Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question: Suppose two business partners get together and they consider a project. The partner B has an established reputation for being reliable, but the partner A does not. B initially believes that A is reliable with probability 1/2. A knows his own type. If the project goes through and A is reliable, both parties earn 2. If the project goes through and A is unreliable, then A gains 1 and B loses 1 from it (think of A simply stealing the money). If the project does not go through, neither party earns anything from the project. The process of negotiation goes as follows. First, A has an opportunity to signal by taking an action (having a downtown office location, taking the business partner for an expensive dinner/trip, etc.) that costs it x from the interval [0, 2]. Second, B decides whether the project goes through or not. Give an example of an equilibrium (how much x is chosen by the reliable A and how much x is chosen by the unreliable A) in which B is able to distinguish the type of A from the amount of x.
What is a normal profit and what is an economic profit? Explain your answer using examples. Are normal profits being earned in this example? Are economic profits present for this firm in this example? Explain your answers.
The election of a new Congress causes consumer confidence to soar as expectations of future economic growth are solid.
(1) SignalingA high quality worker, G1, and a low quality worker, G2, apply for a 4-year position at aconsulting firm. Both ponder going to college for 4 years to signal high quality. G1 incursno cost other than tuition of $50,000 per year. G2..
Describe the business and its likely main competitors - How would you structure your advertising and customer service to differentiate your product/service and How easy would it be for new competitors to enter your market and erode your customer base..
ARKO oil company purchased two large compressors for $125,000 each. One compressor was installed in the firm's Texas refinery and is being depreciated.
Leading up to the crisis of 1997, Thailand had a current account deficit and an economy that was close to full employment, but possibly somewhat above full employment (i.e. there were signs of inflation starting). Where would you put Thailand on t..
Define the following terms/concepts and their significance for G&B relations: leadership association, trade association, and specialized business association. Emphasize the differences among these concepts in your definitions.
The following table provides a probability distribution for the random variable x. Compute s, the standard deviation of x (to 2 decimals)
Holding other factors constant, by how much will taxes need to be cut to bring the economy to equilibrium at potential GDP?
a firm you has to decide whether or not to enter a market which is serviced by a monopolist. currently the monopolists
What are the equilibrium rent and the quantity of housing rented? If a rent ceiling is set at $600 a month, what is the rent paid?
Entrepreneurs shift capital and labor across industries in pursuit of profit. Let's look at this a little more closely. Suppose there are two industries.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd