Strength: The Fiduciary Duty Demand of the Board
Caterpillars Board adopted a written process governing the approval of related
party transactions for directors and certain officers in April 2007. Under the process,
all related party transactions are to b
Strength: The Fiduciary Duty Demand of the Board
Caterpillars Board adopted a written process governing the approval of related
party transactions for directors and certain officers in April 2007. Under the process,
all related party transactions are to b
ZHANG Lu 54536868
FIRST HOMEWORK in EF5010
Answer:
First I made the $SA range with 300 interval, then i could get the average SA price per
square feet and average SA size within each intervals. Upon this premise, I use the
unit sold column average SA pric
1)Answer: the supertanker industry is competitive, because it is
consisted of a large amount of discretionary buyers and sellers. An
oil tanker produces almost identical product, conveying crude oil
by ship from exporting countries to importing countries.
1)Answer: the supertanker industry is competitive, because it is
consisted of a large amount of discretionary buyers and sellers. An
oil tanker produces almost identical product, conveying crude oil
by ship from exporting countries to importing countries.
Microeconomics
Introduction to Game Theory
Setup of a Game
Lecture 8
Game Theory
Players: David, John and Paul
Actions: Participate in funding the public good, Not participate
in funding the public good
Payoffs: Net benefit from having/not having the publ
Microeconomics
Choice Under Uncertainty
How do we describe Risk?
Lecture 12
Risk
Consider a coin toss
Variance and standard deviation
How far apart are the different possible
outcomes?
Expected value/mean/average
How much do you get on average?
Heads:
Microeconomics
Lecture 5a
How is Market Price Determined
1st Fundamental Theorem of Welfare Economics
So far we have assumed that both the buyers and the
sellers take the market price as given
The market equilibrium is efficient
I.e. no one can gain wi
Basic Microeconomics
Discounting
Present Discounted Value
Lecture 11
Future Income
5% interest rate
today
PDV of $1 paid after 1 year =
$1
1+
$1
1+
PDV of $1 paid after 2 year = $1/(1+r)/(1+r) =
PDV of $1 paid after n year =
$1
1+ 2
By the same logic,
Welcome to the Basic Microeconomics
My name: Vinci Chow
Microeconomics
Lecture 1
Email: [email protected]
Office: 1004 Esther Lee Building
Purpose of this course:
An overview of microeconomics at the
undergraduate level
Principles of Economics
Princ
Microeconomics
Lecture 5b
Monopoly
How is Market Price Determined
Examples of Monopolies
We investigated what happens under the highest
possible amount of competition
Microsoft in the operating system market
We are now going to explore the polar opposi
Anyone
Like Angry Birds?
Microeconomics
Lecture 1b
Also like SpongeBob?
Convex Preferences
Angry Birds
Utility and the Demand Curve
0
SpongeBob
Guess when there is demand, there is supply
How Do We Tell Which One is Better?
The Bad Way
2014
2013
Prefer
Basic Microeconomics
Efficiency Wage Example
Exercise Efficiency Wage
Employers decision
Hire the worker if
So to make the employee work hard, the
employer needs to set a wage of at least
Work hard if
Utility of working hard > Utility of shirking
Utility
Demand and Supply
Microeconomics
Microeconomics
Lecture 2
A Simple Model of Market
A Simple Model of Market
Need an intuitive way of descripting
A market has four components
how market works
the effects of various events and policies
The 2-person-2-goo
Microeconomics
Lecture 3
Production Function
Think of producing something
Production Function
Assume for now we want to produce as much of
something as possible
We can think of any production process as a machine
that takes inputs and produce outputs
W
ECON 1101
Assignment 1
Due Wednesday Nov. 2nd 8pm on elearn
1. Write the following in set notation:
a. The set of all real numbers less than 23.
b. The set of all real numbers greater than 12 but less than 52.
For Q.2 and Q.3, = cfw_, , , = cfw_, , , = cf
ECON 1101
Assignment 3
Due Tuesday Nov. 23rd 8pm on elearn
Q1, Q5 Complete by hand only.
Q2-4 First complete by hand, followed by Jupyter.
Q6
Part a-d in Jupyter only. Part e-f by hand only.
1. Let A be a 3 3 matrix, B a 3 2 matrix and C a 4 3 matrix. Is
ECON 1101
Assignment 2
Due Friday Nov. 11th 8pm on elearn
For Q.1-3, please first complete them by hand, followed by completing them in the Jupyter. For Q.4
you only need to complete it in Jupyter.
1. Find the solutions to the following system of equation
MATHEMATICS LEVEL 2 TEST
REFERENCE INFORMKIIDN
THE FGLLDWING INFORMATION IS FOR YOUR REFERENCE IN ANSWERWG SDME OF
THE QUESTIONS IN THIS TEST.
1
Valium: ofa right circularcnne with radius r and height It: V=§xr3k
Lateral Area of a light circular
U.S. History Chronicle
SATII SATII Collegeboard American
Pageant
SATII 750
SATII
OFFER
Ivy. Z / R
Part A. Pre-U.S. era
Pro Columbian Era (_-1500)
Native Americans: Incas (Peru), Mayans (Central America), Aztecs (Mexico), Anasazi (southwest),
Iroquo
Mathematics
Level 1 and Level 2
One-hour subject tests
Purpose
Measure knowledge of mathematics through the first
three years of college-preparatory mathematics for
Level 1 and through precalculus for Level 2
Format
50 multiple-choice questions
Questions
Further Practice for Asymmetric Information
1. Suppose you are hiring a worker for your firm. You advertise a position for $50,000, but
an applicant offers to work for $40,000. Should you jump at this offer?
2. Consider the example in the figure below. As