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Using one of the payoff matrices shown in your book, show me the Pareto-optimal (collusion) solution and the Nash-Courant (non-collusion) solution. Use the numbers to show the Nash equilibrium.
What is the rate of return on an investment, if you pay 750 dollars for a bond 2 years after it is issued. And the bond pays you 65 dollars in the end of the year, for 8 years and 1000 dollars in the end of the eighth year.
how much would the original $20,000be worth in three years? What is the present value of the $25,000? Which option should Howard choose?
How much of each good does Alice buy as well as how much does she work.
Extend this comparison by choosing a different point on this period's PPF and discuss whether that combination leads to more or less growth over the next period.
An insurance agency sells auto and home insurance policies and has 1000 clients. The data below show the distribution of the clients. 300 clients purchase only auto insurance policies 500 clients purchase both, auto AND home insurance policies 200 cl..
If a firm uses only capital and labour, show why the cost minimising combination of inputs sets:
What are the main differences between microeconomics and macroeconomics? Provide an example of a microeconomic and macroeconomic phenomenon.
Popular movements like "buy/shop local" seem to contradict the principle of specialization according to comparative advantage. How does the theory of comparative advantage influence your opinion on these movements and why?
Analyze the reasons for and against the merger and assess the actual performance of the consolidated company against the pre-merger expectations.
1. you are a manager for a regional health system. using an estimate of the price elasticity of demand of -0.25 how
Strong economic (or business) regulations can cause which of the following? What is the investment trade off? Name and explain the ground work for good economic growth.
Why do you think the English Premier League has historically charged different prices for broadcasting rights in different European markets? If you were running the English Premier League what would your strategy be on broadcasting?
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