1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Tomtit [17]
4 years ago
15

If the bidders at a first-price auction have true values of $78, $72, $66, and $65, the item will sell for a. ​$78 b. ​$72 c. ​j

ust over $72 d. ​Just above $78
Business
1 answer:
Diano4ka-milaya [45]4 years ago
7 0

Answer:

a. ​$78

Explanation:

In a first-price auction, all bidders simultaneously submit sealed bids, with that approach, no bidder knows the bid of any other participant and then the bidder with the highest bid purchases the item for the specified amount. If the highest value is $78, the item will sell for exactly $78.

You might be interested in
Julie has just retired. Her company’s retirement program has two options as to how retirement benefits can be received. Under th
evablogger [386]

Answer:

1.the present value for the following assuming that the money can be invested at 11% is $1,209,346.73

2.if she can invest money at 11%, I will recommend that she accept the first option of taking a lump sum of $150000

Explanation:

a) using the compound interest formula

A= p[1+r%]^n

P= $150000 n=20 r=11%

A= 150000[ 1+11/100]^20

A=150000[1.11]^20

A=150000 ×8.062311536

A= $1,209,346.73

2. The first option will give her $1,209,346.73 and the second option will give her ($14,000 ×20)+$60,000= $340000

Therefore the first option is better to accept because she will make more money in the first option than in the second option.

6 0
3 years ago
Clinicians and researchers seek to more efficiently and rapidly complete the cycle of bench to bedside to bench. these efforts a
DerKrebs [107]
These efforts are termed TRANSLATIONAL PHARMACOLOGY.
Translational pharmacology refer to the process by which researchers move the results of molecular and cell pharmaceutical research to the patients in the clinical settings who need the drugs and the evaluation of observed symptoms exhibited by the patient after the drugs are administered.
8 0
3 years ago
A licensed _______________ must display his or her license conspicuously in the principal place of business at all times.
creativ13 [48]

Answer:

Broker

Explanation:

A licensed broker must dispaly his or her name boldly in their primary place of business at all times becasue it helps to identify a broker quickly as well as has gives confidence to customers to transact business with them.

Cheers.

3 0
3 years ago
A bond has a Duration (not Modified) of 4.2 years and is priced at 99.50. Its yield is 3%. How much will its price change if the
saw5 [17]

Answer:

1.22%

Explanation:

The modified duration of the bond gives an indication of change in price due to a 1% change in the yield to maturity,hence, the bond modified duration is computed using the formula below:

modified duration=Macaulay Duration/(1+YTM)

Macaulay Duration=4.2

YTM(initial)=3%

modified duration=4.2/(1+3%)= 4.08  

That for 1% change in yield to maturity price would change 4.08%

0.3% change in yield(3.3%-3%)= 4.08%*0.3%=1.22%

4 0
3 years ago
During the recent​ recession, several European countries proposed austerity measures that would help shrink the size of the nati
antiseptic1488 [7]

Answer: Option A

Explanation:

In Europe during the recession the policy rate of the banks like LIBOR and EURIBOR etc were already very close to zero so unlike United states of america they were not able to decrease the rate further. The monetary policy of Europian banks and authorities saw a major failure in that period.

7 0
4 years ago
Other questions:
  • Suppose that the Fed undertakes an open market purchase of $25 million worth of securities from a bank. If the required reserve
    13·1 answer
  • You purchased shares of a mutual fund at a price of $20 per share at the beginning of the year and paid a front-end load of 5.75
    10·1 answer
  • Sufra Corporation is planning to sell 150,000 units for $2.00 per unit and will break even at this level of sales. Fixed expense
    6·1 answer
  • Which of these could result from decreased federal spending?
    11·2 answers
  • Which of the following would be counted in this year's GDP
    10·1 answer
  • What are the positive and negative aspects of taxation?
    9·1 answer
  • I need everyone to answer this before it gets deleted:
    8·1 answer
  • &Isquo The long coastline of India provides it a strategic location &rsquo. Explan​
    9·1 answer
  • Many influential economists, politicians, and business leaders think that a shift toward a more integrated and interdependent gl
    14·1 answer
  • El 5 de diciembre se solicitó un préstamo por USD.275,000, negociado al 6.5%
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!