Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You are the host of a late night talk show. You have two comedy writers that write jokes for you, Kate and Pete. They write

image text in transcribed
You are the host of a late night talk show. You have two comedy writers that write jokes for you, Kate and Pete. They write two kinds ofjokes: jokes about politicians (Y) and jokes about popular culture (X). in one day Kate can write 32 political jokes or 32 popular culture jokes. Kate's opportunity cost for each popular culture joke is 1 political jokes. In one day Pete can write 36 political jokes or 12 popular culture jokes. Pete's opportunity cost for each popular culture joke is 3 political jokes. At the end of the day you want the most number ofjokes possible and you would like 1 political joke for every 1 popular culture joke. If Kate was your only comedy writer, and you required 1 political joke for every 1 popular culture joke, what is the most number of jokes they could write in one day? Q 23 political jokes and 23popular culture jokes 0 20 political jokes and 20 popular culture jokes 0 18 political jokes and 18 popular culture jokes 0 18 political jokes and 18 popular culturejokes M,\" . .1. >W,.....,._._. 1. MM .1 . .___. 0 None of the above

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Economics Of Inequality

Authors: Thomas Piketty, Arthur Goldhammer

1st Edition

0674504801, 9780674504806

More Books

Students also viewed these Economics questions

Question

Describe the problems in the administration of disciplinary action.

Answered: 1 week ago

Question

Explain discipline and disciplinary action.

Answered: 1 week ago