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Restate the problem in your own words to make sure you understand the question. Think of the steps to go from the information given in the question to what the question is asking you. If stuck, think ...
This problem serves as a vehicle with which to demonstrate how to use Microsoft Excel to solve optimization problems and do comparative statics analysis. The Comparative Statics Wizard is an Excel add ...
When faced with a challenge or problem, one of the best first steps in solving - even before you start thinking-up possible solutions - is to examine and restate the problem. As Morgan D. Jones writes ...