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What is a mixed strategy, how are best reply functions derived for mixed strategy play, how do you find mixed strategy Nash equilibria in games with finite, pure strategies, and
What are the general properties of Nash equilibria in mixed strategies?
A 5 year treasury note has a coupon rate of 2.50%. What price would you pay for such a security having a principal value (par value) of $1 million if the current interest rate is 2.25%? The current interest rate is 3%? (to simplify the calculations, ..
During the recent 2007-2009 economic contraction, nominal interest rates fell to nearly 0% while the rate of inflation remained positive. What happened to the real interest rate? How would this movement in the real interest rate affect decisions to s..
Discuss how and why the effectiveness of fiscal policy depends upon the slope of the LM curve. Hint: Discuss how the behavioral sensitivities (c1, and c2) determines the LM slope, and how changing c1, and c2 influences the fiscal policy effectiveness..
If the market price of the product is 270, how much output should the firm produce in order to maximize profit. How much profit will this firm make.
Suppose a monopolist's demand is given by the function P=25-3Q. Let the total cost of production be 7Q+28 for positive levels of output, and zero otherwise. Illustrate what is the profit maximising output.
Describe the founding of the company. Did any mergers or acquisitions affect the company? Were there any regulatory or other changes that affected the company's development?
Suppose a bond with no expiration date has a face value of $10,000 and annually pays a fixed amount of interest of $900.
Lesson 7 discusses them. Show how the values are entered into your functions and also calculate the amounts of each of the following:
Briefly contrast how firms in a perfectly competitive market will respond to long-run profits and losses. Include an explanation of each response affects the price level
What is the marginal rate of substitution (MRS) and why does it diminish as the consumer substitute's one product for another. Use examples to illustrate.
Suppose that a jewelry store found that when it increased prices by 10 percent, sales revenue increased by 3 percent. Which of the following is true about the price elasticity of demand for the store's goods?
Draw a bowed-out PPC with an aggregate measure of medical services, Q, on the horizontal axis and an aggregate measure of all other goods (and services), Z, on the structure and performance. A movement from the interior of the curve to a north-easter..
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