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Q. A consumer who conforms to the Von Neumann Morgenstern axioms is faced with four situations A, B, C, D. He prefers A to B, B to C and C to D. Suppose the consumer is indifferent between B and a lottery ticket with probabilities of 0.4 and 0.6 for A and D respectively and that he is indifferent between C and a lottery ticket with probabilities 0.2 and 0.8 for B and D respectively. Construct a set of von Neumann - Morgenstern utility numbers for the four situations.
Aside from retail sales and marketing, identify and discuss two ways that a business could reduce costs or increase profits by using the Internet or Web applications.
What is an individual depositor'spayoff when he withdraws at t = 2 as a function of the number of remaining depositors who withdrew at t = 1?
Elucidate with an aid of a diagram , the effect on prices and output if households decide to spend a large share of their income.
What will happen in the international market for gold if news of war causes buyers and sellers to expect high gold prices in the future? Provide a brief narrative explanation.
Discuss the policies that Keynes as well as Hayek supported regarding how federal government ought to manage economy. What are differences between each school of thought.
Dividends paid last year were $.70. Flotation costs on issuing stock will be 10 percent of market price. Dividends and earnings per share are projected to have an annual growth rate of 15 percent. Illustrate what is cost of internal common equity ..
Where does this short-run aggregate supply curve intersect the long-run aggregate supply curve that you drew? Just need an explanation of what it woudl look like?
Plot residual by time and explain residual plot where you find any problem. Do we violate any 7 assumptions of OLS. If so, what are consequences.
An Onyx Corporation design also manufactures a broad range of fluid handling also industrial products.
If the price of apples rises and the quantity of apples exchanged decreases, then we know that there cannot have been a: decrease in supply with no change in demand.
If a country is currently producing 11 units of health care and 16 units of education, what is the opportunity cost of producing 5 more units of education?
Explain how did the early classical economists view the relation between productions also consumption.
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