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### 2350gametheoryGames

Course: ECON 2350, Fall 2012
School: York University
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York University - ECON - 2350
Price Discrimination Firm charges dierent prices to dierent consumers. Prices are tailored to extract greater surplus from consumers with greaterwillingness to pay and do not reect (only) cost dierences.Prerequisites for Price Discrimination Market
York University - ECON - 2350
The Assumptions of Perfect Competition1. Large Numbers: No individual consumer buys and no individual rm produces asignicant proportion of the total output.(No economies of scale at the rm level; minimum ecient scale is a small portion ofthe total amo
York University - ECON - 2350
York University - ECON2350 - V. BardisPractice Set 11. Find the aggregate demand function, X (p), if the demand of person 1 is given by x1 = 50 pand the demand of person 2 is given by x2 = 25 (1/2)p. Is any of the three demands moreelastic than the ot
York University - ECON - 2350
York University - ECON2350 - V. BardisAnswers to Practice Set 11.X (p) = x1 (p) + x2 (p) = (50 p) + (25 p/2) = 75 3p/2No; all three demands are equally elastic:Xp=x1 px2 p3pp=2 75 3p/250 p= (1)=pp=50 p50 p1pp=2 25 p/250 p2. (a)
York University - ECON - 2350
York University - ECON2350 - V. BardisPractice Set 21. Consider the economics of the following story. Tomorrow, Jerry can either work for his uncle forw dollars an hour or spend his time collecting owers from a forest nearby, which he can sell atthe m
York University - ECON - 2350
York University - ECON2350 - V. BardisAnswers to Practice Set 21. See notes.2. Letting b = 2 gives q = f (L) = a(L t)1/2 . Then Jerrys marginal product is1f (L) = a(L t)1/22Setting pf (L) = w gives Jerrys input demandL =ap2w2+tSubstituting L
York University - ECON - 2350
York University - ECON2350 - V. BardisPractice Set 31. Using the concepts of consumer and producer surplus argue that the equilibrium in a perfectlycompetitive market is ecient.2. Provide a set of assumptions that describes a perfectly competitive mar
York University - ECON - 2350
York University - ECON2350 - V. BardisAnswers to Practice Set 31. See notes or text.2. .AssumptionsDemand-Large number of consumers(therefore, each is a price taker)-Utility Maximizers Aggregate Demand Qd = D(p)Supply-Large Number of (identical
York University - ECON - 2350
York University - AS/ECON2350 - V. BardisPractice Set 41. Suppose market demand for a product is Q = 100 2p where Q denotes quantity demand at pricep. A producer can provide Q units of the good at cost C (Q) = 10Q.(a) Find the equilibrium price and qu
York University - ECON - 2350
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York University - ECON - 2350
YORK UNIVERSITY - AS/ECON2350 V.BARDISPRACTICE SET 51. Suppose two advertising companies have two options:Send out e-mail ads (S) or Dont send out e-mail ads (D)If only one chooses to e-mail ads to consumers, then it will make a profit of 10 and the o
York University - ECON - 2350
YORK UNIVERSITY - AS/ECON2350 V.BARDISANSWERS TO PRACTICE SET 51.3.Game 1: The unique N.E. is (U,R)~(0,0) since this is the only strategy combination such that neither player has an incentive todeviate (act differently) given what the other did.Game
York University - ECON - 2350
ECON2350 - V. BardisAnswers to Practice Set 61. See notes.2. See notes.3. a. Each person will plant the amount such that his MWTP or Marginal Benet (MB) is equal to theprice. Therefore, the market outcome is11 qa = 1 qam = 106 qb = 1 qbm = 5b. In
York University - ECON - 2350
York University - ECON - 2350
Game TheoryDenitions Game: A formal model of a social situation where each participant is rational and realizes that thewelfare of each person depends on the actions of the others. Participants are called players. If thesituation is such that in order
York University - ECON - 2350
York University - ECON - 2350
York University - ECON - 2350
York University - ECON - 2350
.Multiple-Choice Section: 15 questions. Select the choice that best answers each question. Answers mustbe transferred to the scantron sheet.1. If Jerrys demand for good x is given by xJ = 15 5p, where p denotes the goods price, what isJerrys marginal
York University - ECON - 2350
York University - ECON - 2350
York University - ECON - 2350
York University - ECON - 2350
University of Kelaniya - NEUROLOGY - 200
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Academic Honesty MatrixWhat keyword search did you use tofind the article?What is the articles title?Who is the author or authors?Article 1What is the date of publication?Was the article peer reviewed?Which database did you use to locatethe artic
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One has only a few in the separate groups and the other has about eight on theseparate groups. We actually agree on most of the ones for both groups, he put some ofthe separate ones in both groups. We both listed quite a few in the both group category,
