Suppose a tract of land is owned by two landlords, and the permission of one of any of the two suffices to authorize laborers to work on the land. There are 6 laborers. If k of them work on the land they produce f(k) dollars worth of output where: f(0)=2 f(1)=3 f(2)=6 f(3)=11 f(4)=15 f(5)=18 f(6)=20 Is the Shapley Value in the core of the game?

Jing-sheng facilitated a hiring committee for his advertising company. six employees (including two managers) met together to discuss applicants and select the finalists for a copywriter position in the public relations department. although the head of public relations would have the final nod on the candidate that would ultimately be hired, the evaluative work of the committee was very important because this group would send forward those persons they believed would be good work colleagues. in setting up this type of hiring process, the head of public relations was utilizing a(n) style of leadership.a. autocraticb. free-reinc. contingentd. participative

Which of the following has the largest impact on opportunity cost

One of the growers is excited by this advancement because now he can sell more crops, which he believes will increase revenue in this market. as an economics student, you can use elasticities to determine whether this change in price will lead to an increase or decrease in total revenue in this market. using the midpoint method, the price elasticity of demand for soybeans between the prices of $5 and $4 per bushel is , which means demand is between these two points. therefore, you would tell the grower that his claim is because total revenue will as a result of the technological advancement.