A client complains of fever, perineal pain, urinary urgency,…

Questions

Infоrmаtiоn fоr questions 6-11 There аre only two goods, good X, аnd good Y, whose quantities are represented on the figure below as the x-axis and y-axis, respectively. Grid spacing: both the horizontal grid spacing and the vertical grid spacing are 50 units, of good X and good Y, respectively. The figure shows some of Charles’s indifference curves in those two goods. Also shown are several straight lines that you can use as budget constraints, as needed. It’s for you to decide which line or lines to use as budget constraints, given the information in this question group, and the need of each question. Except where noted, only the exact answers are accepted, so make sure to double- and triple-check your reasoning and calculations. To get exact answers, assume: (1) The tangency points between indifference curves and the straight lines (the black dots) lie exactly at grid intersections. For example, the lowest tangency point shown lies exactly at Qx=400, Qy=50. (2) If a line seems to cross a grid point, assume that it does so exactly. For example, the highest indifference curve shown crosses the consumption point Qx=450, Qy=700, exactly. Enter 0, if the answer cannot be obtained with the information given. Suppose that Charles’s income is I=1000, and the price of both goods is $2. How much of good X will Charles buy?

Infоrmаtiоn fоr questions 26-32 Bubbа аnd Gump are two firms that catch and sell shrimp. Their marginal cost is (a constant) $120 per ton of shrimp. Their fixed cost is 0. The inverse demand for shrimp is P = 500 - 2 Q. Here, Q is the total quantity of shrimp, and so it may also be written as Q = QB + QG, where QB is quantity of shrimp supplied by Bubba, and QG is quantity supplied by Gump. Only exact answers are accepted, please make sure of your reasoning and your work before submitting your answer. Suppose Bubba and Gump form a cartel. That is, they collude to charge a single price in the market, and divide production and profits in half. What will be the total quantity Q = QB + QG sold in this market?