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1. How does the utility possibilities frontier relate to the contract curve?
2. In the Edgeworth production box diagram, what conditions must hold for an allocation to be on the production contract curve? Why is a competitive equi- librium on the contract curve?
Design a menu for Burger King restaurant for which I was a manager there once a couple of years ago.
1. the absolute value of the short-run elasticity of demand for bread has been estimated to be 0.15. its long-run
consider three alternative bonds that you might invest in each of which matures in one year. the following table shows
Suppose you invest in zero coupon bonds. One matures in 1 year, paying $100, and its price is $56.93. The other matures in 2 years, paying $1100, and its price is $943.07. Compute the yield-to-maturity on each bond. Compute the duration for each bond..
In using game theory, both parties have dominant strategies that lead to a best case for each individual. However, these decisions result in a worst case for the combination of the two. Discuss ways that each party can achieve a better solution
Using the data through 1979, estimate a cubic time trend model for gfr (that is, regress gfr on t, t2, and t3, along with an intercept). Comment on the R-squared of the regression.
for the table giventhe first two columns in the table give a firms short-run production function when the only variable
What market structure have you entered, and why and what can you do to guarantee success in this market?
Why does international trade occur What does it mean to run a deficit in the merchandise trade balance Distinguish between a tariff and a quota. Who benefits from and who is harmed by such restrictions on imports
Effects of Cheap Labor in Southeast Asia; Catalyst for Industrialization and Economic Development
draw the cheese market for the united states showing the world price as the price for this market. how much cheese does
Discusses changes in demand and supply and summarize - Coffee Demand Shifts Down-Market
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