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Phoebe is trying new diet. She gets 35 grams of fat a week to "spend" on her two favorite foods, French fries and Ice cream. A serving of French fries contains 3 grams of fat and a serving of Ice cream contains 2 gram of fat. Phoebe's MU ice cream is 25-I( where I is the number of serving of Ice cream she has consumed. Phoebe's MU French fries=30-4F( F= servings of fries she's consumed). To maximize her utility, how many servings of French fries and how many servings of ice cream should she consume?
The game is identical to that of Stackelberg except that in the first stage both firms can commit to their output. In which stage would the two firms commit to output? What is the SPNE equilibrium?
The world is constantly changing. How does the standard of living differ for the average American versus for the average person living in India?
At what level of L does the average product reach its maximum and does the total product curve have a region of increasing marginal returns?
Crew Brew produces a popular brand of beer in its mini-brewery located on a small river in Kentucky. Assume that capital can be purchased for $8 per unit, and labor costs $6 per unit. What is the optimal combination of inputs for the firm to employ..
The six key dimensions of strategic leadership, compare GM's CEO, Roger Smith with Southwest's Herb Kelleher and Colleen Barrett - Compare and contrast the leadership styles.Which do you prefer and why?
explain the viewpoints of classical and keynesian economists. how did the economy that existed at the time of these
Assume that a $100 at February 1, 2014 will worth $110 on January 31, 2015 and was $ 90 on January 31, 2013: Compute the interest rate for past and next year. Are they the same?
A real tension of interests between content owners and users
Recalculate the free trade equilibrium and the effects of a 0.5 speci?c tariff by Home. Relate the difference in results to the discussion of the small country case in the text.
Is the main outcome of economics (high standard of living) the only relevant question in the realm of economic analysis? Do you agree? Is quality of life also significant?
Explain several dimensions of the shareholder-principal conflict with manager-agents known as the principal-agent problem. To mitigate agency problems between senior executives and shareholders, should the compensation committee of the board devot..
coach bjourn toulouse led the big red herrings to several disappointing football seasons. only better recruiting will
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