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Please interpret the below questions Problem 1

"Ill T- Mobile . pl -97 4: 5565% [a e – sgh. plyHomework I – Microeconomics !)Due November 13 , 2018Problem !For each of the following cases find and interpret :`marginal utilities of goods* , and* , – ( interpret )the marginal rate of substitution – ( interpret )optimal consumption bundle – ( display on a graph )`when the price of *, increases from }, = 1 to $, ‘ = 4 , Find , draw and interpret new optimalsolutions . Check if the KISS condition interpretation holds in cases where you have an interior*solution .The cases !a ) utility : U (^ ^ ^ ^ ) = 4x , + 3^ , ; budget :* * , *x, = 40 ; MU, = 4; MU, = 3b ) utility : U" (` ,` ) = 16x, 2 + 4X , ; budget :*, * x` = 40 ; MU , = 8x; 7; MU , = 4C ) utility : U (` ,* 2 ) = min ! 3x , ; 4x , } ; budget :* * , *x , = 40$ ) utility : U ( ^ ^ ^ ^ ) = 4x , ix, } ; budget :* * , + x 2 = 40 ; MU , = { }, TX, ]; MU, = x}Problem 2For each of the above cases compute and carefully and exactly draw on a graph- substitution effect ( display on a graph )- income effect and total change of demand ( display on a graph)- How can you classify the goods x 1 and * 2 based on the results you haveProblem }Draw Offer curves and Engel curves For all goods and cases from previous exercise . Interpret !

 

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Iken Berry Farms has $5 million in current assets, $3 million in current liabilities, and its initial inventory level is $1 million. The company plans to increase its inventory, funded by additional short-term debt (notes payable). Assume that the value of the remaining current assets will not change. The company’s bond covenants require a current ratio greater than or equal to 1.5. How much inventory can be purchased before the covenants are violated?

Iken Berry Farms has a current ratio of 1.67 (CA/CL = $5/$3 = 1.67). If notes payable are going to be raised to buy inventories, both the numeratorand the denominator of the ratio will increase….

 

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• Discuss IKEA’s liability for the defective meatballs if the company did not produce them.
• What about the liability of the suppliers?

This criterion is linked to a Learning Outcome

Discuss producers’ liability

What are the legal issues?

6.0 pts

Show understanding of product liability

5.0 pts

Discuss IKEA’s liability

What are the legal issues?

6.0 pts

Which codes or warranties, if any, are applicable?8.0 pts

Total Points: 25.0

 

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Im designing a program that lets the user enter the total rainfall for each of 12 months into an array. The program should calculate and display the total rainfall for the year, the average monthly rainfall, and the months with the highest and lowest amounts. 

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