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A law was passed requiring a minimum weight for fashion models. Using game theory 2X2 matrix, show how the law prevents a prisoner's dilemma and makes the models better off. Show what the game theory looks like without this law. Could you include pictures to help explain? or show the matrix?
Use Excel program to estimate of the state's demand for KBC microbrews in Ohio. Print (past) the computer regression output and provide an economic interpretation of the regression results.
You manage a US based company that makes shoe laces that you sell in a highly competitive marke
In article on the steel industry, The Wall Street Journal noted that as steel prices were falling, steelmakers were not cutting production
The US as well as Canada have intervened in the market and tried to internalize some of the costs of pollution by placing regulations on the amount of pollutants that industries can emit.
Suppose that the government increases taxes and government purchases by equal amounts. What happens to the interest rate and investment in response to this balanced-budget change? Does your answer depend on marginal propensity to consume.
Suppose that normal workers increase a rm's revenue by $6, while smart workers increase revenue by $A, where A > 6. Firms cannot tell smart workers from normal workers ex ante, but can observe a worker's educational level.
The company for Economic Cooperation and Development (OECD) provides some of the best data and statistics available for comparative international work.
The treasurer of a U.S. firm noted that although short run deposits in Swiss bank accounts had earned the company only a 3% annualized return when measured in Swiss francs, in dollars the company had realized a 12% rate of return.
Describe and explain the interest parity concept using formal methods Explain IS and LM curve behavior and nominal interest rate in the domestic economy,
A change in the real money supply can result from a change in nominal money supply through Federal Reserve policy.
Be sure you fully discuss the economic condition stated in this problem from a theoretical and practical viewpoint. Fully support your statement with references.
Utilize the information to predict the yearly number of VCR's sold under the following conditions.
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