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Consider a simultaneous move game between a union and a company. If both the parties bargain hard, each would gain nothing. If only one party bargains hard the accommodating party gets a profit of $1 million while the bargaining party gets a $5 million, while if they both accommodate, they each get $3 million. Could either party do better?
q1. assume the following model of expenditure sectorsp c i g nxc 420 45yd yd y - ta tr ta 16ytr0 100i0 160g0
the supply of paper is given by the following equationqs 5000p where qs is tons supplied per year and p is price ton.
What happens to the optimal coinsurance rate β (insurance demand), if we vary policyholder's level of risk aversion? What happens to the optimal coinsurance rate β (insurance demand), if we vary policyholder's wealth w? What happens to the optimal co..
Stan Moneymaker has the opportunity to purchase a certain U.S. Treasury bond that matures in eight years and has a face value of $10,000. The bond stipulates a fixed nominal interest rate of 8% per year but interest payments are paid quarterly. Stan ..
Suppose we have an agricultural valley 100km by 50km, with a polluting electricity power plant. The power plant causes pollution problems on a narrow strip of land downwind of the plant, and within this valley 10km in length and 500 m in width, but n..
In "Final Jeopardy" (pp. 234-242), Stephen Baker expresses an interesting look at the way technology, especially in terms of machines, could dramatically change the relationship between mankind and technology—not just helping us to locate information..
Consider that the current U.S. economic system is replaced with a system where everyone is paid exactly the same salary. Assume that each family would receive an equal share of GDP. Would you personally favor this system? Explain. What problems would..
Midwest Media Inc. is a broadcasting firm that owns and operates radio and television stations in the Midwest. The firm is currently considering the purchase of a proximate fast food chain that is experiencing financial difficulty. What recommendatio..
Use quotation marks for anything that is directly from the article. Include the exact URL that can be clicked to directly retrieve the article at the end of your paper for citation purposes.
Let's assume you've already completed the input optimization and found your company's cost function as follows: C(Y)=Y^2 + 3Y. Write down the firm's profit function. Suppose that P=$9. Find Y* and show that at this level of output, marginal revenue i..
Discuss the pros and cons of using social media such as Linkedin,Facebook,and online blogs as part of an integrated marketing communications stragey in the marketplace live simulation? Marketing
q1. difference between deflation and disinflation? what is bad about deflation? can you distinguish between anticipated
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