Friedman and Johnson (1997) show that for a wide range of dynamic optimization problems, supermodularity is both necessary and sufficient for monotone static results. In the present context, this implies that our supermodular model requires the minimum set of assumptions to obtain monotonicity in the optimal decision variables.
2
The evidence presented here needs to be supplemented with information about inter- and intrafamily income transfers. This issue was addressed in a follow-up survey, but analysis of the results is not yet complete.
Answer:
aw man I was just gonna copy it from the internet till you said ""it have to be in your opinion .""
Explanation:
(just here for my points btw)
Learn more of your grammer
**NOT trying to be rude or anything**
xd
Answer: B. To break the Venetian and Arab-Asian trade monopoly before Spain.