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Professor Jones has just been hired by the economics department at a major university. The president of the board of regents has stated that the university is com- mitted to providing top-quality education for under- graduates. Two months into the semester, Jones fails to show up for his classes.
It seems he is devoting all his time to research rather than to teaching. Jones argues that his research will bring prestige to the department and the university. Should he be allowed to continue exclusively with research? Discuss with reference to the principal-agent problem.
walt disney world theme parks offer visitors a wide variety of ticket options. the one thing these ticket options have
Discuss the implication of the learning theories for the use of instructional media
why cant all the balance of payments accounts be in surplus? what factors determine the demand for british pounds in
17. assume a certain firm in a competitive market is producing q 1000 units of output. at q 1000 the firms marginal
If prices fall in a perfectly competitive industry, the firms in that industry in the shortrun will:
Suppose that Martha's income is $40,000 per year. She can spend it on health care visits, which cost $80 per visit, or on groceries (standing for all other goods), which costs $100 per bag of groceries. Draw Martha's budget constraint. Using Indif..
Ronaldo plays soccer for a living in a famous European club (A.C. Milan). Although he enjoys playing soccer he does it for the money, and derives utility from his yearly income playing soccer. Assume Ronaldo faces a utility function of the form U= 10..
A newly constructed bridge costs $15,000,000. The same bridge is estimated to need renovation every 15 years at a cost of $3,000,000. Annual repairs and maintenance are estimated to be $1,000,000 per year. (a) If the interest rate is 5%, determine th..
Assume that the government imposes a $20 minimum wage. Find the new quantity of labor demanded and supplied.
exercise 1a long time ago in a galaxy far far away the long run yearly demand and supply of moisture were qd 28 - p5
A consumer consumption set
How do the changes in monetary and fiscal policy instruments affect you personally or work wise - How do think such change impacts income and expenditure pattern?
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