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What is the main difference between a regular project contract and an energy performance contract?
Define “Guaranteed Savings” contract type explaining the tasks of Customer and ESCO.
Create your own games. You will need to set it up one normal form for a one-shot simaltaneous game and one shot sequential move game. These should be seperate games - not the same parameters for both. What is each players dominent strategy? What is t..
Using the IS-LM diagram, show the effects on output and the interest rate of a decrease in government spending. Can you tell whay happens to investment? Why? Derive the IS relation. If a firm is considering using its own funds (rather than borrowing)..
In the aftermath of 'The Great Recession', how would you describe the economic growth scenario for the U.S. economy? Explain your answer. Is economic growth impacted by prevailing employment/unemployment levels in the economy? Explain. Why is economi..
Some firms with monopoly power are more focused on market share, size and influence in the economy. This is particularly true if there is a tendency for ownership (stockholders) and control (managers) to be separated. These firms sometimes are willin..
It has been said that "Prices are like giant neon billboards that flash important information." What types of information do market prices provide?
Consider an art auction with two bidders in which the auction procedure is that described in the text. Suppose that the auctioneer raises bids by multiples of one thousand dollars starting at the buyer's reservation price of $2,000 and stopping when ..
In the specific-factors model, an increase in the price of the manufactured good will cause:
Experience does not necessarily have to be work experience. Discuss market equilibrating process in relation to your experience. One of early economic "laws" was called Say's Law which stated that supply creates its own demand.
Derive the IS relation. Solve the equilibrium for real output. Solve the equilibrium interest rate. Now suppose that the money supply increases to M/P = 1840. Solve for Y, i, c and T, and describe in words the effects of an expansionary monetary poli..
q1. a consumer must pay 10 per visit to an amusement park for the first five visits but only 5 per visit beyond five
More than 85% of McDonald's restaurants around the world are owned by independent franchisees.
Suppose that there are 10 million unemployed workers in a country and 90 million employed workers. Suppose we know that the fraction of workers who lose their jobs in a given month is .02 and the probability that unemployed workers find work in a giv..
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