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Q1. Discuss the approach of utility maximization considering consumer behavior. Do you know the examples that confirm this theoretical point of view? Emphasizing how knowledge of the theory an contribute to the better understanding of life situations people meet in their lives.
Q2. Discuss various type of price Discrimination. Provide examples and analyze what type of price Discrimination they represent in particular?
Find the Backward Induction solution of the game. How would the answer change if we reversed the roles of player 1 and 2 in the first two rounds of the game in c?
Illustrate what do economists call the percentage change in real GDP from year to the next. Under a business agreement 70/30 why should the 70% shareholder decision carry all day.
Illustrate what are some cultural considerations when managing a global project. How might legal and political implications influence global project selection.
Explain the effect of price ceiling also price floor with reference to the concept of price elasticity of demand.
What is the short-run equilibrium price. What is the short-run equilibrium market quantity.
What investment will you choose if your utility function were given by U(M) = M2 ? What is the certainty equivalent of the chosen investment?
q1. assume that a very competitive start-up enters the market in direct competition with the oligopoly you described in
Illustrate effect, if any, do you think fiscal policy had on the changes to these line item spending amounts.
Discuss this week's objectives with your team. Your discussion should include the topics you feel comfortable with, any topics you struggled with, and how the weekly topics relate to application in your field.
How would an economist respond to the opinions expressed in this documentary? What aspects of the current food system would an economist view as a positive development?
What should the government limit the number of auto and parts makers, the competition for would be limited. Please explain more on this subject.
Is the market for coffee perfectly competitive. Elucidate does the coffee market meet all six conditions of a perfectly competitive market.
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