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Q. Alice and Bob are at a strange auction. Item up for auction is $ 20. rules are that no one can bid twice in a row and that highest bidder gets $ 20. Also and this is very strange, highest bidder and next highest bidder have to pay their bids. For example, if Bob bids $ 5, Alice bids $ 6 and Bob n passes, Alice gets $ 20 and pays $ 6 to auctioneer and Bob pays auctioneer $ 5. Both have $ 100 to bid. What is optimal strategy?
Calculate the range, variance, and standard deviation for this data series. Which measure does the best job of describing the dispersion in this variable.
Illustrate what is equilibrium level of Aggregate Expenditures in this economy. At equilibrium, illustrate what is level of Consumption in this economy.
Assume a $6 excise tax is imposed on the good. Conclude the new equilibrium cost also quantity.
A farmer owns a plot of ground also sells the right to pump crude oil from his land to a crude oil producer.
Explain how many units of housing would the government have to increase the provider of housing in order to get the market equilibrium rental cost.
The same size of word for data and instructions, what is the size of each data register. Elucidate what is the size of the instruction register of the computer in the fist question.
Elucidate how the asset demand for money as a green line draw the transactions demand-for-money curve.
Why might a parent company like McDonalds or Hilton choose to franchise its local outlets rather than own them also staff them with employees.
Explain the replacement effect, which may cause monopoly firms to innovate less rapidly.
The effect of trade sanctions imposed on Iraq limiting Iraq's production of oil after the 1990 Gulf War on the oil market is best shown graphically with a price ceiling below equilibrium price.
A few years ago, a construction manager earning $70,000/ year working for a regional home builder decided to open his own home building company.
You are very impressed by the first interviewee completing both phases of BK books interviewing process, and she has indicated that her reservation salary is 110,000. Should you make her an offer at that salary or continue the interviewing process..
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