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Arab Americans and Muslim each have their own unique customs one is a race and theother is a religion. Each group has their own variations that can be seen by differencesin forms of religious expression, their heritage, and when they arrived in the Unit
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According to the text there have been a lot of attempts to make English the officiallanguage of the United States. They want to put a stop to bilingual schools as well asfunding for it in schools that still offer it (Shcaefer, 2006). In California in 19
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One of the many issues facing Native Americans today; one is the Sam as it has beenin the past. Promises made by leaders who do not follow through. President Obama forone, he made promises during his run for office. Although he has done many goodthings
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http:/psychology.about.com/od/educationalpsychology/ss/multiple-intell_7.htmhttp:/www.inspiring-breakthrough.co.uk/learning-styles/interpersonal-learning.htmhttp:/www.angelfire.com/mi3/interpersonal/My strongest intelligence is interpersonal, although
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Axia College MaterialAppendix DUnited States-Centric Views ComparisonConsider this question: What are an average Americans perceptions about Muslim/ArabAmerican and Christian American groups?Copy each descriptor from the paragraph below and paste it
University of Phoenix - ETH 125 - ETH 125
Axia College MaterialAppendix DUnited States-Centric Views ComparisonConsider this question: What are an average Americans perceptions about Muslim/ArabAmerican and Christian American groups?Copy each descriptor from the paragraph below and paste it
University of Phoenix - ETH 125 - ETH 125
Axia College MaterialAppendix EAsian Americans According to the U.S. Census BureauPart IOrganize statistics from the U.S. Census Bureau on Asian American diversity using the matrixbelow and the Asian/Pacific American Heritage Month: May 2010 document
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Hispanic American encompasses a rich group of different cultures. Mexican Americans,Cubans, Puerto Ricans, and Guatemalans are different groups within HispanicAmerican. This is a summary of their linguistic, political, social, economic, religious, andf
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Race and My CommunityRace and My CommunityClara HouptPhoenix University06/1/20111Race and My CommunityRace and My CommunityRace and my community is quite the issue. Many different races and ethnicgroups live here in Spokane, WA. Mainly it is made
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I establish priorities by figuring out what is important to me. For me that is my family andworking with the mentally ill. I want to get my degree and provide a better life for myfamily and do more for the mentally ill. I need to prioritize between fami
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1. The calculated word per minute was 877, this seems really fast but I haveretained everything.2. The approach was how I read everything for the first time, I read really quick. Foracademic reading though I would usually reading it again at a slower p
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Grammar Exercise 1OVERALL SCORE: 80% (8 of 10 Questions Correct)Site Title: Grammar MechanicsQuiz: Subject-Verb AgreementDate/Time Submitted: Wed Jun 29 2011 06:16:43 PMOVERALL SCORE: 60% (6 of 10 Questions Correct)Site Title: Grammar MechanicsQuiz
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My learning intelligences and personalities are Interpersonal, and Thinker/Giver, andboth work well in a distance learning environment. An interpersonal study technique isto study in a group setting, and discuss the material with others. The thinker per
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I have learned about the struggles Mexicans Americans, and other Hispanic Americangroups face and those they have overcome. I learned reasons why Hispanic groupshave migrated to America. I learned about their background, and their culture, and thediffe
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Characteristic of Expository EssaysClara HouptEffective Essay WritingUniversity O Phoenix07/01/2011Cochlear Implants, For Some, a Miracle. For Others, a Tool, and A Soul as Free asthe Air, About Lucy Stone are both expository essays they use facts,
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I chose education as my essay topic, I find it interesting and my readers should too.First I will search the library and Google my topic. Then I will decide which area I want tofocus as it is a very broad category. I think I already know what I want to
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The main issue is stealing money from the company. I would say she immediately tooka position. Later in the clip she stated that she knew it was wrong. This indicates thatshe had already decided that it was wrong, or she already felt that it was wrong.
