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Computer science question don't use any AI I need solution very fast pls 1 . Consider a consumerof gooa ) Derive the ordinary demand functions,
Computer science question don't use any AI I need solution very fast pls
Consider a consumerof gooa Derive the ordinary demand functions, xdeg pP and yPPb Derive the consumer's indirect utility function, uP Pc Calculate the partial derivatives, u PuN and the ratio Verifythat this term in the ordinary demand function from part a Roys identityd Minimize the expenditure level necessary to achieve some arbitrary tility target uand solve the firstorder conditions for the compensated or Hicksian demandfunctions, xPPW and yPPue Calculate the value of lp and &x p and show that x and y are net substitutesExplain with the use ofa diagram how x andy can be net substitutes but not grosssubstitutesonsumer whose utility function and budget constraint are given byPayTepectively, where pP is the price of good xp is the price Derive the expenditure function, e P P ug Calculate the partial derivative, lelp,.Pup and verify that the resulting termis the compensated demand for good x Shepherds lemmah Invert the expenditure function to solve for pP I Verify that this is indirectutility uP P h Suppose PySl and the individual's income is $ If the price of good x falls from$ to S evaluate the individual's gain in terms of compensating variation.jAk Draw a graph that shows compensating variation, equivalent variation, and the changein consumer surplus What range of values can the change in consumer surplus take? An individual derives utility from consumption goods, X and leisure time, N to maximize thedaily utility level, u XN Outside income per day is Sm and the price of consumptionbour but working ofcourse takesay ftrom leisure vime which imnlies it eauses dislitvThe individual's utility maximization problem is constrained by two things: the budgetOuestiona Write a single equation for the budget constraint in terms of N X and m and interpret.b Derive the demands for goods and leisure X and N evaluate the individual's eain in termu of What is the effect of an increase in outside income m on labor supply? Show theeffect of a decrease inm say due to graduation on the individual's labor supply.OucstionThe following polynomial can be uscd to relate the zeropresure spocific hcat of dry air.Cpkkg K to temperaturs, KDucstion #DucstionGx T x RH x o x Apply Sccant method to determine the temperature that corrosponds to the spocific hcat ofLICp kJkg K asing the temperature range of T to K up to the tolerance ofIxiusing decimal placos.ASSIGNMENTE ComponeatAAlatine urront is describod by I e SinntL where t is in soconcs. AppNewton Ranhson method to deteming the value of t such that surting with thsirting witinitial valuc of time, t as I sec Solve till five iterations asing S decimal placesr falls fromA Plant Manaser supcrvises the production of throg tvpes of compongnitx Throe kind ofmatcrial metal, plastic, and rubbrare roquircd for prouction The amounts noodod toproduce cach componcnt areMetalcotupoentN Graph the labor supplyPlastic emcompoentIf tals of and kg of metal, plastic, and rubber, rospctively, areavailablccach day, Apply CiaussScidel method to evaluate how many componcnts can beprouced per day? Sohe for IerationstRubbercomponentLThe following systcm of cquations are indicating market oquilibrium condition for threecompeting mobile phone modcls of different manufacturersApply GaussJordan Method, whether there are prices p p and p that satisfics thecquilibrium condition for cach of the threc mobile phonc models.constraint, pXm wL and i the "time constraint", LN The budget constraintcan be written in terms of N X and m by suhbstituting for LNel
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