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Consider two investors (A and B) with the following inverse demand functions for a stock:
A:
p = 100 - q
B:
p = 150 - 2q,
where p is the price of the stock and q the quantity demanded.
1. At a price of 50, how much will A and B purchase of the stock, respectively?
2. If the price falls to 30, how will the two investors adjust their holdings?
3. On this basis, which investor seems to be the most overconfident of the two?
Every organization has a culture and a way to get things done. Compare and contrast the roles of managers to the roles of leaders in culture development and strategy execution. Ultimately, what is more important to the success of the firm, having a g..
Airplanes arrive for take-off at the runway of an airport according to a Poisson process at a mean rate of 20 per hour. The time required for an airplane to take off has an exponential distribution with a mean of 2 minutes, and this process must be c..
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Which of these statements about disaster relief supply chains is best?
Hicks, the president and manager of Intermountain Merchandising, wanted to sell the business to Montana Merchandising, Inc. To provide a basis for the transaction, he retained Bloomgren, an accountant, to make an audit of Intermountain. The accounta..
A shirt manufacturer buys cloth by the 100 –yard roll from a supplier. For setting up a control chart to manage the irregularities (i.e. loose threats and tears), the following data were collected from a sample provided by the supplier.
Contract law is a very basic and important part of both our everyday life, and the operation of the business world. List and define the three basic elements that are required to form a legally binding contract.
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You will examine the approaches the manager uses on the job, identify how these approaches are related to theories and concepts in organizational behavior, and prepare a written summary of your findings and assessments.
Evaluate the impact to the U.S. manufacturing industry and make a recommendation on how the U.S. should deal with the practice of currency manipulation.
what is the standard deviation mean and variance of a poisson distribution with an arrival rate of 21 customers per
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