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Meeting Milestones
A convenience store manager earns a base salary plus small bonuses for each of ten different possible monthly milestones he meets. Typical managers can meet half of these milestones. Do they miss the others by a little or a lot?
1- Prove that the estimated regression coefficients for a linear regression with an intercept term are identical to those obtained for the same linear regression equation without an intercept term, but for which all variables are replaced by ..
Choose an Oligopoly and describe the industry and explain the general pattern of change of the particular market model and hypothesize the basic short-run and long-run behaviors of the model in the industry you have chosen in a "market economy."
Danny “Dimes” Donahue is a neighborhood’s 9-year old entrepreneur. His most recent venture is selling homemade brownies that he bakes himself. At a price of $1.75 each, he sells 250. At a price of $1.25 each, he sells 300.
Draw a graph of the market for chewing gum. What are the equilibrium price and quantity? Mark the equilibrium price and quantity in the graph.
suppose the consumption function isc 400 billion 0.8y and the government wants to stimulate the economy. by how much
there are many reasons for corporations to diversify economies of scale scope financial synergies capital market
What are the optimal tax rates that the government should impose on each good?
Show that every asymmetric scheduling instance is equivalent to an atomic selfish routing game. Your reduction should make use only of the cost functions of the original scheduling instance, plus possibly the all-zero cost function.
Assume that the government imposes a lump-sum tax on a monopoly, what will happen to the output and market price?
Assume D represents the level of decentralization of corporate decision-making. The benefits of decentralization, denoted B, = 3D and the costs of decentralization, denoted, C = 2D + 2D2. What is the optimal level of decentralization (D)? Expl..
Several years ago, American Economic Review published a paper in which the author claimed giving gifts at Christmas was "inefficient." Instead of giving gifts, which the receiver might not want, it would be better to give money so that the recipie..
Proponents of government spending claim that it provides public goods that markets generally do not, such as military defense, enforcement of contracts, and police services. Standard economic theory holds that individuals have little incentive to ..
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