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Question: 1. Describe briefly what economists call a multitask agency problem, and relate your answer to the case of microfinance. Describe the main tasks taken on by loan officers and how they might conflict or be complementary.
2. Suggest two potential solutions to the multitasking problem for microlenders. Would the solutions be just as easy to implement in a small organization as in a larger organization?
assume that the cost data innbsp the top table of the next column are for a purely competitive producer lo3.total
BUS700 MACROECONOMICS: INDIVIDUAL ASSIGNMENT. Calculate the GDP for both countries. Discuss the usefulness of these data in deciding which, if any, of these two countries is likely to be experiencing an economic recession
A consumer's reservation price is the price at which a:
What can we say about the price elasticity of demand for nicotine products in the group of nicotine addicted users, versus the group of social smokers?
Explain what happens to price and quantity of milk when the following events occur (you do not need to analyze the event itself but rather determine the effect of the event on supply and demand of milk):
Why is the pricing of a Gillette safety razor a form of two-part tariff? Must Gillette be a monopoly producer of its blades as well as its razors? Suppose you were advising Gillette on how to determine the two parts of the tariff. What procedure w..
What might your peer be missing in his or her analysis? What might you be missing in your analysis after reading your peer's analysis?
From 1992 to 1997, the unemployment rate in the US declined from 7.5% to 4.9%, while at the same time it rose from 8% to over 12% in continental western Europe.
Compute total expenditure for each row in the table. Compute the price elasticities of demand between points A and B, B and C, C and D, and so on.
As the employer who wants to reduce the production cost during the economic recession, he or she could choose to (1) lay off some workers without changing wages or (2) keep all workers but cut wages for all.
question 1in some ways monitoring is easier in a partnership than a corporation where shareholders monitor directors.
Let the total energy of signal x(t) be denoted by Ex. Find the total energy of y(t) = Ax(at + b) in terms of Ex, where A, a, b are some constants and a does not = 0.
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