If a consumer has a utility function u(x1,x2)=x1x2^4, what fraction of his income will he spend on good 2?

### Recently Asked Questions

- Find a polynomial function f ( n ) such that f (1), f (2), , f (8) is the following sequence. 3, 3, 4, 6, 9, 13, 18, 24 f ( n ) =

- If a firm has retained earnings of $3.6 million, a common shares account of $5.6 million, and additional paid-in capital of $11.2 million, how would these

- Is heat given off or absorbed when freezing occurs?