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Q. You have 10 hours in which to study for both a French test and an economics test. Construct a model to conclude your allocation of study hours. Include as assumptions points you "gain" from an hour of study time in each subject and your desired outcome on each test.
Does player 1 have a dominant policy also if so Illustrate what is it or does player 2 have a dominant policy also if so Illustrate what is it.
Point out which costs in the preceding question are considered "relevant" and which are considered "irrelevant" to a business decision. Explain why.
Why does Michael Porter admonish companies will not change his competitive positioning any more regularly than once every four or five years.
Suppose that consumers decide to consume less (and therefore to save more) for any given amount of disposable income. Specifically, assume that consumer confidence (c0) falls. What will happen to output.
The yearly demand for coffee by U.S. consumers is given by the demand curve QD=250-10P, where Q is quantity.
Clarify why might the Homo sapiens production possibilities curve have shifted outward to right much more rapidly than persons of Neanderthals.
Suppose that due to a political conflict inside the country, there is a risk the government will default in its debt.
Two identical countries, Nation A and Nation B, can each be described by a Keynesian-cross model. MPC is .9 in each nation. How much is government purchases multiplier for each nation.
Illustrate what happens to output and the optimal scale of a firm, and price if there is a free entry into the market.
Explain Carver Memorial Hospital's surgeons have a new procedure that they think will decrease the time.
Suppose that there is a unit mass of consumers who are uniformly distributed on the segment[0,1]. Two firms are located on the line and sell identical products.
Anna spent two thirds of her instance sewing dresses, and the other third of her time doing administrative work. Prepare Balance Sheet for Manning Style.
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