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What is the principal-agent problem? When will the principal agent problem be most severe? Why might there be a principal-agent problem between the stockholder owners and the managers of a large corporation?
Ilustrate what is the marginal product of capital and labor. Does the answer depend on how much labor and capital are used.
what is the output level does the marginal cost curve cross the average cost curve. Compute her accounting and economic profits.
Elucidate what would the seller's cost of capital have to be in order for the discount to be cost justified.
At what price of food in terms of manufactures would A and B respectively supply food? Would trade take place between A and B in David Ricardo’s world? How many manufactures could B supply?
What level of output should you produce in the short run?b. What price should you charge in the short run?
Illustrate what is the cooperative surplus. $100, the cost of litigating. What would be a reasonable settlement for Betty to pay What Arthur.
Elucidate causes lags in effect of monetary and fiscal policy on aggregate demand. what are the implications of these lags for the debate over active versus passive policy.
Find the level of output with the help of calculus, Qrmax, where total revenue reaches its maximum value.
Utilize this concept to construct an example in which a risk-averse individual prefers a gamble to a certain amount of money.
Who were the stakeholders primary also secondary most affected by Google's original decision to self-censor in China.
Under the factors that government spending is cut, and taxes increase. how would you argue it positively.
Illustrate what price and quantity will prevail if the monopolist is not regulated. What price-output combination would exist with efficient pricing.
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