Task File: PSet_Welfare_Theory of the Firm
- The final deadline is 10AM (GMT-4), Oct.6, 2020. Any answers submitted after the deadline will not count toward the grade, so any extension is not possible.
- No detailed explanations are needed, but basic explanations and clear equations should be added, when necessary, for the grader to follow the logic.
- The answers should be typed out using the same notation system as the questions.
- Please refer to the lecture slides, Chapters 3-5 of Microeconomic Theory by MWG, and Chapters 12-13 & 9 by Kreps (both can be easily found online) for reference. I will send out more slides once they are available.
- Questions may be subject to revision. I will send out the updates from the instructor.
- Please list your references when directly citing any material.