We consider a GSP auction with four bidders, A, B, C and D. Since there are four bidders only the three highest bidders will be displayed). The click frequency of the first, second and third positions are 100 clicks/hour, 75 clicks/hour and 35 clicks/hour, respectively. Bidders’valuation per click are vA = 10, vB = 6, vC = 4, vD = 3. Bidder B, C and D bid 5, 3 and 1, respectively.

What is the optimal bid for A?

Operation Management Class

A great area of concern is the supply of hospital ventilators. Clearly, the number of available ventilators falls far short of the projected number needed. Why is this the case? Were hospitals justified in carrying the inventory of ventilators that they did? Things to consider:

• What do you suppose the demand curve looks like for ventilator demand? Is it Normally distributed like most of our examples from class? What service level do you think would be appropriate? What are the associated costs?

• What is the lead time for new ventilators? Why is it so long and is there anything that can be done about this? What effect does this lead time have on inventory levels?

1.According to classical economists,

Select one:

a. the economy moves to full employment in the long run

b. the economy is always at full employment in the short run

c. the economy is rarely at full employment

d. business cycles explain long-run fluctuations in the economy

e. the economy is at full employment in the short run, but in the long run, business cycle movements lead the economy away from full employment

2. Generous unemployment benefits

Select one:

a. reduces search effort which raises unemployment

b. reduces search effort which lowers unemployment

c. increases search effort which raises unemployment

d. increases search effort which decreases unemployment

e. None of the above

3. In an expansion,

Select one:

a. government budget deficits tend to rise

b. government budget deficits tend to fall

c. the government debt tends to rise faster than in a recession

d. government tax receipts tend to fall

e. there is pressure on the central bank to monetize the debt

4.The Keynesian model

Select one:

a. relies on the market-clearing assumption

b. is used primarily for long-run analysis

c. is used primarily for short-run analysis

d. focuses on the supply of and demand for resources

e. focuses on fluctuations in the financial markets to explain fluctuations in real GDP

5. The economy’s total stock of capital will always increase when

Select one:

a. depreciation is zero

b. investment is greater than depreciation

c. investment is greater than population growth

d. investment is positive

e. depreciation is greater than investment

What is the future Customer Relationship Management (CRM) that Hilton's Hotel will use ?

In your own words, what is Say's Law?

What does Say's Law imply for the length of recessions? Explain.

What does Say's Law imply is the best policy response for a recession? Explain.

Explain why investment is a source of instability in a market economy.

What is a difference between unemployment and other underused resources, such as unburnt fuel or an idle factory?

COVID-19 makes us recognize those people whose jobs are indispensable to the functioning of society, including front-line health-care workers, grocery workers, and delivery workers. Many earn low incomes while bearing the risk of becoming infected to meet other people’s living and medical needs. What new perspective does COVID-19 give you on the different importance of the essential/non-essential jobs to our economy? (You may want to refer to the material on care from Nancy Folbre earlier in the semester.) Feel free to reflect on how COVID-19 may have altered your future career plans.

Please I need today answer for This question and it is very important and I need solution for this issue with all the details , and help me with all the details.Please write your answer to me by typning  not by hand writing, so that I can read and understand your answer clearly.thanks in advance/Ha

Question

This question will ask you to use the Heckscher-Ohlin model to analyze the effect of trade

liberalization between two countries. Assume that there are two production factors (capital and

labor) and two goods (cars and clothes). Assume furthermore that the car industry is capital

intensive and that the clothing industry is labor intensive. The two countries differ in their

relative endowments of capital to labor.

a) Explain how real factor prices (the real return to capital and labor) are determined in

autarky in the two countries. How do the relative factor prices differ between the two countries

depending on their relative endowments of capital and labor?

b) Now, explain how and why trade liberalization affects real factor prices in the two countries.

c) Which country will export what good and why?

d) Owners of different factors of production can differ in attitudes to trade liberalization

depending on how much they benefit in real terms. In the two countries that you have analyzed,

who will benefit and who will lose from trade liberalization?

1

Question 1: Elaborate with an example that how commercial banks create money under fractional-reserve banking. Elaborate the tools used by Central bank of a country to increase and decrease the money supply.

Question 2: Based on the material of the chapter “ money growth and inflation” of your text book explain how inflation starts in an economy? Why multinational companies feel unsafe to invest in those countries that have high inflation rate? Write your answer the light of your text book materials.

Question 3: In the light of Purchasing-Power Parity theory explain how inflation rate a county affects its nominal exchange rate?

Question 4: Explain why and how net exports and net capital flow are related to each other. Does trade deficit necessarily create trouble for a county’s economic growth? Discuss.

Use IS-LM diagram to show the impact of the pandemic on the Canadian economy

How do barriers to entry allow a monopolist to earn economic profits in the short run and the long run? Why does the elimination principle eliminate economic profits in the long run for a purely competitive firm but doesn't do so for a monopolistic firm?

The student will write a 2-3 page review of a scholarly article on the global marketing mix or identifying alternatives strategies for entering foreign markets and tactical skills needed to craft PR and advocacy campaigns in different regions of the world. Reviews should include a synopsis and your opinion of the article. The submission is to be double spaced using a 12 point font and will be graded based on depth and clarity. You need to include both the name and author of the article. This assignment is due on 04/30/2020 in class.

Consider the following two-player game:

(a) Find all pure strategy Nash equilibria of this game.

(b) Consider the following procedure of iterated elimination of weakly dominated actions : all weakly dominated actions of each player are eliminated at each stage. What are the action profiles that survive this procedure in the above game?

I have no problem with solving (a) but (b) is so difficult. This is a question From Osborne's An introduction to game theory. Excercise 391.1. Even though there's a solution available at Chegg, I can't follow the explanation.

Why does the assumption in the Contested Exchange lead to results that contradict the basic labour market model.

Suppose you have been tasked with regulating a single monopoly firm that sells 50-pound bags of concrete. The firm has fixed costs of $30 million per year and a variable cost of $6 per bag no matter how many bags are produced.

Instructions: Enter your answers as whole numbers. In part e, round your answer to 2 decimal places.

a. If this firm kept on increasing its output level, would ATC per bag ever increase?

  (Click to select)   Yes   No

     Is this a decreasing-cost industry?

       (Click to select)   Yes   No

b. If you wished to regulate this monopoly by charging the socially optimal price, what price would you charge?

___ per bags

     At that price, what would be the size of the firm’s profit or loss?

At that price, the firm's ___ equals ___ million

     Would the firm want to exit the industry?

       (Click to select)   Yes   No

c. You find out that if you set the price at $7 per bag, consumers will demand 30 million bags. How big will the firm’s profit or loss be at that price?

Answer: ___

d. If consumers instead demanded 40 million bags at a price of $7 per bag, how big would the firm’s profit or loss be?

At that price, the firm's ___ equals ___ million

e. Suppose that demand is perfectly inelastic at 40 million bags, so that consumers demand 40 million bags no matter what the price is. What price should you charge if you want the firm to earn only a fair rate of return? Assume as always that TC includes a normal profit.

Answer: ___ per bag