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What are the shortcomings of the grossman model
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Describe factors that could influence the Cost of Capital in the Grossman model
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- Name and explain two fundamental assumptions underlying the Cournot model.The methodology of ________ economics says that models should be based on predictions and not assumptions.QUESTION 6 Which one of the following statements about the modified Stackleberg model is correct? A. None of the other statements is correct. B. Entry accomodation is always more profitable than entry deterrence. C. Whether entry deterrence is more profitable than entry accomodation can depend on the size of the fixed cost. D. Entry deterrence is always more profitable than entry accomodation.
- Finding a solution to this problem is hard because I’m not exactly sure how to generalize the cournot model. Could I have help please.Trigleater is a hungry individual in the Grossman model deciding what to have for dinner is looking at variable options. Trigleater has a special condition called "Eaterblood" where whatever she eats will affect her health almost immediately. The following table reflects the options she is considering and the effect on health Meal Home Good Z Health H Steak and eggs +9 -4 Kale salad and broccoli -5 +18 Double cheeseburger deluxe with coke 12 -18 A miracle pill "Actosfast" is discovered that halves the negative health impact of food. What would the new choice be If Trigleater's single period utility function is given by U=5Z+2H and she can only select one item from the table above, what would be her total utility after selecting the optimal mealHello, please help me to solve the question about the Ramsey model, as attached.
- A teacher observes that the mitterm grades of students in the class varies depending on “the number of classes that the student takes”, “the difficulty of the assignments”, and the “stress experienced by the student”. She assigns to you the task of doing a research project on this and wants you to do the following: a. Give the project a suitable title b. What is the research question? c. Clearly label the variables (dependent and independent) d. Develop three hypothesesInterpret this graph according to the theory of hecksher-ohlin model.Two differences between the prediction of the model with myopic agents and the predictions of the model with forward looking agents?
- Write short-notes on the following: Stopler-samuelson model Rybczynski Theorem(RT) H-O theoremThe idea that standard economic model is a good predictor of behavior if people have sufficient time to learn is the __________preference hypothesis.For this question I cannot completely understand how to solve given it is a cournot model based question. Could I have help
