Suppose that a consumer had a utility function given by: U=X²Y4. This consumer has a budget of $12. Fill in the value of this consumer's demand function. X = *(1/Px). (For instance, if X = 4/Px, then X = 4 * (1/Px) and enter 4)

Ethanol is again viewed as one part of a solution to the problem of shortages of petroleum products. Ethanol is made from a blend of gasoline and alcohol derived from corn or sugarcane. This program can be expected to Show Transcribed Text 3. Exercise 10.4 the price of sugarcane. Ethanol is again viewed as one pa alcohol derived from corn or suga This program can be expected to J not change C increase n to the problem of shortages of petroleum products. decrease the price of sugarcane.

Suppose price elasticity of demand is greater than 1. Which of the following example is correct? (a) If I increase price of oranges by 1%, sales of oranges increase by more than 1%. (b) If I increase price of oranges by 1%, sales of oranges decline by less than 1%. (c) If I increase price of oranges by 1%, sales of oranges increase by less than 1%. (d) If I increase price of oranges by 1%, sales of oranges decline by more than 1%. Consider the following table: Table 2.7 Market Size and Average Winning Percentage in the National Basketball Association: 2004-05 to 2015-16 Variable Market size Coefficient -0.0021 t-Statistic -0.67 (a) Market size impacts average winning percentage negatively and it is statistically sig nificant. (b) Market size impacts average winning percentage negatively but it is statistically in- significant. (c) Average winning percentage is positively correlated with market size and statistically significant. (d) Market size impacts average winning percentage…

what is the best way to enter global market (international market)? no assignmet or essy just a paragraph to understand and get some ideas about the concept  thank you