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Q1. Assume your elasticity of demand for your parking lot spaces is -2 also price is $8 per day. If you Marginal Cost are zero also your capacity is 80percent (%) full at 9am over the last month, are you optimizing?
Q2. One unit of object is going to be sold via auction. There are two bidders, A also B. Their willingness to pay are known to be either of 10, 20,30,40,50 also bids are also restricted to those values. Assume A's WTP is 20 also B's is 40. Ties are broken by coin flip also assume they are risk neutral.
(1) Consider the first price auction. Write down the payoff matrix also find all Nash equilibrium
Wilpen plans to charge a wholesale price of $1.65 per can. As the average value of tennis racket is $110, and average household income of consumer is $24,600.
Afterward on same day Jane Harris discussed a loan for $5400 at same bank. Exemplify after these transactions, the supply of money.
its marginal costs are below total average costs. If it creates an additional watch where its average total costs rise -fall or stay the same.
Is the student necessarily better or worse off than before from such a transfer implied by consultant A.
Illustrate what output does the low point of ATC occur and illustrate what is the ATC at that output. Explain how your calculations.
Calculate the purchasing power parity exchange rate between the Swiss franc and the dollar. Based on your calculation, is the SF overvalued or undervalued.
If the returns of the risky portfolio are normally distributed, what is the probability of returns being less than 29%.
Discuss how you would explain what this class was about to a friend of yours pondering taking the same class.
Examine the key factors affecting the demand for and the supply of a good or service
Illustrate what is Consolidated Company's total profit under this condition.
Consider an economy where there are N consumers, each of them having one unit of available time.
Apply the decision-making model developed. What are the basic steps in all types of decision making processes.
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