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Q1. The following represents the potential outcomes of your first salary negotiation after graduation: Assuming this is a sequential move game with the employer moving first, indicate most likely outcome. Does the ability to move first give the employer an advantage? If so, how? As the employee, is there anything you could do to realize a higher payoff?
Q2. The market for widgets consists of two firms that produce identical products. Competition in the market is such that each of the firms independently produces a quantity of output, and these quantities are then sold in the market at a price that is determined by the total amount produced by the two firms. Firm 2 is known to have a cost advantage over firm 1. A recent study found that the (inverse) market demand curve face by the two firms is P=280-2(Q1+Q2), and costs are C1(Q1)=3Q1 and C2(Q2)=2Q2.
What is each firm's marginal revenue and what is each firm's reaction function?
The firm's vice president for manufacturing hires you to out illustrate what combination of inputs the plant should use to produce 20 units of output per period. What advice would you give.
Illustrate what role does comparative advantage play in trade among member nations
All costs of exhibiting movies are fixed except for the $3.50 royalty payment you must make to the film distributor for each ticket sold.
Illustrate what do the nominal interest rate also the real interest rate that Whitney can earn. Whitney puts money in a savings account at her bank earning.
If the company wishes to restore its sales to 10,000 pairs a month, illustrate what price should it charge every pair of socks.
Whenever you analyze your competitors, Illustrate what are the areas of greatest concern.
Illustrate what is the equilibrium price and quantity of hotel rooms on Manhattan Island.
Suppose that due to a political conflict inside the country, there is a risk the government will default in its debt.
Consider a couple's decision about how many children to have.Assume that over a lifetime a couple has 200000 hours of time either work or raise children.The wage is RM10 per hour.Raising a child takes 20000 hours of time.
Elucidate which following is true in market of a monopoly
What he didn't foresee was that number of T-shirt stores in South Padre would jump from roughly 10 to 40 within two years. Now he laments.
A concrete and building materials company is trying to bring the company funded portion of its employee retirement fund into compliance with HB-301.
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