Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

@ 100%). 10:04 PM ezto.mheducation.com + value: 25.00 points For Alejandro, conc

ID: 1149233 • Letter: #

Question

@ 100%). 10:04 PM ezto.mheducation.com + value: 25.00 points For Alejandro, concert tickets and film tickets are perfect complements-he does not enjoy additional concerts when he has attended more concerts than films or additional films when he has attended more films than concerts. He can spend $200 on tickets, and film tickets cost S8 per ticket. Concert tickets cost Pc each a. True or false? Alejandro is happier with 10 concerts and 10 films than with 10 concerts and 9 films b. True or false? Alejandro is happier with 10 concerts and 11 films than with 10 concerts and 10 films c. True or false? When Alejandro maximizes his utility, he will purchase an identical number of concert and film tickets. d. Suppose PC= $12. Alejandro purchases x number of film tickets and x number of concert tickets. How much does he spend in total? 20x 12x 200 e. Suppose PC $12. To maximize his utility, what number of concert tickets and film tickets will he purchase? Instructions: Enter your answer as a whole number tickets f. Suppose concert tickets cost Pc each. To maximize his utility, what number of concert tickets and film tickets will he purchase? Choose from the options below. A: 200 (8Pc) B: 25 C: 200 Pc D: 25(200 Pc) Formula C Formula A Formula D Formula B g. Suppose Qc denotes the number of concert tickets that Alejandro will purchase. What is the formula for Qc? Choose from the options below. A Qc= 8 + Pc B: Qc=200 ; Pc Formula C Formula D Formula B Formula A h. What is Alejandro's demand for concert tickets? Choose from the options below B: Qc=200/ Pc

Explanation / Answer

A false because both quantities should increase at same time to increase utility

B false same reason as above

C true because they are perfect compliments

D 200 the reason is maximum that he can spend is 200 as per question

Can answer only 4 parts according to chegg policy

Hire Me For All Your Tutoring Needs
Integrity-first tutoring: clear explanations, guidance, and feedback.
Drop an Email at
drjack9650@gmail.com
Chat Now And Get Quote