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Consider an economy with two individuals A and B, with utility functions UA = min[x^A, 2y^A] for A and UB= min[2x^B, y^B] for B and initial endowments given by WA= (1,0) and WB=(0,1). Check if goods are gross substitute and using this information comment whether the Walrasian equilibrium will be unique in this context.
What is utilitarianism?
INDICATE HOW A PHILOSOPHY OF EDUCATION BASED ON SYSTEMS THEORY WOULD INFLUENCE YOUR CLASSROOM PRACTICE.
Discuss what organisations can do to promote flourishing in the workplace
After graduation, you work as a Financial Analyst in a reputable multinational company in Kuala Lumpur. Your superior has assigned you a new task. You are required to analyse the following bonds. Company | Petron Berhad | Shell Corporation Coupon rate per annum | 10% | 10% Maturity in years | 15 | 10 Face value per bond | $1,000 | $1,000 Yield to maturity per annum | 11% | 13% Current selling price per bond | $900 | $1,100 Based on the above information, you are required to: a) Compute the current bond prices for both companies if the interest payment is once a year. b) Based on the above result, provide your conclusion. c) Discuss three main differences between conventional bond and Islamic bond
How might one argue for Divine Command Theory? How might one argue against Divine Command Theory?
Epicurus philosophy is based on:
The philosophic ideas ‘reincarnation’ has been influenced in which part of India?