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Q. If 2 specialized athletes take steroids, they each one earn a life span income (net of health costs) of $3 million. If the 2 athletes refrain from steroids, they each earn a life span income of $4 million. If 1 athlete takes steroids, but the other does not, the steroid user achieves a competitive advantage furthermore earns a life span income of $6 million moreover the non-steroid user earns $1 million.
a. For the two professional athletes construct the payoff table
b. Elucidate the dominant strategy for both athletes?
How far in advance is it worth proving out reserves? b: If the real discount rate were 10%/yr, what is the max time delay?
Illustrate what is the composite rate of return for the Honda Motor Corp. engineering group in the previous problem if the reinvestment rate.
What level of output should you produce in the short run?b. What price should you charge in the short run?
A major state university in the South recently raised tuition by 12%. An economics professor at this university asked his students, "Due to the increase in tuition, how many of you will transfer to another university.
The same size of word for data and instructions, what is the size of each data register. Elucidate what is the size of the instruction register of the computer in the fist question.
Congress cannot dictate how many workers industries hire at mandated wage. Given this fact, Illustrate what are effects of this law. Specifically, illustrate what happens to employment, output and total amount earned by workers.
Hospitals are engaged in intense competition to fill maternity beds. What type of advertising would hospitals most likely use to advertise their new amenities like hot tubs in every room, filet mignon or lobster on the menu, and afternoon teas for th..
q1. bmme5103 2 forgone entrepreneurial income to be 10000 a year. she used 500000 in savings that earned 5 percent
Marginal rate of substitution between leisure as well as labor as well as the marginal product of labor in the Robinson Crusoe model.
How would you evaluate monetary policy and fiscal policy today? Is monetary policy contradictory with fiscal policy? Why or Why not? Support your analysis with examples.
Given your results from above, what is the equation for the Chunzheng's long-run total cost curve as a function of quantity Q. How much does it cost to produce 27,000 units?
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.
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