Consider an exchange economy with two agents, A and B, and two goods. Agent A has preferences U A(x A, yA) = x A + αlnyA and starts with an endowment consisting of α units of good x and α units of good y. Agent B has preferences U B(x B, yB) = x B + βlnyB and starts with an endowment consisting of β units of good x and 1 unit of good y. (a) Determin agent A’s and agent B’s demand functions for each good. (b) Find the Walrasian-equilibrium price and allocation. (c) What would be the Walrasian-equilibrium price and allocation if agent B only has β/2 units of good x and zero units of good y?

Which is the correct expansion of the term internet? a. internetwork b. institutional network c. instructional network d. international network

Jaynet spends $50,000 per year on painting supplies and storage space. she recently received two job offers from a famous marketing firm – one offer was for $95,000 per year, and the other was for $120,000. however, she turned both jobs down to continue a painting career. if jaynet sells 35 paintings per year at a price of $6,000 each: a. what are her accounting profits? b. what are her economic profits?

At december 31, 2016, pina corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 107,810 shares $10,781,000 common stock, $5 par, 4,026,000 shares 20,130,000 during 2017, pina did not issue any additional common stock. the following also occurred during 2017. income from continuing operations before taxes $21,950,000 discontinued operations (loss before taxes) $3,505,000 preferred dividends declared $1,078,100 common dividends declared $2,300,000 effective tax rate 35 % compute earnings per share data as it should appear in the 2017 income statement of pina corporation