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1. Consider an individual facing a wage rate w . There's a total of 100 hours available for work or leisure in a week. (a) Represent his budget constraint graphically (b)
suppose your opponent is not playing her nash equilibrium strategy. Should you play nash equilibrium strategy?k question #Minimum 100 words accepted#
illustrate and discuss the implications of various market structures (competitive and non-competitive) for price determination
discuss the revealed preference theory of consumer behaviour
Revenue and Profit Maximization: Whenever a good is produced, the individual firm which has produced incurs costs which are are referred to as private costs and the society in
factor afecting the demand for durable product
conditions of pareto optimality
Consider the model of corruption explored by Shleifer and Vishni's where there is one government-produced good X. There is a demand for that good described by the inverse demand eq
How Airlines solve the perishability of unsold seats and what they do to their prices as the seats get close to perish?
how do oligopolistic market and monopolistic competition react to change in demand and supply ?
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