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1. A situation is called Pareto e?cient if there is no way in which we can make at least one person better off without harming at least one other person.
Suppose we have to allocate $100 between two individuals. What are the Pareto effcient allocations? (Assume both enjoy money).
2. Suppose instead that we'll play a lottery. With probability p, the money will be given to person 1, and with probability 1 - p we'll give it to person 2.
(a) What is the optimal value of p for person 1?
(b) What is the optimal value of p for person 2?
(c) Explain why all values of p are Pareto effcient.
Deliver a real-world instance that demonstrates the antecedents of communication distortion. What is communication distortion? What factors cause communication distortion?
The correct answers are based on the set of facts and tables provided below. All the data you need to perform the necessary calculations are contained in the tables following the three paragraphs below. Show all your calculations so you can receive p..
issues related to the change process.have you witnessed individuals on the job who resisted change? describe the
The chairman's secretary said the shares belonged to his daughter. Interpret these events in light of the Signaling Principle
Discuss why it is useful to consider both unfavorable risks and favorable uncertainties as part of the project planning process. Support your discussion with an example from your own work or personal life in which an unfavorable risk interfered with..
Your task is to develop a Business Systems Planning document with full justification as to how these are applicable for the organisation.
Explain the high-level planning needed for an industrial systems organization that utilizes ICS technologies to prepare for attacks from cyber threats such as Stuxnet. Use at least four (4) quality resources in this assignment.
How will the use of safety stock affect the total annual inventory cost?
Consider the ways in which we are attempting to engineer the future through our own designs in the present. Which technologies do you think will make the future society? Explain why also in illustrate what ways?
What are the leadership skills needed to manage a virtual team?
Do some brief research on the topic of resisting change. What determines whether or not people resist change?
The Federal Reserve", economic indicators that reflect the strength of the economy for purchasing of groceries. "How does The Federal Reserve affect consumers in purchasing groceries"?
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