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marin [14]
3 years ago
8

You run a small classroom market experiment with only three buyers and three sellers. The willingness to pay​ (reservation value

) for buyer A is​ $7 for each​ unit; for buyer​ B, it is​ $5 for each​ unit; and for buyer​ C, it is​ $3 for each unit. The willingness to accept​ (reservation value) for seller X is​ $2 for each​ unit; for seller​ Y, it is​ $4 for each​ unit; and for seller​ Z, it is​ $6 for each unit. ​1.) Using the multipoint curve drawing tool​, draw the demand curve for this market. Label the curve appropriately. ​2.) Using the multipoint curve drawing tool​, draw the supply curve for this market. Label the curve appropriately. ​(Hit the​ "Esc" key after you have plotted your last point to exit the drawing​ tool) Carefully follow the instructions​ above, and only draw the required objects.

Business
1 answer:
BabaBlast [244]3 years ago
7 0

Answer:

Please see attachment .

Explanation:

Please see attachment .Please note that the sketch for supply and demand curves  are staircase shaped.

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If markets are efficient, what should be the correlation coefficient between stock returns for two nonoverlapping time periods?
S_A_V [24]

Answer: Zero

Explanation:

The Correlation Coefficient measures the relationship between 2 variables under study and ranges from -1 to +1 which -1 meaning that the two are perfectly negatively correlated and +1 meaning they are perfectly positively correlation. A Correlation Coefficient of 0 means that there is no relationship.

An efficient market is one where all information is available to every market participant. This means that one cannot use information from one period to make abnormal profits in another period because all information is available. The Correlation Coefficient will therefore show 0 because information from the previous period is not being used in another period meaning there is no relationship between stock returns.

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3 years ago
Given the following two potential locations to construct an urgent care, use incremental B/C ratio to determine which location,
White raven [17]

Answer:

The incremental benefit cost ratio is less than 1 therefore we must select site 1.

Explanation:

The incremental BCR can be determined using the following formula

\Delta BC_R = \frac{AW_B-AW_D-AW_M}{AW_i}

AW_C=1,000,000(A/P, 8% , 10)

⇒ AW_C= 1,000,000 \times \frac{0.08}{1-1.08^-^1^0}

⇒ AW_2=2,000,000(A/P, 8%, 20)

⇒ AW_2= 2,000,000 \times \frac{0.08}{1-1.08^-^2^0}

⇒AW_C_2 = $203,704.42

Incremental initial investment = 203,704.42 - 149,029.49

= $ 54,674.93

Incremental benefits = 580,000 - 520,000 = 60,000

Incremental O&M = 75,000 - 80,000 = - $ 5000

Incremental Disbenefits = 140,000 - 90,000 =$ 50,000

\Delta BC_R = \frac{60,000-50,000-(-5000)}{54,674.93} \\\\\Delta BC_R=0.2743

All solving using the present worth method also incremental benefit cost ratio comes out to be 0.2743.

The incremental benefit cost ratio is less than 1 therefore we must select site 1.

3 0
3 years ago
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Answer: $25,000

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Given Data:

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Income from trucking coal = $20,000

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Taxable income on call excluding depletion = $40,000

Coal depletion rate = 10%

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brian's percentage depletion deduction for the current year is

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