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Write short-notes on the following:
- Stopler-samuelson model
- Rybczynski Theorem(RT)
- H-O theorem
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Solved in 2 steps
- Analyse the main proposition of the Heckscher-Ohlin theory and StolperSamuelson theorem.What are the shortcomings of the grossman modelSuppose that in the model of Myers and Majluf (1984) the parameters take on the following values: λ = 0.60, H = 3, L = 2, I = 1.0, R = 1.25, r = 10 per cent. Use the above data and answer the following questions: (a) Does the model have a separating equilibrium, a pooling equilibrium, or both? (b) Based on your answer to question (a), what is the gain in wealth of the current shareholders of a firm that announces the issuing of new shares to finance the project of investment?
- In the Heckscher–Ohlin model,describe the Heckscher–Ohlin theorem input version and the output version first, and explain the differences and similarities between the two theories.Explain the concept of Testing Hypotheses on Two or More Coefficients?QUESTION 14 Use the table below to create a nonlinear model based on the table to answer the following question(s). The Atlas Movies Theater is planning to reprice their ticket rates to maximize revenues. They have three classes of tickets: Classic, Silver, and Gold. The table below provides information on the average ticket sales, revenue and price elasticity on demand. They have a total seating capacity of 300. The table also provides the price range within which they plan to reduce their ticket rates. Atlas Movie Theater Ticketing Ticket Class Classic Silver Gold Current Rate 8.45 13.25 17.5 Total Capacity 300 $12.50 O $12.17 Average Daily Sold 150 80 30 Elasticity Price Range 6.5 11.5 15.5 -1.3 -2.25 -1.1 7.5 12.5 16.5 According to the nonlinear model, what is the new price for Silver tickets? O $12.06 $7.40
- In attempting to formulate a model of the passenger arrival data on cruise ships over time would a nonlinear (perhaps a multiplicative exponential) model be preferable to a linear model of cruise ship arrivals against time? What about in the case of the passenger arrivals by ferry against time?What are the assumptions of say's lawHello What is the Euler equation used for in this model in equation 7. This is a model from asset pricing. c_t = Consumption U = Utility