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Consider an antique auction where bidders have independent private values. There are two bidders, each of whom perceives that valuations are uniformly distributed between $100 and $1,000. One of the bidders is Sue, who knows her own valuation is $200. What is Sue's optimal bidding strategy in a Dutch auction?
Submit a bid of $150.
Submit a bid of $200.
Submit a bid that is less than $150.
Yell "mine" when the bid reaches $150.
The Shut-Kan-Do Sheet Metal Company is trying to decide whether it should pay now or pay later for upgrading its production facilities. If the company selected plan A for Action, the necessary equipment would be purchased now for $20,000. Find the re..
After a series of public accounting violations and several lawsuits about hiring practices, ABC Corporation added an Ethics Hotline and Ethics training to its organization.
Clear Channel, an owner of radio stations with the Top 40 format, recently bought rock concert promoter Live Nation. How would this affect prices for concert tickets or rates for radio programming?
Are there different ethical risks an entrepreneur faces if entering a market in a developed country as compared to a market in an undeveloped country?
How do venture capital boards differ in composition from the boards of companies that have been bought out and why would a board have special voting rights? How do these address some of the basic tenets of private equity?
Discuss the advantages of E-Commerce - Discuss E-Commerce and E-Business and how e-business is helping corporates in business.
Elucidate how and why the unemployment rate fluctuates with the inflation rate as is depicted in the Short-Run Phillips Curve.
illustrate what would you estimate the difference between the inflation rates of the U.S. also Japan.
q. in 1976 the parents of a seven year old boy sued a new york hospital for 3.5 million. the boy was blinded shortly
Discuss - Deficit spending paves the road to ruin. Explain how much of the national debt is held by foreigners.
Blake eats two bags of potato chips each day. Blake's hourly wage increases from $9 to $15, and he decides to stop eating generic chips and instead eats a name brand potato chip. Use the midpoint method to calculate Blake's income elasticity of deman..
The players are needed to simultaneously and independently select positive numbers. Find out the Nash equilibrium of this game.
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