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a. What is the Nash equilibrium of this pricing game?
b. Is there a better solution to this game? If so, what mechanisms would you advise General Electric or Westington to put in place to increase the likelihood that both parties agree to the better solution?
q.a new production technology for making vitamins is invented by a college professor who decides not to patent it. thus
The Federal Reserve has an obligation to keep prices stable while promoting full employment (a.k.a. the dual mandate). Watch the video and comment. To ensure originality of responses, you are welcome and encouraged to utilize outside sources to help ..
Consider a game of delegation. An uninformed principal must delegate some task to an informed agent with preferences imperfectly aligned. I'm aware of plenty of literature that studies these kinds of problems when there is a continuous action space, ..
Assume that the job separation rate s is 0.01 (1%) per month and that the job finding rate f is 0.2 (20%) per month. Assume that the labor force today (period t = 0) is 100 million. What is the steady state unemployment rate for this economy?
A monopsonist faces a labor supply curve given by LS = −300 + 0.01w , where w is the annual salary. What is the lowest salary the firm can pay yet still induce one worker to want to work for the firm? What is lowest salary the firm must pay to induce..
the government limits the amount of land that can be devoted to tobacco production. Are these two programs at odds with the goal of reducing cigarette consumption
Santiago is from Spain but lives in Texas. Ryan is from England but he lives in Arizona. A car dealer in Texas buys a new BMW from a BMW factory in Arizona for $51,567 and later sells the new BMW to the final buyer, who is Santiago for $75,120. Later..
Determine two leadership theories and two (2) leadership styles that support the definition of a public leader. Provide a rationale for your response.
Discuss the types of situations where you would expect to see non-constant variance in the data. Provide examples to support your response. Describe a specific instance where heteroscedasticity would be a problem and the remedial measures that could ..
In the short run, the average total cost curve slopes upward because of:
q.the warren amp smith company manufacturers commercial zippers of two kinds kind x and kind y. its production
q.a country that does not currently tax cigarettes is considering the introduction of a 0.40 per pack tax. the
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