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Problem: Both person A and person B are purchasing bananas and apples from the same supermarket, where the price of a banana is $2 and the price of an apple is $1. Person A is currently consuming 2 apples and 15 bananas, while person B consumes 30 apples and 3 bananas.
a) How many apples do we have to give each individual in return for taking away one banana to keep the person at the same utility? (Assume that changes in consumption are small enough so they do not alter marginal utilities)
b) How should a study value marginal tradeoffs between goods that are exchanged in a market economy? Is it appropriate to use one rate even though people might have very different preferences?
Problem: For each of the following social choice methods, which of Arrow's axioms
a) the Pareto criterion
b) plurality-rule voting (of several choices, the one with the most votes wins)
c) majority voting
d) pulling a choice out of a hat (random)
Excel is often used to perform "what-if" analyses. In these, a model that depends on a number of variables is constructed, and the outcomes predicted by the model are determined fo
Procedural History: The plaintiff filed an action for negligence under Texas law and the trial court granted summary judgment in favor of the defendants. All you are d
TFX is a multinational company which manufactures and retails branded designer clothing with business units in a number of different countries globally. Up unless now, each of the
(a) Illustrate the difference between symmetric and asymmetric encryption, listing an advantages and a disadvantage of each. (b) What functions should be given by a public key
how to I to di can I have some tips
Would you recommend changing to the optimal order interval?
Are arrangements whereby two or more companies work in collaboration without formal relationships, where there is mutual benefit in doing so
Q. What is performance pyramid? The performance pyramid Like the balanced scorecard or 6-dimensional performance matrix, the performance pyramid is a multidimensional mo
a) Way a suitable structure for a strategy plan that make sures appropriate participation from all stakeholders of an organization. b) Make criteria for reviewing potential option
Question: (a). With the help of appropriate examples of your choice explain the different types of personalisation systems? (b). Distinguish between the micropayments and
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