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Two students are to take an exam, an the professor has instructed them that the student with the higher score will receive a grade of A and the one with the lower score will receive a grade of B. Student 1's score equals x1 + 1.5, where x1 is the amount of efforts she invests in studying. Student 2's score equals x2, where x2 is the amount of effort she exerts. It is implicitly assumed that student 1 is smarter than student 2, in that, if the amount of effort is held fixed, student 1 has a higher score by an amount of 1.5. Assume that x1 and x2 can take any value (0,1,2,3,4,5). The payoff to student i is 10 - xi if she gets an A and 8 - xi if she gets a B, i = 1, 2.
a) Derive the strategies that survive the iterative deletion of strictly dominated strategies.
Suppose there is a market for an industrial compound, Weon. This industrial compound is used as an input for the production of cleaning agents.
Illustrate what factors shift your demand for goods . Give an example of how a demand determinant shifted your demand for a good.
Each day millions of Americans purchase millions of goods andservices. These goods are services are generally readilyavailable, as long as you have the necessary money to purchasethem. How is it possible for all of these goods and services
Illustrate what is the tolal accounting cost. Illustrate what is the total economic cost. Elucidate why these are different in this way.
a bank has da 2.4 years and dl 0.9 years. the bank has total equity of 82 million and total assets of 850 million.
analysis on the effect of world recession on uae economy1000 words overall word count for specific sections are in the
which are the endogenous variables (y & x3) and the exogenous (Z, X2). also which equation is identified or not identified or overidentified, an explination as to why this is would be great.suppose you have the following simultaneous equations mode..
He define you that the report will be handed out to the staff prior to the staff meeting next week and that it should outline the various forms of market structure.
The trained employees later bargain for a higher wage from the management as their probability of finding better paying jobs increase because some other companies are also adopting it. what is the action of the employee.
The appropriate techniques to determine if there is evidence of global warming, and if so, is CO2 the cause of it?
The CEO of a major automaker overheard one of its division managers make the following statement regarding the firms's production plans:
In 2005 the US was close to full employment, but many observers and economists were worried about its trade deficit, which was over $700 billion per year. Suppose macroeconomic policymakers wanted to maintain the level of real GDP
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