Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
AndrewKraus AndrewKraus
wrote...
Go to Answer
Posts: 1170
Rep: 0 0
6 years ago
Shirley has to choose between a two-day trip and a three-day trip to Hollywood. The table below shows the expected benefit and cost for the different days. Using optimization in levels and optimization in differences, determine what Shirley's optimum decision should be. Does the decision differ with the techniques used? Which technique is faster to implement?

Day   Cost   Benefit
1   $750   $800
2   $900   $1,000
3   $600   $800
Textbook 
Microeconomics

Microeconomics


Edition: 1st
Authors:
Read 960 times
16 Replies
Replies
Answer verified by a subject expert
losteinlostein
wrote...
#1
Top Poster
Posts: 583
Rep: 31 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
This verified answer contains over 130 words.
Only I can change my life. No one can do it for me.

Related Topics

AndrewKraus Author
wrote...
#2
6 years ago
Needed this for my economics assignment, thanks
wrote...
#3
4 years ago
Thank you!!!
wrote...
#4
4 years ago
Thank you!
wrote...
#5
4 years ago
Thank you!
wrote...
#6
4 years ago
Thank you
wrote...
#7
4 years ago
thanks ligma
wrote...
#8
4 years ago
thx
wrote...
#9
3 years ago
I will leave take once I see the response.
wrote...
#10
3 years ago
thx
wrote...
#11
3 years ago
thx
wrote...
#12
3 years ago
thank you
wrote...
#13
3 years ago
Thank u
  New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1228 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 4430
  
 308
  
 989
Your Opinion
How often do you eat-out per week?
Votes: 79
Previous poll results: Where do you get your textbooks?