I have done my best on the question. I only really need help with the profit maximation tab. and an executive summary based on the analysis base on the charts. I believe Q6 is where I’m getting confuse.
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Question Miami University Economics 315 Fall 2022 Assignment #4 1. Anita’s utility function is U(x,y) = x4y6 where x=basketball games and y=punching bags. Which bundle does Anita prefer: 1 basketball game and 5 punching bags, or 2 basketball games and 2 punching bags? 2. (not true, obviously!) President Crawford is deciding whether to invest…
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