abdessamadabouatmane

 Suppose the generic demand function of a hypothetical good is given by:

 Qd = 250 + 0.75Y- 0.35P + 0.25Py + 500, where Y is income, Py is price of the related good and P is price of the good .Y =1500. P=3, Py =2 then

 A. Find quantity of demand

 B. Calculate price elasticity of demand and interpret your result

 C. Calculate income elasticity of demand and identify the types of goods.

 D. Calculate cross price elasticity of demand and identify the nature of the good

Given the total utility function (Tu)=150x+40x²-x³,then drive marginal utility function and find the value of x at which total utility is maximum

An increase in the marginal propensity to import reduces the equilibrium income in an open economy while an increase in autonomous export increases equilibrium income. Explain

For Business Law

1. What is a monopoly? - (1-2 paragraphs)

2. What is an exclusive dealing contract? - (1 paragraph)

What is 1+1?