Unit Seven Section A: A Rose Is a Rose Warm-up questions: 1. What gift will you choose to give your lover on Valentine's Day? And why? 2. Do you know the origin of Valentine's Day?
A1 Husbands Wives Redefinition and adjustment of both husband's and wife's needs and values in contemporary British society. The effects of newly-emerging work patterns upon the roles of husbands and wives within the family
1. Asymmetric auctions Consider an interdependent-values auction with two bidders, each of whom observes an i.i.d uniform signal s; E [ 0, 1]. Bidder i' s valuation for the object is equal to
8.1. Independent Firms The downstream firm's problem is max(a-bxc-wT The upstream firm's problem is max(a-2b)3-cr The output is 8.2. Integrated Firm Suppose now that the two firms merge into one firm. This firms problem is max(a-by)y