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Why is it important for pilots to monitor their flights at all times on the VATSIM network?

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The following diagram shows part of the layout of an airport. Which of the three locations circled is an acceptable place to connect?

Airport diagram for connection quiz question.

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What is/are the Pareto-Efficient Nash Equilibria? 

Type in the Nash Equilibrium in the format of (Share/Fight, Share/Fight). If there are none, type NA.

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What is/are the Nash Equilibria? 

Type in the Nash Equilibrium in the format of (Share/Fight, Share/Fight). If there are none, type NA.

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Fill in the blanks: if country B plays ‘share’, country A’s best response will be to ____, and if country B plays ‘fight’, country A’s best response will be to . Provide the answers separated by a semi-colon, i.e. FirstAnswer;SecondAnswer.

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Which two of the following statements correctly describe the distinction between substantive and procedural judgments of fairness.
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In the following figure, a new legislation that restricts Angela’s hours of work to 4 hours and sets her minimum pay to 4.5 bushels has moved the allocation outcome from D to F. However, the legislation also states that longer hours are permitted if both parties agree. Based on this information, read the following statements and select the correct two.

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Bruno is a landowner and Angela is a farmer who pays a share of her grain output to Bruno for the use of the land. Angela and Bruno’s feasible frontier is downward sloping and concave, while Angela’s reservation indifference curve is downward sloping and convex (as shown in the figure). If Bruno has all the bargaining power, read the following statements and select the correct one.

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Peter and John have two apples and two oranges to share. The value (utility) of consuming a fruit depends on whether they already have a fruit of the same kind or not, but is independent of the consumption of the other kind of fruit. Their marginal utilities for each fruit are given in the table below. For example, if Peter consumes two apples and John two oranges, then the value of their consumption is 10 + 6 = 16 for Peter and 4 + 3 = 7 for John. Based on this information, select the following allocation that is Pareto efficient.

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The figure shows Angela and Bruno’s feasible frontier and her reservation indifference curve, when Angela would accept any offers strictly better than her reservation position of no work and 2 bushels of government hand-out. Now consider the case where Angela cares about the fairness of distribution, such that she can reject an offer that she considers unfair and choose not to work. In such a case Bruno will also receive no income. Read the following statements comparing the new reservation indifference curve to the reservation indifference curve depicted in the figure and select the correct one.

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