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Prove the following: if a matching is efficient, then there exists a tie-breaking rule such that the matching is efficient (with respect to the strict preferences generated by the tie-breaking rule)
How will this change in the level of price affect the demand for money and the equilibrium interest rate.
Listed below are the weekly sales from the household department at a local discount store: $35,000, $46,000, $28,000, $35,000, $68,000, and $52,000. Find the Arithmetic Mean, Median, and Mode.
Comparative advantage - How companies and countries are becoming specialised in certain industries to compete and expand their businesses. Compare Australia with any other country.
The Mortensen-Pissarides (MP) framework of search labor is the thing in analyzing (equilibrium) unemployment over the business cycle. Shimer showed that the lack of hires is the big margin that affects the volatility of labor. Since then people tried..
When the bookstore announces a 20% price increase in new texts and a 10% increase in used texts for next year, Guojun's father offers him $80 extra.
Make sure to make available examples of real world to strengthen your position of wherever this might be case
Elucidate one opportunity for Big Drive Auto that requires a business management decision.
Illustrate what implicit assumptions is the publisher also the analyst making about price elasticity.
What is the firm's profit-maximizing (or loss minimizing) output (Q) level? What is the amount of its economic profits (or losses) at this output level? What would be the firm's decision at this price/output level?
Suppose E-Mobile purchases every gas company in the world and set their prices. Then it would have a control of the gas market with no other competition. Thus E-Mobile becomes a monopolist in providing gas. The market demand curve faced by E-Mobile i..
“If the legal standard of care in a negligence rule is necessarily vague, the court should set it below the level of efficient precaution.” Explain the economic argument in favor of this proposition. Doctors are liable when their negligence injures p..
He claimed that he was not bound by the regulations because he never knew that they had been adopted. Is he bound by the regulaions?
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