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Why did the Global Financial Crisis occur? How might a repeat of such a crisis be avoided?
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What three legal doctrines had an important impact on economic activity during the first period of US national development? Describe their impact
identify two companies in unrelated industries that use tpm approaches to ensure reliability in the products or
A few years ago, a construction manager earning $70,000 per year working for a regional home builder decided to open his own home building company. He took $100,000 out of one of his investment accounts that had been earning around 6% a year and used..
1explain why in a perfectly competitive market the firm is a price taker. why cant the firm choose the price at which
Draw the game as a table. What are the Nash equilibria of this game? How does this game differ from a prisoner's dilemma, and how can participants achieve the optimal (both hunt Stag) outcome?
Show that for any bidder i, the bid of vi weakly dominates any lower bid. Show further that for any bidder i, the bid of vi does not weakly dominate any higher bid. Next, show that the action profile in which each player bids her valuation is not a..
Mankiw discusses that if federal authorities suppose responsibility, entire financial system might well become a group of government sponsored enterprises.
a software producer has fixed costs of 30000 per month and her total variable costs tvc as a function of output q are
Why is the unrestricted entry of new firms to all markets necessary to assure the efficient allocation of resources in the long run?
What difference does it make, if any, if technology is moving very fast in the market so that this game proves to be one-time-only simultaneous play?
There are two types of used cars on the market: Lemons and Cherries. Lemons are worth $200 to sellers and $600 to buyers. Cherries are worth $800 to sellers and $1200 to buyers. Buyers know how many cars of each type are available for sale, but they ..
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