Question
The utility function of X is such that X likes to
consume 2 units of lemon with every 1 liter of water. The price of lemon is Rs.1.00 and that of 1 liter of water is Rs.18. What is the maximum utility of X given that her income is Rs.200Solution
U (W, L) = min (2w, L) At Utility maximizing Level 2W = L = U P(lemon) = 1 P(water) = 18 BL: 1(L) + 18(W) = 200 2W + 18W = 200 W = 10 Therefore, L = 2(10) = 20 U = min {2W, L} = 20
Which device connects LAN to Internet :
IPv4 is a ......................bits long logical address of each node on an IP network?
What is the primary significance of a MAC address on a NIC (Network Interface Card)?
Which of the following is used to convert digital signals to analog signals?
Which of the following is not type of internet connection?
Which of the following is the largest storage?
What is the role of a CDN (Content Delivery Network) in web development?
Which of the following is not a network topology?
The initial stages of the Internet's development were associated with which project?
Which of the following is the primary function of a router?
