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Five ice cream vendors take up positions along a beach of length one. You may take it as given that there is a Nash equilibrium with two vendors at some point x, one vendor at 1/2, and two vendors at point 1 x. Find x, and justify your answer.
Draw an arbitrary budget constraint for a person, assuming that he or she receives no government subsidies. Then draw in the budget constraint that arises from the above housing subsidy proposal.
Develop an online service for IT training that includes scheduled as well as self-paced courses. The training service will be initially web-based but the architecture must have the option that different front-ends like applets, web services, or ot..
Speculate about the behavior that could result from these transactions and propose at least two (2) strategies for dealing with them.
Capital stock at the end of the year of this economy to remain constant as the beginning of the year, how much investment is needed.
Illustrate what would be effect of policy described in part (c) on economy's stability over business cycle.
q.why cant all the balance of payments accounts be in surplus? what factors determine the demand for british pounds in
Discuss this week's objectives with your team. Include the topics you feel comfortable with, any topics you struggled with, and how the topics relate to your field.
Suppose that Iggi and Kurt begin trading ice cream and waffle cones with each other. Illustrate what can be said about the trade patterns between Iggi and Kurt.
What institutions are prerequisite for economic growth? What is the role of rule of law in economic development?
Can goals like avoiding unethical or illegal behavior be in conflict with the goal of the firm. Explain how does this complicate the agency problem.
What is the most you would be willing to pay for one of these licenses, if you know that you get to choose your level of output before the other licensee does, also knowing that your choice is observable by the other licensee?
Illustrate what can the marketing director do to increase the explanatory power of a trade's equation.
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