Theory of International Trade Problem Set 1 Due time: 5pm September 26‚ 2014 (Friday) Answer all of the following questions. While I encourage you to discuss with your classmates‚ you have to write up your own script. Please hand it in to your TA (Miss Jiuqi Zhao) by the due time via her pageon box on the 9th ‡oor of K.K. Leung Building. 1. Suppose that Home and Foreign have the marginal product of labor shown below. Home Foreign Baseball bats 1/6 1 tennis rackets 1/2 1/4 (a) What is the opportunity
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Problem Set 1 Complete all questions listed below. Clearly label your answers. 1. The receipts and year of release of the five movies with the largest nominal box office revenues‚ along with the CPI data of each year are presented below. Assuming that the receipts for each of the movies were derived during their year of release‚ convert the receipts for each to real dollars for the year 2010 (2010 CPI 230.1). Put the movies in order from largest to smallest real box office receipts and show
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Two Variable Inequalities Melissa Hillard MAT222: Intermediate Algebra (GSQ1331C) Instructor Lisa Wallace August 10‚ 2013 Two Variable Inequalities For this assignment the class was asked to solve problem 68 from page 539 of our textbook Elementary and intermediate algebra (Dugopolski‚ 2012). Problem 68 tells the number of refrigerators and TV’s that will fit inside of an 18 wheeler truck. The class is asked to write an inequality to describe the region of the graph that is shaded in
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Problem Set 1 Ben Polak‚ Econ 159a/MGT522a. Four Questions due September 19‚ 2007. 1. Strictly and Weakly Dominated Strategies? What is the de nition of a strictly dominated strategy? What is the de nition of a weakly dominated strategy? Give an example of a two-player game matrix where one player has three strategies‚ one of which is strictly dominated; and the other player has three strategies‚ one of which is weakly (but not strictly) dominated. Indicate the dominated strategies. 2. Iterative
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Inequality Equation: 12x + 15y ≤ 3000 (1). 12x+ 15(0) 15y ≤ 3000 (2). 12(0) + 15y≤ 3000 12x ≤ 3000 15y≤ 3000 12x / 12 ≤ 3000/12 15y / 15 ≤ 3000/15 12x ≤ 250 15y≤200 The problem 46 on page 240 in the text book‚ Elementary and Intermediate Algebra asks that I evaluate an inequality equation that can satisfy the Ozark Company needs. (Dugopolski‚ M. 2012 )The paragraphs ask for an inequality that can allow the company to use 3000 board feet of maple lumber. Of the 3000 board feet of
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Problem Set 1 Problem 1 Which project should the firm select? Why? Project B: Managers should try to maximize their stock’s intrinsic value while also bringing in revenue. The P/E ratio shows the dollar amount investors will pay for $1 of current earnings. Problem 2 If most investors expect the same cash flows from Companies A and B but are more confident that A’s cash flows will be closer to their expected value‚ which company should have the higher stock price? Explain. The primary
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Machine Learning Fall 2014 Problem Set 1 Joon Hee Choi Handed In: 09/14/2014 Review Questions 1. 2. 3. • ∂f ∂x = 6x − y − 11‚ ∂f ∂y • ∂f ∂x = 6x − y − 11 = 0‚ = 2y − x ∂f ∂y = 2y − x = 0 ⇒ x = 2‚ y = 1 ⇒ (x‚ y) = (2‚ 1) • (a) n = 2 w1 x1 and x = . Then‚ w2 x2 wT x + b = w1 x1 + w2 x2 + b = 0 ⇒ −x1b + Let w = w1 x2 − wb =1 2 (b) n = 3 w1 x1 Let w = w2 and x = x2 . Then‚ w3 x3 T w x + b = w1 x1 + w2 x2 + w3 x3 + b = 0 ⇒ −x1b + −x2b + −x3b = 1 w1 w2 w3 x1 w1
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1. A line passes through the points (–3‚ –3) and (–1‚ 3). What is the slope of the line that passes through the two points? Hint X -3 -1/3 3 1/3 2. A line passes through the points (3‚ –4) and (7‚ 12). What is the y-intercept of the line? Hint X (0‚ 4) (4‚ 0) (0‚ –16) (–16‚ 0) 3. Consider the following system of equations. y = 8x - 8 y - 8x = 7 What can you conclude about the system of equations? Hint X The system of equations is inconsistent. The system
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YOUR NAME:_______________________________ YOUR TAs NAME:___________________________ YOUR DISCUSSION #_____________ THE GEORGE WASHINGTON UNIVERSITY Department of Economics Economics 011 Section 14 Prof. Steve Suranovic Fall 2012 Problem Set #2 – Answers Answer all of the following questions from the book and those below. HW #2 is due in class on Wednesday Feb 22nd . A. Questions from Text and Readings R&T Chapter 2-5 (online)‚ Chapter 2.4 Review and Practice (in printed textbook);
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Quadratic equation In elementary algebra‚ a quadratic equation (from the Latin quadratus for "square") is any equation having the form where x represents an unknown‚ and a‚ b‚ and c represent known numbers such that a is not equal to 0. If a = 0‚ then the equation is linear‚ not quadratic. The numbers a‚ b‚ and c are the coefficients of the equation‚ and may be distinguished by calling them‚ the quadratic coefficient‚ the linear coefficient and the constant or free
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