Q: #3. Hannah gets 50 utils from visiting her family for Thanksgiving. But there is a 1% chance that…
A: Total utility= 50 utils Chance to get virus and utility= 1% and -6000 utils
Q: 1. You are the coordinator of a nonprofit that distributes donated items to three local homeless…
A: Since there are multiple questions, only the first question will be answered here. If you want…
Q: Most transactions could be viewed as examples of asymmetric information since consumers typically…
A: Asymmetric information occurs where the information is not equally distributed between buyer and…
Q: Pls select the correct option and explain it in 7-8 sentences.
A: The exchange rate is the rate at which one currency would be exchanged for another currency. The…
Q: Alex sells high quality toasters that cost him 2000 while Allan sells low quality toasters that cost…
A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: Given that this is , you play the final round of the game. (Hint: Enter a negative sign if the…
A: The expected-payoff is the payoff that is expected to be gained after knowing the probability of…
Q: have 1 competitor in the market, what is the best strategy to maximize profits?
A: By definition, a monopoly infrastructure implies there is just a single merchant in a business…
Q: 9. A dealer decides to sell an antique automobile by means of an English auction with a reservation…
A: A dealer decides to sell an antique automobile by means of an English auction with a reservation…
Q: 3 Define /identipy esues with double countin
A: A) Double-entry bookkeeping is just utilizing two entries for each translation that happens, so one…
Q: A wife and her husband choose to go to Bach or Stravinsky concert. Wife has incomplete information…
A: The first matrix when the husband is romantic is: P(R) = 2/3
Q: Discovery includes all of the following except: depositions requests for admission O interrogatories
A: Discovery means a pre-trial process in it each party can get proof from the other party by using…
Q: 1. A uniform price auction is an auction where all the winners pay the same price. A k-th price…
A: Since, the winner of the auction will be decided on the basis of the highest bids and the highest…
Q: A dealer decides to sell a rare book by means of an English auction with a reservation price of 54.…
A: Answer in Step 2
Q: 9. . There are two players. . The payoffs to player 2 depend on whether 2 is a friendly player (with…
A: Game theory is the study through which decision making is facilitated when there are multiple…
Q: Suppose an accident will cause $200 in damages if it occurs. Assume that potential injurers can…
A: Negligence standard (B) can be calculated by using the following formula. The value of P is denoted…
Q: 4. ABC hotel in Ottawa has 20 rooms. Based on the past date, the hotel man- ager estimates t 15%…
A:
Q: For each of the following purchases, say whether you would expect the degree of imperfect…
A: A market efficiency depends upon various factors in which one of the major determinant of market…
Q: "Information asymmetry is detrimental for decision-making in the marketplace and hence is a market…
A: It happens when one side to a business transaction has more material information than the other.…
Q: 64. (This problem assumes knowledge of the basic rulesof baseball.) George Lindsey (1959) looked at…
A: a) Bunting is an idea to deaden the ball so that base runner can advance or hitter can get the first…
Q: What would you expect the relationship to be between selling a high-risk product and a low-risk…
A: When talking about personal selling, it is the form of business in which an individual or am…
Q: Imagine a market for used computers. There are two types of computers: good and bad. Also imagine…
A: Because buyer thinks that computer would be a bad computer,therefore seller would set the price as…
Q: Find ALL separating perfect Bayesian equilibria of the following extensive form game with imperfect…
A: This is an example of a signaling game.
Q: Firms A and B are contemplating whether or not to invest in R&D. Each has two options: “Invest”…
A: I) If Firm A and Firm B invest, there is a 0.25 probability that Firm A will become a monopolist and…
Q: 1.) You have determined that if Generics Manufacturer A prevails against the government in court,…
A: 1) It is given that the shares trade at $55 and also the worth of shares in cases of winning or…
Q: In the final round of a TV game show, contestants have a chance to increase their current winnings…
A: The winning amount increases from $1 million to $2 million. Wrong guess decreases the amount to…
Q: 5 What is the z-score that bounds a tail area of 0.15? a 1.10 b 1.07 c 1.04…
A: According to Z table, the closest value to 0.15 is 0.14917 at 1.04.
Q: Jerry plans to buy a new Bluetooth headset. He knows that the same product is offered in different…
A: It would cost an extra $1 to search once more, and he would only have two opportunities to get in.…
Q: m x1 = 10 + 10р1 If income is 200 and product is sold for price of 10, subsitition and income effect…
A: The income effect is the change of consumption of a good due to a change in income. The substitution…
Q: R(x)= -0.956x^2 + 157x C(x)= 50.8x + 73.4 P(x)= R(x) - C(x) P(x)= -0.956x^2 + 106.2x - 73.4 What…
A: Break even point is a level of production where the firm makes neither a profit nor a loss. The…
Q: Hayfever Farms is an 80‑acre hay farm in Colorado. Due to the legalization of marijuana production…
A: The profit is the excess revenue made by the firm which is obtained by deducting the total cost of…
Q: Company X is going to buy a total of 4 ads. They are going to advertise in the newspaper or on the…
A: Advertisement: the advertisement is the business tactic through which a business entity maximizes…
Q: Hannah gets 50 utils from visiting her family for Thanksgiving. But there is a 1% chance that she…
A: In economics, utility refers to the want satisfying power of a commodity. The two main concepts…
Q: Consumers are willing to pay a higher price for a brand-name product as opposed to a generic product…
A: Consumers make decisions based on all the information available and past experiences.
