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Elden [556K]
3 years ago
5

You are one of five risk-neutral bidders participating in an independent private values auction. Each bidder perceives that all

other bidders’ valuations for the item are evenly distributed between $20,000 and $60,000. For each of the following auction types, determine your optimal bidding strategy if you value the item at $48,000. a. First-price, sealed-bid auction. Bid $20,000. Bid $42,400. Bid $60,000. Bid $48,000. b. Dutch auction. Let the auctioneer continue to lower the price until it reaches $60,000, and then yell "Mine!". Let the auctioneer continue to lower the price until it reaches $48,000, and then yell "Mine!". Let the auctioneer continue to lower the price until it reaches $20,000, and then yell "Mine!". Let the auctioneer continue to lower the price until it reaches $42,400, and then yell "Mine!". c. Second-price, sealed-bid auction. Bid $48,000. Bid $20,000. Bid $60,000. Bid $42,400. d. English auction. Remain active until the price exceeds $42,400, and then drop out. Remain active until the price exceeds $60,000, and then drop out. Remain active until the price exceeds $48,000, and then drop out. Remain active until the price exceeds $20,000, and then drop out.
Business
1 answer:
dezoksy [38]3 years ago
4 0

Answer:

536,879

Explanation:

cuasenif you add all them up that the anser

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Antonio and Barbara are partners who share income in the ratio of 1:2 and have capital balances of $40,000 and $70,000 at the ti
NikAS [45]

Answer: c. $20,000

Explanation:

The Loss on Realization is monies accrued after assets have been sold off at less than their original value and in Calculating it, the following formula is used,

Loss on realization = Total Capital Balances after payment of liabilities minus - balance

Slotting in the figures therefore we have,

Loss on realization = $40,000 + $70,000 - $80,000

= $30,000 was the total loss on Realization

Seeing as Antonio and Barbara are partners who share income in the ratio of 1:2 we allocate to Barbara as follows,

Barbara = $30,000 * 2/(1+2)

= $20,000

Therefore option C is correct.

6 0
3 years ago
​a man borrows money from an automobile dealership to pay for a car. if he fails to repay the loan, the dealership will take pos
Setler [38]

Select one:

a. ​creditor, collateral, borrower

b. ​borrower, creditor, collateral

c. ​credit union, loan, creditor

d. ​loan, collateral, creditor

Answer: a - creditor, collateral, borrower.

The automobile dealership loans money to the man to buy a car. So, the automobile dealership is the creditor.

Collateral refers to anything that may be pledged in return for money, with the condition that the pledged item will be forfeited if the money is not repaid. Since the dealership will take possession of the car if the man fails to repay the money, it is a collateral.

The man who bought the car, owes money to the automobile dealership as he bought the car on a loan. So, he is a borrower.

7 0
3 years ago
Read 2 more answers
Upon review of the effectiveness of a strategic business decision using evidence-based analytics, business leaders may reverse c
zalisa [80]

Answer: c. The new system contained assumptions that did not consider critical factors such as changes in time zones, travel time across hemispheres, and pilot flying hours

Explanation:

Upon review of the effectiveness of a strategic business decision using evidence-based analytics, business leaders may reverse course.

The factor that led to the reversal of the new scheduling system is that the new system contained assumptions that did not consider critical factors such as changes in time zones, travel time across hemispheres, and pilot flying hours.

8 0
3 years ago
The index weighting that results in portfolio weights shifting away from securities that have increased in relative value toward
Sliva [168]

Answer: B. Fundamental weighting.

Explanation:

A fundamentally weighted index refers to a type of equity index whereby the components that are chosen based on the fundamental criteria like the dividend rates, book value, revenue, dividend rates, etc.

Fundamental weighting is the index weighting which results in portfolio weights shifting away from securities that have increased in relative value toward securities that have fallen in relative value whenever the portfolio is rebalanced.

3 0
2 years ago
Prepare the company’s direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted eac
bekas [8.4K]

Answer:

Answer for the question:

Prepare the company’s direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced. (Round "Direct labor time per unit (hours)" and "Direct labor cost per hour" answers to 2 decimal places.)

is explained in the attachment.

Explanation:

Download pdf
7 0
3 years ago
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