Katherine has an estimated Cobb-Douglas utility function of U = q1^0.25q2^0.75 for food, q1, and housing, q2. The price for food is arbitrarily set at $1 per unit and the average monthly rent near the University of Chicago , p2, is a dollar fifty per square foot. Caroline, like the average University of Chicago student spend $750 on food and housing per month.

     (a) Using calculus, solve for Katherine's optimal quantities of housing and food. Provide the marginal utility of income.

     (b) What is Katherine's utility at the optimal bundle?

     (c) Due to panic buying and logistical difficulties due to the coronavirus, suppose the per-unit price of food increases by 25% (p1= $1.25), what is Katherine's new utility facing this price increase?

     (d) How much money would Katherine need to completely offset the harm from the price increase?

     (e) How much money would one have to take from Katherine to harm her as much as the price increase?

what are two examples of events/variables that could shift the demand for labor, and why they could shift it.

Imagine you are a consultant who has been asked to summarize the strengths and weaknesses of Agoria, a nation with a pure market economy.

Which of the following would you include in your report as weaknesses of Agoria's economy? Check all that apply.

- Occupational choices can be restricted.

- Firms have no incentive to produce the so-called public goods, such as national defense, because private firms cannot prevent nonpayers from enjoying the benefits of public goods.

- People with no resources to sell could starve (income is distributed unequally).

- The economy experiences economic fluctuations, which are alternating periods of expansions and recessions in their level of economic activity, especially in employment and production.

Over the last 10 years, in Canada and the United States, corporate bond yields have fallen (relative to previous time periods) to very low levels and during the same period both countries have experienced low rates of economic growth. Give two reasons to explain why bond yields in Canada and the U.S. have fallen to low levels over the last 10 years. Note: No diagram is needed to answer this question, you can provide your answer in words.

Explain the impact of property taxes on urban sprawl in your own words, as discussed in Slack (2016

What is the difference between unconditional and conditional convergence in economics , and why is this difference important?

How did the Cold War establish the parameters for economic, social, and political life in the United States in the immediate postwar years from 1945 to 1960? (300 words)

Research of the intra-industry contents the trade volume, value, industries, trends, and compare with two other countries; the development of the intra-industry trade of Morocco.

With excellent analysis, identify the existing problems faced by the telecommunications industry. (relevant subject - business analytics)

Q1. Assume that American rice is sold for $100 per bushel, Japanese rice is sold 16,000 yen per bushel, and the nominal exchange rate is 80 yen per dollar. Assume that the nominal exchange rate remains unchanged.

Select one:

a. Buy a bushel of American rice and then sell it in Japan, making a profit of 80,000 yen.

b. Buy a bushel of American rice and then sell it in Japan, making a profit of 100 dollars.

c. Buy a bushel of Japanese rice and then sell it in the US, making a profit of 100 dollars.

d. The buy and sell process would continue until the price of American rice rise higher than the that of Japanese rise.

e. The buy and sell process would continue until no profit can be made

f. A and D

g.B and E

h. C and D

i. C and E

j. None of the above is correct

2. Which of the following would both make a country’s real exchange rate rise ?

Select one:

a. its budget deficit increases and bonds issued in the country become riskier

b. bonds issued in that country become riskier and it imposes an import quota

c. its budget deficit decreases and it imposes an import quota

d. a sudden capital flight

e. None of the above are correct.

3. In the open-economy macroeconomic model, the supply of loanable funds comes from

Select one:

a. the sum of domestic investment and net capital outflow.

b. private saving alone.

c. foreign borrowing alone.

d.Y-C-G.

e. None of the above are correct.

explain plz

write a research proposal topic on International Marketing .
Give examples of International Marketing ?
How do International mangers cope with or thrive under these such challenges ?
How do they deal with International Marketing B2B Marketing?
International Marketing can be conceived as a reactive and a political to the external social political changes or should it actively and positively deal with the dark side of its engagement?
how to deal with digital marketing across the markets ?

Define a linear programming model and its components. Discuss which 3 properties a planning problem needs to meet to be modeled as an LP?

Define the feasible set and its corner points. Explain how one can find the combinations of the decision variables corresponding to the corner points. How one can use the corner points to find the optimal solution?

Define special situations: unbounded feasible set, infeasibility, alternate solutions, redundant constraints. Discuss what do these situations imply for the manager's planning problem. When do you need to and how do you avoid this situation?