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Question: Given the following primal problem:
min R = b'y + y' Ey/2
subject to A'y ≥ c, y ≥ 0
where E is a symmetric positive semidefinite matrix, derive the dual problem (using the vector variable x as a vector of dual variables).
Suppose that the demand curve (hundreds) for apples is given by Qd = 140 - 5P, where Qd is the number of pounds demanded per year and p is the price per pound. The supply of apples can be described by Qs = 40 + 3P, where Qs is the number of pounds..
Was company's strategy appropriate? Was the organization structure appropriate? What is the internationalization influence in the company's performance?
Businesses are the: Sellers in the factor market and buyers in the goods market. Buyers in the factor market and sellers in the goods market.
Presume the U.S. government’s tax policies on employer health coverage were to be changed. In particular, presume health premiums paid through the employer were no longer tax exempt. In its place, the government provides a 25 percent subsidy for all ..
You are hired by the Chair of the Federal Reserve to manage the trading desk at the New York Fed and the Chair tells you that he wants you to increase the money supply (M1) by 33.33 percent. They warn you to be careful because in these uncertain time..
explain several dimensions of the shareholder-principal conflict with manageragents known as the principal-agent
Compare the use of open market operations, loans to financial institutions, and changes in reserve requirements to control the money supply on the basis of the following criteria: flexibility, reversibility, effectiveness, and speed of implementat..
Total unemployment is 5%. Frictional unemployment is 2.3% and the economy is at full employment. What is cyclical unemployment? Round to 1 decimal place and no percent sign needed.
The Florida Game and Fish Commission desires to compare the amounts of residue from three chemicals found in the brain tissue of brown pelicans. Independent random samples of ten pelicans each yielded the accompanying results . Is there evidence ..
Define the types of price discrimination and explain why 1st degree discrimination is very difficult to practice. Provide 1 example where a form of 1st degree discrimination is practiced - Your marginal cost is constant at $75 across most of your p..
McFadden’s chief engineer recommends that the firm hire 400 hours of skilled labor and 100 hours of unskilled labor. Is this the optimal combination? If the McFadden Company decides to spend a total of $5000 on skilled and unskilled labor, how many h..
Describe how each of the factors contributes to financial innovation: advances in technology, changes in regulation, increased competition, increased price volatility.
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