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
r-ruslan [8.4K]
3 years ago
7

Consider an auctioneer who is selling an item through an auction. It is known that the 25 risk-neutral bidders have affiliated v

alues that are distributed between $0 and $500 million. Based on this information, the auction type that will maximize expected revenue is:____.
1. English auction.
2. second-price, sealed-bid auction.
3. first-price, sealed-bid auction and Dutch auction.
4. English auction and second-price, seal-bid auction.
Business
1 answer:
ratelena [41]3 years ago
3 0

Answer:

2. second-price, sealed-bid auction.

Explanation:

In the given situation, it is mentioned that there is 25 risk -neutral bidders that contains the affiliated values and the same is to be allocated between $0 and $500 million

So, here the type of an action that could maximize the expected revenue is the second price i.e. sealed bid auction as in this the bidder provides the maximum price that received the good in the second maximum price

Therefore, the second option is correct

You might be interested in
Keep-or-Drop Decision Petoskey Company produces three products: Alanson, Boyne, and Conway. A segmented income statement, with a
MAVERICK [17]

Answer:

Profit will reduce by $28,000

Explanation:

The impact on profit that would result from dropping Conway is shown below:-

                            Alanson            Boyne       Conway    Total

Sales revenue      $1,024,000     $185,000       -      $1,209,000

                               ($1,280,000 × 80%)

Less

Variable expenses  $892,000      $45,000         -      $937,000

                                 ($1,115,000 × 80%)

Contribution margin$132,000   $140,000 $ -    $272,000

Less:

Direct fixed expenses

Depreciation          $50,000        $15,000        $10,000  $75,000

Salaries                $95,000        $85,000            $ -       $180,000

Segment margin   ($13,000)     $40,000    ($10,000)  $17,000

Existing Profit                                                                    $45,000

Profit will reduce by                                                        $28,000

6 0
3 years ago
When leaders of an organization compete and debate for scarce resources. They are operating within which frames of reference?
natali 33 [55]

SAJDJKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKDSAAAAAAAAAAAAA

6 0
3 years ago
Watson Company has monthly fixed costs of $83,000 and a 40% contribution margin ratio. If the company has set a target monthly i
Rudik [331]

Answer:

$245,000.00

Explanation:

The amount of sales revenue to be made to achieve target profit is computed as follows:

<em>Sales revenue to achieve target income</em>

<em>= Total fixed cost for the period + target profit/ contribution margin</em>

Contribution margin = (Sales - variable cost) / sales   ×  100

The figure has been given as 40% in the question

Sales revenue to achieve target profit = (83,000 + 15,000)/0.4

$245,000.00

Watson Company has monthly fixed costs of $83,000 and a 40% contribution margin ratio. If the company has set a target monthly income of $15,000, what dollar amount of sales must be made to produce the target income?

Sales revenue to achieve target profit = $245,000.00

8 0
3 years ago
Sabemos que os problemas enfrentados pelas empresas podem ser vários e em várias circunstâncias. Por essa razão, as empresas são
dangina [55]

Answer: C. A tecnologia não pode deixar de fazer parte das atividades das empresas, no século XXI, sendo uma ferramenta que interliga a empresa ineira, em seus processos.

Explanation:

Today, technology is part of our lives in every aspect of our daily lives, that is why it is also and should be a fundamental aspect for companies. Business technology covers many areas and is present in every department of companies regardless of their category or function.

Therefore, for an organizational development plan to be well-founded, it must take into account the use of technology and technological updates.

<em>I hope this information can help you.</em>

6 0
3 years ago
Prime Corporation's building was destroyed by a tornado. The fair market value of the building at the time of the tornado was $4
Sergio [31]

Answer:

D) $150,000

Explanation:

Insurance proceeds that are not reinvested in replacing damaged property are taxed. Apparently Prime corporation didn't reinvest into replacing the property, so this transaction should be taxed as a property sale. Prime received $400,000 for the building with a $350,000 basis which results in a net gain = $50,000.

The other $100,000 were given as replacement income and therefore should be taxed as such.

So the total taxable amount = $50,000 + $100,000 = $150,000

4 0
3 years ago
Other questions:
  • Which of the following exams helps you get into the US army?
    11·2 answers
  • Monthly sales are​ $530,000. Warranty costs are estimated at​ 3% of monthly sales. Warranties are honored with replacement produ
    12·1 answer
  • Defining the communications objectives to be accomplished and then, estimating the costs associated with the performance of the
    13·1 answer
  • Suppose you had to test how well two types of soap work. describe your experiment by using terms control and variable.
    8·1 answer
  • Labor and employers agreed to a new ""social contract"" that included all of the following provisions EXCEPT: a. employers exten
    13·1 answer
  • On November 1, 2021, NoleCo signed a $100,000, 6%, six-month note payable with the amount borrowed plus accrued interest due six
    14·1 answer
  • Constructive conflict: Group of answer choices should never be used as a conflict management strategy. should be encouraged for
    8·1 answer
  • What is true if you only pay your minmium amount each towards your credit card bill
    14·1 answer
  • How can capitalism be best described in the United States today?
    8·1 answer
  • What default information appears on an electronic business card? Check all that apply.
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!