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Anne acted as Jingo's agent for maintaining Jingo's rare coin collection, including the sale and purchase of rare coins for many years. Anne developed a drug habit in the recent past. She then sold some of Jingo's coins and kept some of the money for herself to buy drugs. Soon thereafter, Anne was declared bankrupt. The state then notified Anne that she had sold the maximum allowable value of coins in a year without getting a rare coin dealer's license. Shortly thereafter, Jingo died, which no one knew about until many weeks later. Discuss the effect of these events on the existence of the agency.
assume the following list of national income figures for a given year. all figures are in billions of dollars.wages
Find the marginal rate of substitution for both individuals and is the initial allocation pareto efficient
a company had 74 employees whose salaries are summarized in the frequency distribution below. find the standard
Three students consider the option of forming a lawn care and landscaping business during their summer vacation. They estimate the following costs: Insurance $2,600; Equipment Rental Fees $1,000; Fuel and Supplies $4 per lawn serviced and Miscellaneo..
select a global company of your choice in the service industry. describe the main line of business of the company and
The problem belongs to Economics, mainly to Micro-economics and it converse about a firm operating monopolistically in a competitive market ends up with super-normal profit with advertisement.
Thirty years ago, the market for chicken was perfectly competitive. Then, Frank Perdue started marketing chicken under his own name.
What is a Nash equilibrium? Give a definition in words and Find all Nash equilibria in the game.
tickets to the nfls games the super bowl are sold by the league at a below-market-clearing price. this policy produces
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How is the equilibrium price determined? What happens if the price is above the equilibrium price? What happens if the price is below the equilibrium price?
the world of videos operates a retail store that rents movie videos. for each of the last 10 years world of videos has
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