# Math and Statistics Homework Help

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There are 1,000 employees that work for the city. What is the probability that 500 or fewer employees stay in their jobs until retirement? Answer by stanbon(69107) (Show Source You can put this solution on your website!
Cheers, Stan H., question 995103: Jacob spends all his income on movie tickets (good 1) and magazines (good 2). His utility function can be represented by u(x1, x2) x1x2. His income is m 100.
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Compute this marginal utility for both utility functions given above. D. Now suppose the government levies a 25 tax on each movie ticket purchased. Derive Jacobs consumption bundle and illustrate it in the same graph that you drew in part a.