Posts by swagata
Total # Posts: 6
HCHO TO CH3CHO HCHO->HCHOH->
convert HCHO to CH3CHO
In an economy, in a given year the production of capital goods increases by Rs.100, of which Rs.80 worth of goods can be sold in the mkt. In the same year there takes place a simultaneous decline in the import of Rs.30 worth of capital goods. Everything else remains unchanged...
Veena always consumes 3 times as much y as she consumes x. She will consume these goods in no other ratio. The price of x is three times the price of y. Veena has an endowment of 18 units of x & 78 units of y which she can trade at the ongoing prices. She has no other source ...
Consider a competitive exchange economy with two agents(1&2)and two goods(X&Y). Agent 1's endowment of (X,Y) is (100,100)& agent 2's endowment of (X,Y) is (50,0).An allocation of agent i is denoted by (xi,yi)where xi is his allocation of X & yi is his allocation of Y....
Aneeta spends all her pocket money on chocolates(x)and icecream(y). Her utility function is U(x,y)= min(4x,2x+y). Aneeta consumes 15 chocolates and 10 icecreams. The price of chocolates is Rs.10. Find out her pocket money.