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Q1. The following represents the potential outcomes of your first salary negotiation after graduation: Assuming this is a sequential move game with the employer moving first, indicate most likely outcome. Does the ability to move first give the employer an advantage? If so, how? As the employee, is there anything you could do to realize a higher payoff?
Q2. The market for widgets consists of two firms that produce identical products. Competition in the market is such that each of the firms independently produces a quantity of output, and these quantities are then sold in the market at a price that is determined by the total amount produced by the two firms. Firm 2 is known to have a cost advantage over firm 1. A recent study found that the (inverse) market demand curve face by the two firms is P=280-2(Q1+Q2), and costs are C1(Q1)=3Q1 and C2(Q2)=2Q2.
What is each firm's marginal revenue and what is each firm's reaction function?
Illustrate what are the concepts gender planning, gender budgeting and gender mainstreaming mean.
If you turn this measure of cost around, illustrate what is the prospect cost of cheese in liters of milk per gram of cheese.
its marginal costs are below total average costs. If it creates an additional watch where its average total costs rise -fall or stay the same.
Dogs kept in a backyard and are barking constantantly are notorious in most city neighborhoods. Do these dogs pose a negative or positive externality? What (if anything) should the city do about these externalities?
The Microsoft Case Microsoft Monopoly--Why was Microsoft investigated for antitrust behaviour.
If the average level of consumer surplus for each hotel guest equals $24, illustrate what is the total consumer surplus per night.
Illustrate what is the demand schedule for Belgium cocoa beans now which U.S. consumers can also buy them.
Selling stocks. Suppose you have two stocks A and B. One falls in price and or increases. If you only care about rates of return, which one should you sell?
Illustrate what would be the most optimal number of spaces, and Illustrate what are these corresponding prices.
Which of following is equivalent to marginal propensity to consume. If incomes increased by $20,000, government purchases are fixed at $10,000, investment spending is fixed.
How do such policies impact product price and industry output and employment? Are these kinds of policies easy to implement in practice? How has globalization of production affected our ability to control pollution?
Cameron visits a sporting goods store to buy a new set of golf clubs.
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