Dispose of liquidated dental laboratory equipment

Assignment Help Business Economics
Reference no: EM131850908

Austin's auctions conducts online auctions on behalf of clients trying to dispose of liquidated dental laboratory equipment. Some clients wan to keep product information about each of the items guarded as possible so as to negotiate from a stronger prosition. Other provide photoss, detialed assessments as well as a complete maintenance record. Which group of clients receive higher prices and why?

Reference no: EM131850908

Questions Cloud

How much must the govt increase taxes : 1. If the govt. wants to decrease RGDP by $40 billion and MPC equals 0.8, how much must the govt. increase taxes?
Evaluate the business case for the proposed investments : Evaluate the business case for the proposed investments in information systems acquisition, development, maintenance and subsequent retirement.
Rent control is an example of a price ceiling : Rent control is an example of a price ceiling. Price ceilings keep prices low for consumers. We can clearly see that landlords are worse off.
Other things held constant would that have on bond prices : what effect, other things held constant, would that have on bond prices and interest rates?
Dispose of liquidated dental laboratory equipment : Austin's auctions conducts online auctions on behalf of clients trying to dispose of liquidated dental laboratory equipment.
Discuss the given homework questions : Keep all underlined and/or bold text as headers, delete all text in italics, as it's instructional. Please use a separate paragraph for each item listed.
Describe the scope and analyze how to control the scope : Describe the scope and analyze how to control the scope. Define relevant terms that will be used throughout project. Identify possible risks and assumptions.
Sets of commemorative coins : The Maximus Mint Company (MMC) each year sells specially made sets of commemorative coins to the general public and coin collectors.
Non-price competition to price competition : Explain why monopolistically competitive firms frequently prefer non-price competition to price competition.

Reviews

Write a Review

Business Economics Questions & Answers

  Production of three different quantities of ditches

Suppose that, for a firm that digs ditches for laying cable or pipeline, backhoes and backhoe operators are pure complements in production, being used on a one-for-one basis. Draw the isoquants for the production of three different quantities of ditc..

  Explain how does it affect consumer-producer surplus

Explain how does it affect consumer surplus, producer surplus, government revenue, and total surplus. Is it a good policy from the standpoint of economic efficiency.

  What is the equal payment series

What is the equal payment series for 10 years that is equivalent to a payment series starting with $30,000 at the end of the first year and decreasing by $3,000 each year over 10 years? interest is 8% compounded annually.

  Describe the conceptual challenge of social entrepreneur

Summary of main points, lessons learned and recommendations - Create a five page essay

  An end-of-aisle price promotion changes the price elasticity

An end-of-aisle price promotion changes the price elasticity of a good from -2 to -3. If the normal price is 10, what should the promotional price be?

  Omi and winant say that race is a social concept

Omi and Winant say that race is a social concept, not a biological one. Explain this idea and how it relates to the readings by Brodkin, Ngai, Sethi, Portes

  Market equal to marginal cost and average total cost

In the long run with free entry and exit, is the price in a market equal to marginal cost, average total cost, both, or neither?

  Determining the car purchase price

Sam can afford to spend $500 per month on a car. He figures he needs half of it for gas, parking, and insurance. He has been to the bank

  What would drive the market toward the equilibrium

If the actual price in this market were below the equilibrium price, what would drive the market toward the equilibrium.

  What happens to employment in a competitive firm

What happens to employment in a competitive firm that experiences a technology shock such that at every level of employment its output is 200 units/hour greater than before?

  Find the marginal profit

The profit in dollars from the sale of x expensive watches is Px=0.03x2?3x+2x0.3?5000. Find the marginal profit when (a) x=300, (b) x=2000, (c) x=5000, and (d) x=10,000.

  Use the lagrangian method to calculate the output mix firm

A firm produces two goods: widgets (X) and woozles (Y). Its profit function is given by: Π = 55X – 2X2 – XY – 3Y2 + 100Y and its maximum output capacity is X + Y = 17. Use the Lagrangian method to calculate the output mix the firm should produce. Est..

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd