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Go back to 2007 when we had the last financial crisis and present economic situation, and then outlook for the economy over the next year or two. Concentrate on unemployment, GDP growth and population structure . Also issues with the EU and then how is France's economy doing versus other countries in the EU. That should be enough to write eight pages about.
Describe some healthcare situations in which an agent has taken advantage of a principal. Now describe some healthcare transactions that have not taken place because of fears about asymmetric information. What are some strategies for reducing adve..
Confirm that firm 1's optimal price depends on P2 according to P1 = 52.5 + .25P2. (Hint: Set up the profit expression Ti1 = (P1 - 30) Q1 = (P1 - 30)(75 - P1 + .5P2) and set MTi = hTi1/hP1 = 0 to solve for P1 in terms of P2. Alternatively, set MR1 ..
What is a Continuous Distribution? How Does it Differ From a Discrete Distribution?What Does the Normal Distribution Look Like? Why is it Important in Statistics?
It is possible to construct situations in which a consumer can find several points that all maximize her utility. Take the case of perfect substitutes. In Figure S.1.5, we have four indifference curves for perfect substitutes.
Peter Higgins is a sales agent for XZY Company. He has an effort cost function of C = e2 and a reservation wage of $1,500. His wage package is W = 1,500 + 0.2Q where the CEO sets the incentive at 0.2 and Q = 200e. Q is the output. If the CEO increase..
what is the mechanism in the economic system that guarantees the saving of the economy will always equal the investment
1. price elasticity of demand is an important tool for managers in in a selling environment in deciding what to put on
What is the group preference and what is the group choice according to the Borda count rule? Please justify your answers.
Describe principal-agent issues at various levels of the organization, and explain how they arise, using the concepts from
Your product fails about 2% of the time, on average. Some customers purchase the extended warranty you offer in which you will replace the product if it fails. Would you want to price the extended warranty at 2% of the product price?
1. Define Efficiency Pareto optimality. One issue that economists have is that in a sense people's preferences can change over time. Some of this may involve neurologicalbiological changes which economics hasn't dealt much with. But lots of the cha..
consider the following model i c 1500 mpc y - tyii i 800iii g 500iv x - m 500 - mpi ywheret the flat tax
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