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Question: Resolve the cases of "Missile Crisis" and "Normandy Landings"
Find the probabilities of each strategy for each playerExamine what the opponent would respond if the probabilities change, greater or lesser than what was found in 1)Find the joint probability (of each cell or box)Find the expected value of each playerDiscuss the current trade war between China and the United States. Present journalistic articles with a time sequence, that is, analyze the response of one country to the action of the other. Like simultaneous games or sequential decisions.
Select a news article dated within Jan-Feb 2017 and analyze the issue using the economic concepts and theory learned in this class. Include at least one graph developed in our course.
Suppose an economy of two firms and two consumers. The two firms pollute. Firm 1 has a marginal savings function of MS1(e) = 5-e where e is the quantity of emissions from the firm.
There's already a solution online about Big Push from abroad and Birth and Family Planning Policy are there any other things that can be done?
The demand for video recorders are neither inferior nor inelastic and video recorder film is not a substitute for video recorders
Explain how a monopolistically competitive firm obtains its monopolistic status. A monopolistic firm is considering to decrease the price of its product.
Why do patient people have low discount rates and impatient people have high discount rates?
explain what could happen in the future with each of these trends below and come up with three3 more trends not listed
These multiple choice problems belong to Economics. The first problem is about identifying the costs that have been incurred and cannot be recovered and the second problem is about the demand curve for an individual firm in the short run would be.
Explain how and why Amazon can use the customer reviews to control this problem - This section on Amazon illustrates the case of adverse selection faced
suppose mpc is 0.8 initially. households then change their behavior so that the mpc falls to 0.75. what happens to
As noted in the syllabus, the reading for this module is Chapter 2 of Ehrenreich's book. You also need to view the video "30 Days -- Getting by on Minimum Wage" with Morgan Spurlock.
Explain, using supply and demand curves, how a low "buy price" (i.e. a price below market equilibrium) by government for a staple product, such as rice.
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