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Question: Two agents are deciding to contribute to a public good. We have gi+xi=yi, where gi is an agent i's contribution to the public good and yi is his income. Suppose y1=20 and y2=10. Agent i's utility is Ui=ln(xi)+ln(g1+g2). Suppose agent 1 makes his contribution first, and then agent 2 makes his contribution. Find agent 1's contribution in the subgame perfect equilibrium.
Tanya operates a home business importing sweaters from Peru and sells them from her home. She collects $400,000 in revenue a year, and spends $200,000 on the sweaters and shipping costs, as well as $25,000 on advertising, accounting services and u..
1) We are not looking for a traditional biography of these economists, and we are not concerned about their place of birth, marriage(s), schooling, zodiacal symbols, favorite color or animal, except as that informs their work.
Suppose you could buy a three year bond for $2000 that had a face value of $1000 and paid a coupon rate of 10%. What rate of return would you earn if you bought this bond?
What impact do natural resources have on economic growth? Will it be possible for a country with few natural resources to grow rapidly? Why or why not.
We discuss the story of Dalton, Georgia, and its role as the carpet capital of the world. A similar story can be used to explain why some 60% of the motels.
Use the macro-economic equilibrium diagram to show that both government spending and tax cuts increase total expenditure. In the light of the latter discuss
Would this additional spending on advertising achieve the effect of deterring Maytag from entering? Should GE pursue this option?
suppose you are the main negotiator between your company and retailers carrying your companys line of dairy products.
What about the effect on the large national debt? Is bringing down the debt more important than stimulating the economy to reduce the unemployment rate?
assume that you have been appointed as the speaker of the house. you must deliver a speech about the current state of
How are the four major functions of management (planning,organising, leading and controlling) are related to the marketing operations, finance and human resource management departments?
Joe runs the Service Division for a car dealership. The overall dealership has profit of $10 million on sales of $100 million and costs of $90 million.
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