![]() |
![]() |
![]() |
|
|
|||||||
| Math and Physics Discuss the complex nature of mathmatics and physics relating to electronic circuitry. |
|
|
Thread Tools | Display Modes |
|
|
(permalink) |
|
Mr. A derives utility from martinis in proportion to the number he drinks,
U(M)=M Mr. A is very particular about his martinis, however: he only enjoys them made in the exact proportion of 2 parts gin to one part vermouth. Hence we can rewrite Mr.A's utility function as: U(M)=U(G,V)=Min(G/2,V) where "Min" means that the utility is given by the minimum value of the two variable parentheses. Graph Mr.A's indifference curve in terms if G and V for various levels of utility. Show that regardless of the prices of the two ingredients, Mr. A will never alter the way he mixes martinis. |
|
|
|
|
|
|
(permalink) |
|
for min,
(2G,V) or (G,V/2)
__________________
************************************************** ***************** |
|
|
|
|
| Bookmarks |
| Thread Tools | |
| Display Modes | |
|
|
|
|
||||
| Thread | Thread Starter | Forum | Replies | Latest |
| Line Detection Robot using PIC16F877 | helmyshahryl | Micro Controllers | 0 | 28th August 2007 01:53 AM |
| Binary division Kenyan algorithm 18F family | atferrari | Micro Controllers | 6 | 3rd May 2007 08:26 PM |
| Discharging Mathematical Function of Rechargable Battery | odense | Robotics Chat | 4 | 19th April 2006 06:32 PM |
| analog function generator theory schematic | walters | General Electronics Chat | 13 | 16th December 2005 04:28 PM |
| Function Generator output driver | evandude | General Electronics Chat | 6 | 31st January 2005 07:49 PM |