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Question: You and I have signed a contract. You hired an incompetent lawyer (but one who was officially certified to practice law) to negotiate your side of it. I engage in some action that triggers a contract provision that imposes a financial burden on you and benefits me. Had your lawyer been competent she would not have allowed that provision into the contract. Was I acting opportunistically under our definition? Is it economically efficient if the law allows you to avoid paying me (it usually does not) because you claim your lawyer was incompetent.
A college department must plan the course offerings for the next semester. The education plan requires that at least 20 core courses and 20 electives be offered.Regardless of core or elective, a total of at least 60 courses must be offered. Each core..
Give an example of a nonlinear system that has an equilibrium point for which the linearized system has a zero eigenvalue, but the nonlinear system has only one equilibrium point.
Veronica Martz has determined that demand for her Derby lunches is given by Q= 150-0.4P and a cost equation given by C= 80+5Q. Decide the optimal price and quantity for the firm. (Price should be calculated to nearest cent. Example: $ 5.43 must not b..
What is the equilibrium wage? Will this increase the number of people entering this labor market? Why or why not? Will this increase the number of people hired? Why or why not
RES 327- Analyze the issue/outcome and socio-economic considerations. Evaluate whether economic history is bound to repeat. You will want to generate hypotheses to account for observed similarities.
Suppose that you are hired as consultant to a firm producing a therapeutic drug protected by a patent that gives a firm a monopoly in two markets. The drug can be transported between the two markets at no cost. The demand schedule in the first mar..
What are the five physical strengths and five limitations of the end users with respect to performing the national retail inventory processing on a daily basis?
Often it makes a lot of sense to spend some money now so you can save more money in the future. Consider filtered water.
2. Explain the steps that two routers take to become fully adjacent neighbors in OSPF
Plot the demand schedule and draw the demand curve for the data given for Marijuana in the case above. On the basis of the analysis of the case above, what is your opinion about legalizing marijuana in Canada?
The nursing output consists of two specific types of output - How be would you draw the shape of such an isoquant curve?
Can you change attitudes toward binge drinking? A experiment designed to change attitudes about binge drinking is to be performed using college students as subjects. Discuss some variables that you might use if you were to use a block design for t..
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