Business, 20.06.2020 15:57 anthonybowie99
Consider a second hand car market where three types of cars are being sold: High quality (H), medium quality (M) and low quality (L). Sellers value an H at $2000, an M at $1200 and an L at $800, whereas buyers value an H at $1800, an M at $1600 and an L at $1400. As discussed in the āAkerloļ¬ās Lemons Marketā, sellers are able to distinguish between diļ¬erent quality cars but buyers are not and a buyer believes that in this market 40% of the cars is an H, 30% of the cars is an M and 30% of the cars is an L.
a) Determine which type of cars will be sold at the eļ¬cient allocation.
b) Determine which type of cars will be sold at the market equilibrium.
Answers: 2
Business, 21.06.2019 20:30
technology is the application of knowledge and tools to solve problems and perform tasks more efficiently. t/f
Answers: 1
Business, 21.06.2019 20:30
Andrew cooper decides to become a part owner of a corporation. as a part owner, he expects to receive a profit as payment because he has assumed the risk of - serious inflation eroding the purchasing power of his investment.- being paid before the suppliers and employees are paid.- losing his home, car, and life savings.- losing the money he has invested in the corporation and not receiving profits.- the company giving all of the profits to local communities
Answers: 2
Business, 21.06.2019 23:00
The monthly payment m of a loan of amount p for y years with an interest rate r can be calculated by the formula: m = p(r/12) 1 Ć¢ā (1 + r/12)Ć¢ā12y calculate the monthly payment and the cummulative total payment for a $100,000 loan with an interest rate of 4.85% if taken out for 10 years, for 11 years, etc., up to a 30 year term. display the results in a three-column table where the first column is the number of years, the second is the monthly payment, and the third is the cummulative total payment. note: use format bank; for this problem. also, remember to represent the interest rate as a decimal (e.g. 0.0485) 2. a torus-shaped water tube is designed to have a volume of 8, 000in3 . the volume of the tube, v , and its surface area, s, are given by: v = 1 4 Äā¬ 2 (a + b)(b Ć¢ā a) 2 s = Äā¬ 2 (b 2 Ć¢ā a 2 ) if a = kb, determine s, a, and b for k = 0.2, 0.3, 0.7. display the results in a table
Answers: 1
Business, 22.06.2019 16:30
Summarize the specific methods used by interest groups in order to influence governmental decisions making in all three branches of government. provide at least two examples from each branch.
Answers: 3
Consider a second hand car market where three types of cars are being sold: High quality (H), medium...
English, 02.08.2019 11:00
Health, 02.08.2019 11:00
Mathematics, 02.08.2019 11:00
English, 02.08.2019 11:00
Social Studies, 02.08.2019 11:00
Physics, 02.08.2019 11:00
Advanced Placement (AP), 02.08.2019 11:00
Mathematics, 02.08.2019 11:00