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What is Network Address Translation (NAT) and why would a company utilize it? Would it be more typical for a small, medium or large company to use NAT?
Identify any Nash equilibriums in this pricing game. Hint: It is considered good form to denote outcomes by the strategy combination that gets you there, not by the resulting payoffs. Could the two firms do better than the Nash equilibrium by collu..
A manufacturer of microwaves has discovered that male shoppers have little value for microwaves and attribute almost no extra value to an auto-defrost feature. Female shoppers generally value microwaves more than men and attribute greater value t..
Explain the effect of such a shock on the equilibrium of the DAD-DAS model - Suppose that at time t-1 inflation is zero and there were no shocks in the economy.
Explain why user cost, or scarcity rent, arises in the intertemporal allocation of a depletable resource such as minerals, and some types of energy and aquifer water resources.
You are told that 50 cents out of every dollar pumped into the economy goes toward consumption (as opposed to saving). Estimate the GDP impact of a positive change in government spending that equals $15 billion.
Suppose that the amount of labor available for the production of pianos and cars is now 60 hours. You are told that Melodia is currently producing on its PPF and Melodia is producing 3 cars. Calculate how many pianos Melodia is making.
Simultaneous changes in supply and demand affect equilibrium price and quantity in various ways, depending on the relative magnitudes of the changes in supply and demand. Equal increases in supply and demand, for example, leave equilibrium price u..
Elucidate the economic cost function for this business. What is the economic break even number of units for this operation.
Imagine that winemakers in the state of Washington petitioned the state government to tax wines imported from California. They argue that this tax would both raise tax revenue for the state government and raise employment in the Washington State wine..
1.) Stannards Capital Investment Corp invested $576,300 to buy a note that matures in 2 years for $725,000. Find (a) the simple interest rate and (b) the simple discount rate. 2.) A $10,000 T bill with 73 days till maturity is sold at a 5.48% simpl..
Draw a graph of the aggregate production function with capital, K, on the horizontal axis. Why does it have the shape that you have drawn?
In One-period general equilibrium model, what if the level of the public good is endogenous variable that is chosen by the government. We know consumer's preference and budget, firm's production function and the government is imposing a labour in..
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