User Account

All Pages

Immediate purchase option

Assignment Help Business Economics
Reference no: EM132199057

If you sell items on ebay.com, you can conduct a traditional auction that lasts a specified amount of time, and the highest bid at the closing time is the winner. Alternatively, you can post a set purchase price for the item, and any buyer who is willing to pay that price can avoid the auction and purchase the item immediately. In order to attain the highest price from an auctioned item, what should we do? In particular, what are the trade-offs associated with including the immediate purchase option? How should you decide what the immediate purchase price should be for this auction?

Reference no: EM132199057

Questions Cloud

Write a function to decrypt a message that was encrypted : The input parameters to the function will be the ciphertext, the keys a and b that were used to encode the message and the modulus m.
A function that will generate an array of random number : Write a function that will generate an array of random numbers. Create a dynamically allocated array of the correct size .
How do you know when a country is in a recession : How do you know when a country is in a recession? Is there a certain number we look at like GDP or something?
Discuss the defining features of stages of financial crisis : Discuss the defining features of each of the five stages of a financial crisis as discussed in class. As available, provide specific evidence to support.
Immediate purchase option : What are the trade-offs associated with including the immediate purchase option? How should you decide what the immediate purchase price
Find the equation of typical firm short-run supply function : A typical perfectly competitive firm in industry Y has the following short-run cost function. (Note: The answer to this question must be hand-written.)
Potential for resale among customers : Consider sanitizing body wipes, please devise a price discrimination scheme intended to increase total sales revenue. Response to this question
The average of the even elements of the array : Write a function double average(int arr[] , int n), that returns the average of the even elements of the array.
What pressure is placed on the current spot exchange rate : If these two investors' decisions are typical of other investors in the U.S. and U.K., what pressure is placed on the current spot exchange rate?

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd