Exploring Economics
8th Edition
ISBN: 9781544336329
Author: Robert L. Sexton
Publisher: SAGE Publications, Inc
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Chapter 15, Problem 9P
To determine
(a)
To compute:
The Herfindahl-Hirschman Index (HHI) for the given situation.
To determine
(b)
To compute:
The Herfindahl-Hirschman Index (HHI) for the given situation.
To determine
(c)
To compute:
The Herfindahl-Hirschman Index (HHI) for the given situation.
To determine
(d)
To compute:
The Herfindahl-Hirschman Index (HHI) for the given situation.
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Problema 4 (20 puntos):
Supongamos que tenemos un ingreso de $120 y enfrentamos
los precios P₁ =6 y P₂ =4. Nuestra función de utilidad es:
U(x1, x2) = x0.4x0.6
a) Planteen el problema de optimización y obtengan las
condiciones de primer orden.
b) Encuentren el consumo óptimo de x1 y x2.
c) ¿Cómo cambiará nuestra elección óptima si el ingreso
aumenta a $180?
Please draw the graph for number 4 and 5, I appreciate it!!
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