Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Class Participation. Consider a course with 40 students, some of whom are confused after the professor explains a concept. The professor doesn t know whether students are confused but will clarify the concept if one student asks a question. A student who asks a question and reveals his or her confusion loses 10 utils. When the professor clarifies the concept in response to a question, each confused student gets a benefit of 2 utils.
a. At what level of confusion (measured by the number of confused students) is a question from a confused student socially efficient?
b. In the absence of participation incentives, will a confused student ask a question when it would be socially efficient to do so?
c. Design an incentive system to generate efficient questioning.
Provide some examples of Fed actions that could be harmful and of the damage that could be done. How can the Fed help the economy? Provide examples
The DeBeers company is a profit-maximizing monopolist that exercises monopoly power in the distribution of diamonds.
The EPA tests vehicles for gasoline mileage under stringent testing conditions. The testing for a particular make and model of mid-sized SUV involved 35 vehicles submitted by the manufacturer. Assume the vehicles submitted for testing constitute a..
When the price of ham is $7 per pound, John buys 3 fish per week. When the price of ham rises to $13 per pound, John buys 7 fish per week. Find the cross-price elasticity of demand for fish for John.
About 60 percent of the funds was directed at reducing the supply of drugs through domestic law enforcement and interdiction. Some critics of this approach argue that supply-side approaches to reduce the drug supply actually help drug producers.
Suppose a car wash firm that has 3 workers is able to wash 120 cars per day. When it adds one more worker, it is able to wash 152 cars per day in total. Suppose each car wash costs $15. Then the marginal revenue product for the 4th worker is
a competitive firm can sell all of its output for the market price of $5. its short run cost function is TC= 1000 + Q + 0.005Q2. this cost function has marginal cost given by MC= 1 + 0.01Q.
What makes this attempt problematic? Is it more productive or counterproductive to seek unity between religions by inventing a new religion? Make sure you use enough detail to support your answer
when does an auditor do analytical procedures?
In 1984, Walt Disney brought in Michael Eisner, a Paramount executive as CEO. The firm's board of directors agreed to pay Eisner a salary of $750,000 plus a $750,000 bonus for signing on, plus an annual bonus equal to 2 percent of ..
Of the 50 not working, 10 were full-time college students, 18 were retired, 5 were under 16 years of age, 7 had stopped looking for work because they believed there were no jobs for them, and 10 were actively looking for work.
in the keynesian cross, the consumption function is c=200+0.75(Y-T). planned investment is 100, govt purchase and tax are both 100. a)graph planned expenditure as a function of income. b)what's the equilibrium level of income.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd