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use the bullet point to highly summarize the main idea of each literature showed up in this paper as detailed as you can (critiquing included and begin from the introduction)
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Microeconomics, Economics
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Question: Corporate directors are either insiders who hold (or have held) important positions within the company or outsiders who have achieved distinction elsewhere. a. Why do you as a shareholder probably prefer that t ...
Question: Hedonic Modeling Assume we have two identical houses. Each house is a 3 bedroom, 3 bath, 2000 square feetwhite house on a 1 acre lot and both were built in 1996. The single difference is that house B islocated ...
Question: Assume that the elasticity of demand for some good is less than 1 in absolute value. If half of the available supply is destroyed its price will rise, as will the total amount consumers spend on it. Does this m ...
Question: A consumer has the following utility function: U(x1,x2)=ln(x1)+2*ln(x2), where ‘ln' stands for the natural logarithm. Reminder - the derivate of ln(x1) with respect to x1 is 1/x1. a. Calculate the demand functi ...
Question: An editorial in the Economist magazine discusses the fact that in most countries-including the United States-it is illegal for individuals to buy or sell body parts, such as kidneys. a. Draw a demand and supply ...
Question: Use the spreadsheet on Ricardian equivalence with three periods and assume that - the government spendings are 100, 150 and 150; - households' salary is 300 in each period. Also assume that households preper sm ...
Question: The first reading you had this semester was I, Pencil. What was the lesson of this reading? How would a tax on lumber affect the coordination of all actors needed to make a pencil? Do you think this would resul ...
Question: Following are observations on the market price and the quantity of good X produced and consumed in three different years: $10 and 100 units, $4 and 57 units, and $8 and 88 units. Can we conclude that the market ...
Question: What is the Lucas critique? What are rational expectations and how do they relate to the Lucas critique? What does it suggest might be a problem with activist and discretionary policy? The response must be type ...
Question: Why is there asymmetric information in the labor market? What signals can an employer look for that might indicate the traits they are seeking in a new employee? The response must be typed, single spaced, must ...
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