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Andru [333]
3 years ago
6

Suppose that you are attempting to buy a house, and you are bargaining with the current owner over the sale price. The house is

of value $200,000 to you and $100,000 to the current owner; so, if the price is between $100,000 and $200,000, then you would both be better off with the sale. Assume that bargaining takes place with alternating offers and that each stage of bargaining (an offer and a response) takes a full day to complete. If agreement is not reached after seven days of bargaining, then the opportunity for the sale disappears (you will have no house and the current owner has to keep the house forever). Suppose that you discount the future according to the discount factor 0.3 per day and the current owner discount the future at discount factor of 0.6 per day. The real estate agent has allowed you to decide whether you will make the first offer. Should you make the first offer or let the current owner make the first offer? Why? Suppose that you have to make the first offer, what will be your offer that is going to be acceptable to the current owner?
Mathematics
1 answer:
katen-ka-za [31]3 years ago
8 0

Answer:

the answer is to make the first offer!

Step-by-step explanation:

Since the surplus ($100000) is rapidly depleting, and though the second individual collects the whole surplus, it is already less than half of the surplus from the previous day. So, once you make the first bid, any offer above 100,000 would be fair to the second person and if he rejects the offer, he will only be able to get 100,000 the next day. You will raise the payout by 100000(1 ) this way.

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Angle A and Angle B are supplementary angles. If angles A = 65, find the m Angle B.
WARRIOR [948]

Answer:

B = 115

Step-by-step explanation:

Since A and B are supplementary, they add up to 180 degrees.

Thus, 65 + B = 180, and B = 115

8 0
3 years ago
Listed below are the amounts​ (dollars) it costs for marriage proposal packages at different baseball stadiums. Find the​ range,
yulyashka [42]

Answer:

Range = 2460 dollars, Variance = 516414.6 dollars^2, Standard deviation = 718.6199 dollars . There are two outliers and they are likely to have much of an effect on the measures of variation.

Step-by-step explanation:

The smallest value in the sample data is min = 50 dollars and the largest value is max = 2500 dollars, therefore, the range is Range = max - min = 2500 - 40 = 2460 dollars. On the other hand, the formula to compute the sample variance is S^2 = \frac{1}{n-1}\sum_{i=1}^{n} (x_{i}-\bar{x})^2 where \bar{x} is the sample mean, n is the sample size and the x_{i} are the sample values. In this case the sample variance is s^2 = 516414.6 dollars^2, the sample standard deviation is defined as the squared root of the sample variance, so, the sample standard deviation is s = 718.6199 dollars. There are two outliers because 1750 dollars and 2500 dollars are very different compared to the other values, these two numbers are very large and they are likely to have much of an effect on the measures of variation because these measures are sensible to outliers, they are no robust measures.

3 0
4 years ago
Read 2 more answers
I need help with this as well ty lol
Pie
so you use the formula a^2 + b^2 = c^2
so C will be JL
13m^2 + 17m^2 = c^2
458 m = c^2

to leave C alone you need to square root it

√458m = √c^2
21.4 = C
4 0
3 years ago
Read 2 more answers
-2 + 3x > -23 | x = ?
gizmo_the_mogwai [7]

Answer:

Give Me Brainliet

Step-by-step explanation:

x= 9/8 =1.125

7 0
3 years ago
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A truck that can carry no more than 6600 lbs is being used to transport refrigerators and upright pianos. each refrigerator weig
ZanzabumX [31]

Answer:

(a). 300r + 425p ≤ 6,600

(b). No, it’s not considered overweight

Step-by-step explanation:

In this question, we are to write an equation that shows the number of refrigerators and pianos the truck could carry.

Let the number of refrigerators be r and the number of pianos be p

By using their individual weights, the equation is as follows;

300r + 425p ≤ 6,600

To the second question, we want to consider if 10 refrigerators and 8 pianos are overload.

To get this, we simply multiply the number of each by their individual weights;

That would be;

300(10) + 425(8) = 3000 + 3,400 = 6,400 lbs

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6 0
4 years ago
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