Q: 3.Students A and B decide whether to clean the dormitory. Regardless of whether the other party…
A: GIVEN Students A and B decide whether to clean the dormitory. Regardless of whether the other…
Q: Which of the following is true about standard deviation? The first step in calculating the…
A: Standard Deviation is used to measure the dispersion of data with relation to mean.
Q: Mete is Esra's boyfriend. Esra is expecting a marriage proposal from Mete. Today is Sunday. Mete…
A: Mete has given the following hints to Esra : (1) The day and time of proposal - he is going to…
Q: 1. Bothers John and Jason Rogers are trying to establish Illinois RiverHawk Floats to offer rafts…
A: Monthly cost of leasing 1 rafts= $415 1 raft is rented to customer for= $25 50 Rafts are rented to…
Q: An investor with a total wealth of $100 is faced with the following opportunities. First, he may…
A: Given: Total wealth = $100 In good times, the investment would receive = $144 In good times, the…
Q: The regular air fare between Boston and San Francisco is 419. An airline using planes on this route…
A: Total revenue is maximized when marginal revenue is zero.
Q: What is absorption approach ?
A: Macroeconomics: It is related to the whole economies.
Q: 10 9 8 7 1 1 3 4 5 6 9 10 DISTANCE (Inches) The green (upper) triangle has an area of 7 inches . The…
A: In a graph, the area of triangle is used to make different types of analysis in different fields…
Q: 7) Manager B Effort Level Chance of success Cost of effort High Effort 0.6 100,000 Routine Effort…
A: We are going to discuss the concepts such as Incentive compatibility constraints and Participation…
Q: At most airports, the potential for increased revenues is marginal. True False.
A: Answer-
4.5 same thing as 4.4 how do i show this with little information they gave me
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 1 images
- I'm having trouble answering questions 3 and 4.Please do not provide answer in image formate thnak you.A clothing store and a jeweler are located side by side in a shopping mall. If the clothing store spend C dollars on advertising and the jeweler spends J dollars on advertising, then the profits of the clothing store will be (36 + J )C - 2C 2 and the profits of the jeweler will be (30 + C )J - 2J 2. The clothing store gets to choose its amount of advertising first, knowing that the jeweler will find out how much the clothing store advertised before deciding how much to spend. The amount spent by the clothing store will be Group of answer choices $17. $34. $51. $8.50. $25.50.
- A merchant who sells newspapers and magazines at the corner kiosk heard you manage the Times’ inventory and asks for your advice. She has a small, variable number of customers who daily purchase the Chicago Sun Times. In order to get the newspapers in time, she has to place an order for the next day’s newspapers before noon. She pays $0.50 for each newspaper and sells them for $1.50 each. She has kept detailed records of her past sales of the Chicago Sun Times and estimates that 10% of the time she sells 10 newspapers, 40% of the time she sells 11, 30% of the time she sells 12, and 20% of the time she sells 13. (a) What is the merchant’s marginal profit and marginal loss? (b) Determine how many Chicago Sun Times newspapers she should buy every day to maximize expected profits. (c) Calculate the merchant’s expected profits for the optimal order quantity. (d) The merchant has always purchased 13 newspapers, thinking that the best way to maximize profits was to always meet the demand.…Answer correctly with in 50minutesFirst Fiddler's Bank has foreclosed on a home mortgage and is selling the house at auction. There are three bidders for the house, Ernie, Teresa, and Marilyn. First Fiddler's does not know the willingness to pay of these three bidders for the house, but on the basis of its previous experience, the bank believes that each of these bidders has a probability of 1/3 of valuing it at $600,000, a probability of 1/3 of valuing at $500,000, and a probability of 1/3 of valuing it at $200,000. First Fiddler's believes that these probabilities are in de pendent among buyers. If First Fiddler's sells the house by means of a second- bidder, sealed- bid auction (Vickrey auction), what will be the bank's expected revenue from the sale? (Choose the closest option.) The closest option is 448, 148. Please explain in details thank you.
- PLEASE SHOW CORRECT ANSWER TRUE OR FALSE1 2 3 answer onlyCompany X is going to buy a total of 4 ads. They are going to advertise in the newspaper or on the radio. The more ads they buy the more customers they have based on the following schedule. Number of Ads Total new customers from newspaper ads Total new customers from radio ads 0 0 0 1 100 200 2 180 320 3 220 390 4 240 400 In this case, the best strategy is to buy newspaper ads and radio ads. Enter whole numbers.
- Please show all the steps and answer ASAP. I will rate your answer positivelySo I have done this question multiple times but I only get it half right, It's at the end where I get the answer wrongPortsmouth Bank has foreclosed on a home mortgage and is selling the house at auction. There are three bidders for the house, Emily, Anna, and Olga. Portsmouth Bank does not know the willingness to pay of these three bidders for the house, but on the basis of its previous experience, the bank believes that each of these bidders has a probability of 1/3 of valuing it at $600,000, a probability of 1/3 of valuing at $500,000, and a probability of 1/3 of valuing it at $200,000. Portsmouth Bank believes that these probabilities are independent among buyers. If Portsmouth Bank sells the house by means of a second- bidder, sealed- bid auction (Vicktey auction), what will be the bank's expected revenue from the sale?