An equation that represents a utility-maximizing pattern of consumption of two goods, A and B, is ______________________.

Part A . Consider an economy with the following features. • There are 100 identical consumers that derive utility from consuming three different goods: software, computers, and good m. • Each consumer decision utility function is given by U (c, 8) = 4c¹/48¹/4+m, where e denotes the amount of computers that she consumes, s denotes the amount of software that she consumes, and m denotes the amount of good m that she consumes. cand s must be non-negative, but m can take any real value. • Computers are produced by 20 identical competitive firms with a total cost function given by 10c². • Software is produced by 40 identical competitive firms with a total cost function given by 20s². . QUESTION 1: What are the equilibrium prices for software and comput- ers in equilibrium? Part B • Suppose that there is a positive technology shock in the software industry so that that the new cost function of the software firms becomes 10s². Let C and S denote, respectively, the aggregate level of…

Consumer demand for Caramel Iced Mochas (a kind of drink) at a coffee shop is given by  p=7−.25x dollars per drink, where x items are drinks are sold every day. Total consumer spending S is the product of the price per drink and the number of drinks sold. Which of the following is a formula for total consumer spending?