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The table below show the marginal utility, measured in utils, that Ricardo would get by purchasing various amounts of products A, B, C, and D.

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The table below show the marginal utility, measured in utils, that Ricardo would get by purchasing various amounts of products A, B, C, and D. Column 5 shows the marginal utility Ricardo gets from saving. Assume that the prices of A, B, C, and Dare, respectively, $18, $6, $4, and $24 and that Ricardo has a budget of $106. Quantity MU of Quantity MU of Quantity MU of Quantity MU of Number MU of of A A of B B of C of D D dollars dollars saved saved 72 24 15 36 1 5 54 15 W N P 12 30 2 4 AWNP 45 12 8 24 3 3 36 9 4 7 18 4 2 5 27 7 5 5 5 13 5 1 18 5 6 4 6 7 6 0.5 15 2 7 3.5 4 0.25 3 N CO 12 0.125 a. What quantities of A, B, C, and D will Ricardo purchase in maximizing his utility? How many dollars will Ricardo choose to save? b. Derive a demand curve for good A. Show work and explain steps/process. Consider the following firm, find the missing cost data Variable Average Average Average Fixed Total Output Fixed Variable Marginal Total Cost Cost Cost Cost Cost Cost Cost 0 100 0 100 1 190 2 270 3 340 400 470 550 640 750 880 1030

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