Consumer Choice Exercise 1. Function U allows us to know how that agent orders different combinations of goods x e y according to his preferences. For each of the following representations what is the shape of the indifference curves and what is the marginal rate of substitution (MRS)? What does that tell you about the agent’s preferences? a. U x 2 y x y b. U min ‚ 3 4 c. U xy d. U x 2 y Exercise 2. Consider the following utility functions: a. U ( x‚ y) ( x
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Leonardo Da Vinci is a world famous Italian painter‚ sculptor‚ architect‚ musician‚ engineer‚ and scientist. His interest for the things around him and the research was the major point of his artistic and scientific accomplishments. His creations in painting influenced Italian art centuries after his death and his scientific studies in anatomy‚ optics and hydraulics. He has helped made many developments of modern science. His famous paintings for example the Mona Lisa and the
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“Maria Llena de Gracia” I chose to watch “Maria Llena de Gracia”. This was a touching movie about a young‚ Hispanic girl who grew up in Colombia. For work‚ Maria strips thorns off of roses in a local rose factory. After quitting her job in anger‚ her family insists that she return to work and apologize for her actions. Being poor‚ her family needed her income. Although‚ Maria somewhat rebels. She dates a guy who leads her into being a “drug mule”. A “drug mule” is someone who smuggles drugs within
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Edward de Bono was born in Malta on 19 May 1933.His father‚ Joseph‚ was a Professor of Medicine‚ and was awarded a CBE. His mother‚ Josephine‚ was ine of the first female journalists writing for The Times of Malta. He attended St Edward’s College‚ Malta‚ during World War II and then the University of Malta where he qualified in medicine. He preceded‚ as a Rhodes Scholar‚ to Christ Church‚ Oxford‚ where he gained an honours degree in psychology and physiology and then a D.Phil in medicine. He also
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The Rio de Janeiro Carnival - Rio de Janeiro‚ Brazil The Carnaval in Rio de Janeiro is a world famous festival held before Lent every year and considered the biggest carnival in the world with 2 million people per day on the streets. The first festivals of Rio date back to 1823. The typical Rio carnival parade is filled with revelers‚ floats and adornments from numerous samba schools which are located in Rio. ur number one is Rio Fest. The first records of Carnival festivities in Rio de Janeiro
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The De Soto advertisement is using three of the fifteen emotional tool that are the need to satisfy their curiosity and the need for attention to help the advertisement to became effective to attract consumers. De Soto displays a man who is driving a De Soto car attracts a lot of people around the neighborhood to see it. Kids and adults seem very excited when this brand new car stop near them in this print ad. The slogan under this print ad said 8 out of 10 owners who use De Soto cars are
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contemporary) from Austria. The classical poem I read was De Profundis‚ by Georg Trakl. This poem is about death‚ and specifically a disease. However‚ is not only about death but about his death. He shows it to us by saying: "Spiders look for my heart". A poem that is very different from this one‚ is the poem The Black Death‚ by Matthew Henning. Both poems talk about death and a disease‚ however‚ there is a very big difference. In the poem De Profundis‚ the author talks in a way which shows he does
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On Alain de Botton’s "On Anticipation" Alain de Botton’s main argument on the relationship between anticipation and travel is that while one waits in anticipation of a trip they begin to imagine the most beautiful scenario while often leaving out reality. He also explains how when we are going to travel we tend to leave out the thoughts of the actually travel itself. We see ourselves somehow just showing up to this beautiful destination without having any travel or problems. "In my anticipation
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Las Desaparecidas De Juarez Located in the state if Chihuahua‚ Juarez is the 5th largest city in all of Mexico with almost two million people (Juarez-Mexico). The population of Juarez is not the what people from Mexico and all over the world talk about but instead they talk about the mass murders of young women‚ and female children which rose in numbers since 1993. From the years 1993-2003 there was a reported 265 murders or femicides of women; and an estimate of around 460 to this date (Casa
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Les excès de l’Ecole Classique qui est caractérisée par la rationalité absolue‚ et les insuffisances de l’Ecole des relations humaines ont conduit au développement de nouvelles théories dont l’Ecole de la prise de décision est une illustration. La rationalisation‚ introduite par Taylor‚ a permis d’augmenter la production et a‚ par voie de conséquence‚ libéré les dirigeants des aspects strictement productifs pour leur permettre de s’investir dans le fonctionnement même de leur industrie‚ ce qui les
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