha degaru lafati te waqayon sif hakafalu

henk-lnwarku
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Economics chapter 3 hin jiru moo laata niin dhabee bar

tajir
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Please chapter 3 economics nuuf hojjedhu miidii qoramuuf Jenna yeroo dhiyoottii please please

JiruMegersa
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መልሱን በአማርኛም ብትነግረን??ጥሩ ነው ግን ማብራሪያው አይሰማም በአማርኛም ብታረገው???

fantahundegeni
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Jabadhuu subject hunda nuuf hojjachuu please

saledinshamun
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galatomi wa hedduun sirra bare ka insistiraktarinu huu na hin galchin

nadhihashim
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Guddaa galatomii yoo sif danda'ame hanga dhumati gafii akasii nuf dablii maloo

alemayehuasmara
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Yaa bro kiyyaa Economics ch 4 hanga dhumaa nuf hojjadhu

naasirmahammad
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Yòo siif mijjate gaafiilee chapter 1f 2 deeply otùu itti nuuf dabaltee? Galatoomi

galmadhugaa
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Gaaffilee kanneen biroos nuuf hojjedhu, muca qaalii

jiranusmotuma-etyz