Mr. Cog has 18 hours per day to divide between labor and leisure. His utility function is U (C,R) = CR; where C is dollars per year spent on consumption and R is hours of leisure. If he has a nonlabor income of 40 dollars per day and a wage rate of 8 dollars per hour, he will choose a combination of labor and leisure that allows him to spend:
举一反三
- What’s the trading volume between China and UK? A: 1 billion dollars per day. B: 70 billion dollars per year. C: 17 billon dollars per year. D: 50 billion dollars per year
- Matt lives on popcorn and seafood salads. The price of popcorn is 1 dollar per bag and the price of seafood salads is 2 dollars each. Matt allows himself to spend no more than 13 dollars a day on food. He also restricts his consumption to 5,500 calories per day. There are 1,000 calories in a bag of popcorn and 500 calories in a seafood salad. If he spends his entire money budget each day and consumes no more calories than his calorie limit:
- 60 dollars per night per room, plus 15%____.
- Within the Bretton Woods system, the United States promised to exchange the dollars for gold at a fixed rate of ( ) dollars per ounce.
- The rate will be 90 dollars per night. 可以翻译成房费每晚是90美元。