PROBLEM 1 Max has the utility function U(x‚ y) = x(y + 1). The price of x is $2 and the price of y is $1. Income is $10. How much x does Max demand? How much y? If his income doubles and prices stay unchanged‚ will Max’s demand for both goods double? To set his MRS equal to the price ratio‚ Max sets (y+1)/x = 2. His budget constraint is 2x + y = 10. Solve these two equations to find that x=11/4 and y=9/2. If his income doubles and prices stay unchanged‚ his demand for both goods does not double
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33 Functions of Commercial Banks 33.1 Introduction You have studied in the earlier lesson about different types of banks and their nature. It may be of interest to you now to know about the various services/functions performed by commercial banks. In this lesson‚ you will study about the various services provided by commercial banks to the business community in particular and the public in general. 33.2 Objectives After studying this lesson‚ you will be able to describe the various functions
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1. Animals with radial symmetry function differently than animals with bilateral symmetry. Unlike animals with bilateral symmetry‚ these organisms use their appendages‚ usually tentacles‚ to bring in food to its mouth‚ which is located at its center. Also‚ animals with radial symmetry have less complicated systems than animals with bilateral symmetry. The radial symmetry body plan involves appendages radiating out from the center of the organism‚ this means that most systems are not included in these
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Lesson 08.11 Exponential and Logarithmic Functions Activity Materials: Bowl 100 dimes Laptop Geogebra Microsoft word Pencil Paper Procedure: Count the total number of pieces of candy‚ coins‚ or whatever object you have chosen and record this number in the chart shown below. Total Number of Objects Spill this object on the flat surface and count the number of objects which land face up and the number of objects which land face down. Record each number in the chart above in the row
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33.3 Functions of Commercial Banks The functions of a commercial banks are divided into two categories: i) Primary functions‚ and ii) Secondary functions including agency functions. i) Primary functions: The primary functions of a commercial bank include: a) accepting deposits; and b) granting loans and advances; a) Accepting deposits The most important activity of a commercial bank is to mobilise deposits from the public. People who have surplus income and savings find it convenient to
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Functions of Speech Acts in a Dialogue Introduction The dialogue analyzed in this paper is about two foreign students who have lunch in a restaurant. They sit next to each other at a counter and wait to be served. They do not know each other‚ but because the wait is too long they get bored. So‚ the older student‚ Maria‚ who is 19-year-old and comes from Venezuela‚ turns over the person sitting next to her and starts a conversation with a younger 18-year-old student‚ Ali‚ who comes from Saudi Arabia
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Plant Structure and Function Plant Body The unique organization of tissues in flowering plants is part of the reason why they are the dominant group of the plant kingdom. Monocots and Dicots Meristems Meristems – region of undifferentiated cells that can divide rapidly. Apical meristems – shoots and tip of roots (primary growth) Lateral meristems – thickening of the cambium (secondary growth) Plant Tissues Plant Tissues Xylem – conducts water and mineral ions; fluids can
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The Role and Function of Law Name Law/421 Date The Role and Function of Law The role and function of law is to keep our systems of laws running smoothly and seamlessly otherwise our system will involved in a never ending vicious circle to which no solution is ever found. The role and function of law allows for the legal and lay person to have guidelines to follow and also disagree with those guidelines in an orderly and ethical manner. The case cited on our
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Research Paper Following Simmel’s work on conflict‚ Lewis Coser focused on the functions of conflict through a functionalist perspective. He concluded that conflict was inclined to be dysfunctional only for social structures in which there was insufficient toleration or institutionalization of conflict. Highly intense conflicts that threatened to "tear apart" society tend to arose only in rigid social structures. Thus‚ what threatened social structures was not conflict as such‚ but rather the rigid
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Policing Functions ReshaHarris Criminal Justice 394 August‚ 22‚ 2012 Warren‚ Wyatt Policing Functions The functions of police work are highly complex and filled with numerous unpredictable challenges. Officers must place his or her safety and their lives at risk every day in the interests of maintaining order‚ protecting the public and apprehending law-breakers. The result is an occupation filled with stressors‚ pressures and dangers. American law enforcement remains a sector composed
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