4. Jen from Thunder Bay consumes housing (H) and food (F). Her student stipend is $600/month. She has a utility function of U(H, F) = F'/3 H²/3¸ The initial price of food is pp = 1 and the price of housing is pí = 10. (a) Determine how much food and housing she consumes. (b) Suppose the government decides to subsidize her housing by 50%. This has the effect of lowering the price she actually pays for housing to $5. If the price of food is $1 and the price of housing is $5, calculate Jen's utility maximizing bundle of goods. (c) How much does the Government spend on this program (just on Jen)?

For distract driving

do it with pencil and paper

Imagine you are the mayor of a town and you are trying to decide if you should pay for a fireworks show. Your staff survey your 400 citizens who say that they each value a fireworks show at $10. The fireworks show only costs $3,000 so you put on the show but when you ask for donations to pay for the fireworks you only receive $25 total. What does this result show? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. You staff's survey must have overestimated the value of a fireworks show. b The fireworks cost must have been greater than their economic benefit. The firework show suffered from the Tragedy of the Commons problems d The town's citizens were free-riders.

Please answer question D

Trying to figure out?

Why do people share content via social media channels? They find it interesting and/or entertaining. They think it can be helpful to others. They want to get a laugh. A & B Only. All of these.

Answer this question

how about questions d and e?

Answer parts d and e