Mike's Utility Function Is U(c, D, H)= 8c + 12d

question 9

Multiple Choice

Mike's utility function is U(c, d, h) = 8c + 12d - d² - 6h, where d is the number of hours per day that he spends driving around, h is the average number of hours per day spent driving around by other citizens of his town, and c is the amount of money he has to spend on other things than gasoline and auto repairs.There are 1,001 identical citizens in Mike's home town.Mike's expenses for gasoline and auto repairs amount to $.50 per hour for the time he spends driving.If Mike believes that his amount of driving won't affect the amount that others drive, how many hours per day will he choose to drive?

• A)4
• B)6
• C)8
• D)2
• E)1

Understand the application and implications of using restraints in patient care.

Evaluate the significance of patient education in preventing accidents and promoting safety.

Understand the role of health assessments in identifying risks related to safety and injury.

Utilize appropriate interventions for patients at risk of injury due to environmental, physical, or cognitive factors.

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Definitions:

Forests

Regions dominated by trees and other vegetation, playing a crucial role in carbon sequestration and biodiversity maintenance.

Twentieth Century

The era spanning from January 1, 1901, to December 31, 2000, marked by significant technological, social, and political changes.

Agricultural Technologies

Innovations and technologies developed to improve efficiency, productivity, and sustainability in agriculture.

Productivity Per Acre

The measure of output (such as crops) produced per acre of land.