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:
i have a big explanation that i cant write it here so you should look for someone else if you need a compact one cuz this is brief but it worth it to get points :)
Explanation:
It's basically because people have different ideas and wishes on what to be,they have different opinions on which is better and which isn't the best. Teaching may be people's tea but doctors,engineers,football players,basketball players,why?,even carpenters are people's tea.its not just teaching which is a profession.there are many professions even fashion designers can be some peoples dream and even police officers can be some people's dream it could be anything!
Answer:
The economic concept of scarcity.
Explanation:
In economics, <em>scarcity</em><em> </em>represents the phenomenon of <em>limitless</em> <em>wants</em> suppressed by <em>limited</em><em> </em><em>resources</em>.
In this case, Allie feels she needs $90 shoes while she has not got the resources required to buy them.
This typical economic problem can be solved by moderating one's wants and clearly identifying what is priority from what is not, then intelligently making decisions on what available resources should be spent.
Answer:
to react to and control different situations and settings. In addition, it combines social entities that are important for learning. ... It helps to cultivate communities, associations and relationships that make for a positive learning environment.
