Pareto optimal condition, Marketing Management

1. In a perfectly competitive world of two individuals, A and B, and two goods, X and Y, if good X is a pure public good and good Y is a private good,

a. Derive the Pareto Optimal condition

b. Compare this condition with the Pareto Optimal condition where the two goods are all private goods

c. Discuss the four categories of goods with a few examples

2. In a perfectly competitive world of two individuals, A and B, two products, X and Y (all pure private goods), and two inputs, L and K, derive the following conditions via the Edgeworth Box Diagrams:

1877_Pareto Optimal condition.png

Posted Date: 2/18/2013 4:35:37 AM | Location : United States







Related Discussions:- Pareto optimal condition, Assignment Help, Ask Question on Pareto optimal condition, Get Answer, Expert's Help, Pareto optimal condition Discussions

Write discussion on Pareto optimal condition
Your posts are moderated
Related Questions
place/distribution is a crucial aspect of the marketing mix.discuss this marketing mix variables and how attention to its (place)is necessary despite the fact that it increases the

Utility of the product life cycle 1.       As forecasting tool: the study of product life cycle is an important tool for sales forecasting its study foretells that problems a

How is convenience of making comparisons affected in e-commerce? Convenience of making comparisons: E-commerce assists consumers to make comparisons during shopping. Aut

how i prpear my assainment

typesa of branding like producer''s name,picture-figure,name of product,colour

APPLICATION OF E COMMERCE IN VALUE CHAIN INTEGRATION


Break-Even Analysis   Break-even pricing (target profit pricing) is  tactic to setting up price to break- even on the cost of producing and marketing products or to make the ta

Uses of sales promotions: 1.       For facilitating introduction of new products, 2.       For retrieving lost accounts, 3.       For overcoming a unique competitive situ

how to make a project report in software development organisation?