Question: Answer four of the following, each question carries equal weigh

30 Apr Question: Answer four of the following, each question carries equal weigh

Posted at 19:57h in 2Past Paper by Exams

Answer four of the following, each question carries equal weight. In each case answer True, False or Uncertain and explain your answer. Limit each answer to one page. 1. (a) A consumer has a utility function that depends on only one good, X. Utility rises with x but at a decreasing rate. Based only on the information provided then U=ln(x) would be a valid representation of this consumer’s utility function. (b) Consider a person who begins day 0 with 1 euro. At the start of the next day her money is trebled and this continues for 2 weeks (14 days). After N days the amount of money she holds is given by the formula Money-3N and the amount of money after 14 days is over 4m. (c) Consider the system of equations 2x+2y 2 This system has a unique solution. (d) Suppose an individual’s health (H) depends on the amount they exercise (E) and their weight (W) and 0, this means that the benefit of exerciseis (e) Consider an individual who is offered €1000 ten years from now. The interest rate is 30% and interest is given by the relat the same for all people irrespective of their weight. 82h is compounded continuously. The present value of this offer is approximately 50

Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.

Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.

Do you need an answer to this or any other questions?

About Writedemy

We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.

How It Works

To make an Order you only need to click on “Order Now” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.

Are there Discounts?

All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.

Hire a tutor today CLICK HERE to make your first order

Print page