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
Elden [556K]
4 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]4 years ago
4 0

Answer:

536,879

Explanation:

cuasenif you add all them up that the anser

You might be interested in
Suppose that in a particular market, the supply curve is highly elastic and the demand curve is highly inelastic. If a tax is im
kifflom [539]
The buyers will bear a greater burden of the tax then the sellers.
8 0
3 years ago
Kathy reviews her division's quarterly results and sees that some units exceeded goals while others did not. Next, she will atte
Alex777 [14]

Answer:

E. was due to factors within or outside the firm's control.

Explanation:

The purpose of variance analysis is to address the differences between the budgeted and actual performance of the company.

Variance analysis aids in understanding the reasons fluctuations happen with the aim of reducing or avoiding adverse variances, which eventually leads to improved budgeting.

The reason an organisation would want to know if variances were due to factors within or outside the organisation is because they need to address all such variances that are under management control by looking at what could have been differently.

5 0
3 years ago
Read 2 more answers
Decreased interest rates will shift the aggregate demand curve to the _____ and _____ output demanded.
Virty [35]

The aggregate demand curve often shifts to the components of aggregate demand. The Decreased interest rates will shift the aggregate demand curve to the right and increased output demanded.

  • The component that is often shifted are consumption spending, investment spending.

In expansionary monetary policy the central bank often makes the supply of money and loanable funds to increase, this in turn will lowers the interest rate, promoting additional borrowing for investment and consumption, and there shifting aggregate demand right.

The rate of government spending, and often rise.

An aggregate demand curve is known to show the total spending on domestic goods and services at each price level.

Learn more from

brainly.com/question/16876969

7 0
3 years ago
Read 2 more answers
During the second year of the equipment’s life, $21,900 cash is paid for a new component expected to increase the equipment’s pr
Alona [7]

Answer:

   S/N              ACCOUNT                                 DEBIT                  CREDIT

      1             Equipment                                   $22,000

                        Cash                                                                     $22,000  

                    Being payment for new component expected to increase the

                    equipment’s productivity by 10% a year

      2.           Equipment Repairs expenses      $6,250

                       Cash                                                                          $6,250

                    Being payment for equipment repair

     3.            Equipment                                       $14,870

                       Cash                                                                          $14,870

                    Being payment for equipment repair to prolong the useful life

                    the asset

Explanation:

The initial cost incurred in acquiring an asset is debited to asset account, subsequently every other cost spent on the assets are either expenses against the earning of that period or expensed over many years over the useful life of the asset.

Capitalization is the recognition of an expense as an asset in the balance sheet rather than expenses in the income statement.

The payment of $22,000 paid for the equipment productivity must be capitalized, that is added to the cost of the asset because it is a cost that is  expected to increase the equipment’s productivity by 10% a year.

The  $6,250  paid for normal repair is a revenue items which is to be expensed against the earning of that period.

The $14,870 paid for repairs which will increase the useful life of the equipment from four to five years is a capital expenditure which should capitalized, that is added to the cost of the asset.

7 0
3 years ago
Wilbert's Clothing Stores just paid a $1.25 annual dividend. The company has a policy whereby the dividend increases by 2% annua
Anon25 [30]

Answer:

option (C) $1,353

Explanation:

Annual dividend paid = $1.25

Increase in dividend annually, g = 2%

Number of stocks to be purchased = 100

Rate of return, r = 12%

Price at the end of Year 3 = \textup{Annual dividend}\times\frac{\textup{(1+g)}^n}{\textup{r-g}}

here, n = 4 (after 3 years)

Price at the end of Year 3 = \textup{1.25}\times\frac{\textup{(1+0.02)}^4}{\textup{0.12-0.02}}

or

Price at the end of Year 3 = \textup{1.25}\times\frac{\textup{1.0824}}{\textup{0.1}}

or

Price at the end of Year 3 = $13.53

Therefore,

Expected amount to be paid for 100 shares = $13.53 × 100 = $1,353

Hence,

the correct answer is option (C) $1,353

8 0
3 years ago
Other questions:
  • Sxsw utilizes various promotional techniques to reach its target audiences. the use of personal selling, advertising, public rel
    14·1 answer
  • Spencer Co. has a $290 petty cash fund. At the end of the first month the accumulated receipts represent $52 for delivery expens
    6·1 answer
  • A key determinant in the facility location decision is the proximity the site has to the organization's largest customer base an
    8·2 answers
  • Assume Apple shares have a market capitalization of $50 billion. The company just paid a dividend of $0.25 per share and each sh
    5·1 answer
  • You can spend $100 on either a new economics textbook or a new tablet computer. If you choose to buy the new economics textbook,
    10·1 answer
  • During the​ year, credit sales were​ $820,000. Cash collected on credit sales was​ $750,000, and​ $15,000 was written off. Smoot
    10·1 answer
  • Multi domestic strategy- is a strategy in which operating decisions are centralized to each country to enhance local responsiven
    7·1 answer
  • A coupon bond that pays semiannual interest is reported in the Wall Street Journal as having an ask price of 111% of its $1,000
    13·1 answer
  • What is an example of form utility
    12·1 answer
  • What property of detrital sedimentary rocks can be indicative of the energy of sediment transport?.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!