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2. C, there is a possibility that it is true, but there is no guarantee.3. C, I highly doubt that a monster V8, they cannot do that new probably false.4. B, this has a definite possibility of being true.6. A, this will definitely be the case they are a
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Topic\DocumentAutism Is a Serious Public Health CrisisBehavioral Disorders, 2010Anne McElroy Dachel, &quot;The Really Big Lie About Autism,&quot; YubaNet.com, August 22, 2006.Copyright 2007 YubaNet.com. Reproduced by permission.&quot;[By 2001] the rates for kids
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I want to write about the new treatments in liver cancer, they come at a price. Inearly stages there is a lot of promise for these new treatments. In later stages there is adifferent story though. While there is some hope in up to the third stage from t
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Week 8 Assignment: Cover letterClara HouptHSM/21010/11/2011Michael HesterClara Houpt1424 W MaxwellSpokane, WA 9920120:46Dr. JacardLead PsychiatristSpokane Mental Health110 S Division AveSpokane, WA 99201Dear Dr. Jacard:Your ad for an entry-
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Axia College MaterialAppendix GPeer Review Checklist*What is the main point ofthis paper?What is the greatest strengthof this paper?What material does not seemto fit the main point of thepaper or does not seem to beappropriate for the audience?
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Axia College MaterialAppendix GPeer Review Checklist*To discuss liver cancer and treatmentsWhat is the main point ofthis paper?What is the greatest strengthof this paper?What material does not seemto fit the main point of thepaper or does not se
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Axia College MaterialAppendix BUsing Microsoft Word to Help With Formatting BasicsYou may use the menus and toolbars in Microsoft Word to help you format academic papers accordingto Axia College requirements and APA style standards.FontFont TypesFo
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Axia College MaterialAppendix CSummary of the Research ProcessReview the following summary of the research process, print a hard copy, and refer to the informationoften as you work on your final project.1. Begin the project.a.b.c.d.Think about t
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Axia College MaterialAppendix DStrategies for Gathering InformationSourceWhatinformationcan yougather fromthissource?Kamal, A. A., Azeeza, S. S., Bharathi, E. V., Malik, M. S., &amp; This sourceThis offers aShetti, R. C. (2010). Search for New and
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Axia College MaterialAppendix EQuoting, Summarizing, and Paraphrasing SourcesSummarize:Be brief.Reflect key facts or ideas.Help readers understand context.Do not insert personal views.Write in your own words, except forquotations.Chemotherapy is
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Axia College MaterialAppendix FServices at the Center for Writing ExcellenceWritePointSM and Plagiarism Checker ToolsThe Center for Writing Excellence (CWE) is an excellent resource for both students and faculty.WritePointSM, one of CWEs services, pr
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Axia College MaterialAppendix GPeer Review Checklist*What is the main point ofthis paper?What is the greatest strengthof this paper?What material does not seemto fit the main point of thepaper or does not seem to beappropriate for the audience?
University of Phoenix - GENERAL - Gen105
Axia College MaterialAppendix HProofreading ChecklistYesyesHave I followed the directions provided in the syllabus for this assignment?yesAre the title page, paper setup, numbering, and margins in APA format?yesHave I used Times New Roman font?y
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There was some political bias in the fact that the speaker blamed everything onhis opponent when more times than not there are more reasons than just that. Theissues of politics are very complicated there are many things that can contribute to theissue
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In the 1950s there were changes in the treatment of mentally ill clients. Primarilythe use of pharmaceuticals there was a shift from hospitalization to treatment in thecommunity for mentally ill clients. This left communities to deal with the needs of t
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Hello Class,Below is the Week 1 CheckPoint rubric. Please review it carefully as I will evaluate yourwork using this grading guide. Thank you.Week 1 CheckPoint: Deinstitutionalization of the Mentally IllOne of the most significant historical events to