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1. Construct indifference curves to illustrate all of the following unusual situations
b) The consumer has a preference for a particular ratio of goods (think of this as the"status quo") so that the indifference curve reflects both the need to be compensated for moving away from the preferred ratio and the normal tradeoff between goods.c) The consumer is addicted to both goods. In other words, the more the consumer has,the more willing she is to give up other goods in exchange for another unit of the good.
d) The good is perfectly divisible, but a consumer values full additional units of the good, but places no additional value for fractional units (e.g. an additional half unit).
2. (Nonstandard dice). The choice set X consists of all possible (fair) dice with a number between 1 and 6 attached to each face. An example of such a die would be x = (2, 2, 4, 5, 6, 6).An agent weakly prefers die x to die y if and only if the probability that x wins over y in a single roll of the dice is at least as large as the probability that y wins over x. Is this preference relation complete and transitive?
Will your presence in this country be helpful in your attempts to invest in other developing countries?
In the year that just ended, Callaway Lighting had sales of $5,470,000 and incurred cost of goods sold equal to $4,460,000. The firm's operating expenses were $128,000 and its increase in retained earnings was $42,000 for the year.
What is an ideal size for a corporate board of directors and what is the ideal size for a corporate board of directors? 7 members or 15 members?
Rader Tire has the following results for the last six periods. Calculate and compare the betas using each index.
Belinda will win for the reason that the contract did not contain an express provision prohibiting assignment or delegation of contractual rights as well as duties
the problem the case of the good friends ltbrgtposition the ceo of g-biosport south division ltbrgtthe ceo of your
Explain why didn't the "contract order" signed by the parties constitute a binding contract for the sale of goods?
1. Identify and list ways to increase & enhance your value and leverage with an employer. 2. Identify, evaluate and list the challenges of negotiating in the workplace.
Please illustrate how you calculate the beta of the entire portfolio. Without adding new assets, how would you adjust the portfolio to make it more aggressive? Less aggressive?
Explain what opportunities present themselves to you if this integration takes place? Explain what threats will you face if this occurs?
Alfredo promises to rebuild the engine in Ernesto's truck in exchange for Ernesto's negotiation to him of a promissory note in the amount of $5,000. If Alfredo never rebuilds the engine:
the ceo of a large company has retained you as a management consultant to look into an area of concern that she has.
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