--%>

walfare function expected utility,game theory and minimum an

please help me in doing the attached documents

   Related Questions in Microeconomics

  • Q : Market Power and Demand for Labor All

    All of the given might causes labor markets to be non-competitive except: (i) Backward bending labor supply curves. (ii) Unions and employer trade associations. (iii) Monopolistic power exercised by the firm. (iv) Monopsonistic power exercised by the

  • Q : Define saving function Saving function

    Saving function: The relationship among saving and income is termed as saving function.

  • Q : Total revenue exceed total variable

    A firm within a purely competitive industry: (w) will produce only as long as its marginal revenue is greater than its marginal cost. (x) decides what level of output to produce based upon an analysis of total revenues and total costs. (y) produces th

  • Q : Econ Give the answer of following

    Give the answer of following question. In the quintile distribution of income, the term "quintile" represents: A) 5 percent of the income receivers. B) 10 percent of the income receivers. C) 20 percent of the income receivers. D) 25 percent of the income receivers.

  • Q : Natural barriers to entry in network

    Assume that an equipment or software firm has copyrights and patents which restrict other firms from producing goods embodying its technology, and which the firm is shielded from competition since customers can deal along with each other at lower costs when they utili

  • Q : Implication of price discrimination

    Price discrimination implies: (1) charging different prices for identical goods that have identical production costs. (2) paying wages based on race or sex quite than productivity. (3) exploiting the working masses by charging the highest single price

  • Q : Economic profits by potential customers

    When you lease a building for five years and rapidly achieve economic profits since it is located conveniently for potential customers: (1) you could capitalize some of these pure profits when you sold your business along with a sublease at the ending

  • Q : Long run equilibrium for a purely

    In long-run equilibrium for a purely competitive firm: (w) MC = P = MR = min.(LRAC). (x) MC = TR = PQ = AVC. (y) LRAC = PQ = TVC + TFC = MR. (z) P = Q = wL + rK = Y. Can anybody suggest me the proper explanation fo

  • Q : What is Average Fixed Cost or AFC What

    What is Average Fixed Cost. Also provide its formula?

  • Q : Positive economic profit and accounting

    Purely competitive equilibrium, in long-run firms normally experience positive accounting profit and economic profit which is: (w) also positive, but smaller. (x) zero. (y) negative, but barely that why. (z) either positive, zero, or negative.