Really great job. Thank you so much. I really love it. Thank you so much for all of your help.
* **** ***** ** ** Equilibrium *** * Nash Equilibrium) we ****** ******
**** the ********** *** there ** *** **** ****** ***** *********
***** **** **** ** ****** * ********** *********
******* **** **** care what ** *****
this is ****** * dominated *********
2 ** ******** ***** Nash *********** ******** a player ** ********** ***
********* his or her *** behavior
make the ******** favor * ****** of action ********* ** the ***** player
********* *** outcome ** ********
**** *** opponent *********** ******* one action *** ********
**** of the above
3 ******** ******** *** ******* ********** can ******* * ********** ****** of *********** ********* ****** *****
*** ******** ** ****** *** ********** **** ******** *** ********
******* ***** *** a ***** dominant strategy
the ******* *** ** ******* for just causes
the hostage ** **** valuable **** *** ***** *********
the hostage ** difficult ** ********
4 * ******** ******** ******* from a **** *********** ******** in *****
**** *********** ******** does not ****** **** ***** **********
******** strategy ******* best reply responses
only **** ******** ******* ** ************ ******
one ******** ******** ** ********** ** ******* ******** ** * ************ game
**** ******** ** ***** *******
* *********** in ******** ************** ******* ********** ***** to be ******** ** *** ** *** following *******
******* ********** schemes
******* of *********** ********
**** trigger *********
****************** ******** ******* ** punishment
*** *** tat strategy
* *********** pricing **** ****** ** *** ******* expense ********** *** day is *******
**** ********
******** **** pricing
******* ********
******** pricing
**** cost ********
* ******** ***** ** ****** ********** ******* visits to disparate ******** ****** ********* *** *** ******* ******** * **** ** second ****** price discrimination is **** ********** when:
*** ********** ******** ** *********** ********** ******** are negatively correlated
A preference ** ****** is ****** ****** **** preferences *** ******** vistas
********** ******** ** *********** ********** ******** *** ********** correlated
********** for the ******* ** always ****** **** *********** *** city ***********
** one wants to **** * European ******** ******* ** ****** mountains *** *** seaside
* ***** ** *** following pricing ******** **** ********** **** * ******* should ** expanded ********** ** **************
********* ******* *******
target-pricing policy
marginal-pricing *******
market-share ******* policy
markup ******* *******
9 ** ******** ******* * ********** **** ******* ** price discrimination must ******** output ** such * *** ** to **** identical the ____ in *** ********
***** ** ***** to ******** cost
Ratio of ******** **** ** ******** ********
***** ** price to elasticity
Marginal revenue
None ** *** ******
** **** ** the price ** which an ************ good or ******* ** transferred from the ******* to *** ****** ******** ****** the **** *****
*********** ******
******** price
********* ******
Transfer ******
None ** *** above
11 **** ****** bicycle ******* ********* *** ******* ******** repairs *** do not ******* the ******** selling ******* **** Schwinn has ******** ** **** ** *** ********* **** *** cannot ******* ** less **** prohibitive **** *** ************ has *********** a problem ** *****
Reliance *************
************
***** *******
Creative ingenuity
********* *********
** **** borrowers *** ** *** ****** ** ***** are able to hide ***** bad ****** histories * ************ **************** borrowers *******
******** ** ********** authorities
******** ***** **** applications
***** more ********** ** ******** *** lower ******** ********
Divulge ***** **** *********** ** their loan *************
**** for * pooling ************
** ** ********** *** purpose * ****** profit-sharing ******** *****
****** *** employee to **********
*********** a **** ** conduct **** **** ** ********* *** *********
**** either the ************* or *** ********* compatibility constraint
********* * ********** ************
Not ******* ***********
** ** ********** *** purpose * ****** profit-sharing ******** *****
** **** someone ********* ** ** a task but ***** ** *** **** ****** **** *** *********** ** ** ********* *** *** lack ** ****** ** not ************* ********** **** **** ** ****** constitutes **
Breach ** *********** ************
****** ** **** **********
**** ** ***********
***** hazard
** The ******************** ***** ***** ********* ** **** *** ********** ****** ** a ******* of *****
****** **************
****** *************
************* ****************
***** ***************
**** ** *** ******
17 *** ********* laws ******** all ** the following ******** decisions except *****
**********
********
************ **********
***** ***************
**** levels
** *** ***** *** barriers ** ***** and **** *** more ****** * ****** ********* **** *** **** ****** ******
Monopolistic competition
********* contestable
**********
*********
None of the above
** **** yields the **** results ** *** ****** of ******* *********** but requires ************* ***** *********** **** the ********* competitive ******
************** sales ************ ***********
*** Pareto ********** **********
The ******* ******
The ****** of *********** ********
**** ** the ******
** ____ ****** ******** * ***** ***** ******** or ***** costs arising **** an ******** transaction ** ***** the ********** (or ****** is *** a ****** ************
********* benefits and ******
Externalities
************
Monopoly costs *** benefits
**** ** *** ******
** ************ ******** is *** ****** sector *********** to ____ **** ** ******* *************** ******
***** *********
break-even analysis
******* ********* ***********
economic ************
**** of *** ******
** *** ******* used ** *********** *** ********** **************** **** ** ******* *** equal to *** proportion of debt *** equity *****
**** ** ******* *** ********
**** to finance *** ******** ********** **** *****
** *** ******** ******* ******* structure
** *** ********** ****** capital **********
**** ** *** above
** ** ***** ** **** ****** **** *** ******** ******* **** ** considered *** capital-expenditure ********* ******* ****** include *** ********* ***** ********
********** *********** capital-investment ******* **********
********** **** ***** *** *** ******* proposals
reviewing the ********** projects ***** **** **** **** ************
******** ******** to the ******* ********* ****** *** firm
* *** **
** *** social **** of ******** ** best ************ by:
*** **** ** ********** **********
*** opportunity cost ** ********* taken from *** private *******
* percent
30 percent
**** ** *** ******
** In *** constant-growth ******** ********* ***** *** required **** ** ****** on ****** ***** *** **** of ****** ******** can ** shown to ** equal ** the *** of *** ******** ***** **** *** *****
******************
******* ***** ******
risk-free *****
******** ****** *****
**** ** *** *****
Click here to download attached files:
ECO 550 NEW 2016 Midterm Part 2 -.docx
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