subject
Business, 05.08.2021 21:40 neariah24

Assume that half of all used cars are of good quality and worth $8,000, while half of all used cars are of poor quality and worth $6,000. If a buyer possessed no information about the quality of the car she was considering, what would she be willing to pay for the average used car that is put up for sale

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 14:50
Baker industries’s net income is $24,000, its interest expense is $5,000, and its tax rate is 40%. its notes payable equals $27,000, long-term debt equals $75,000, and common equity equals $250,000. the firm finances with only debt and common equity, so it has no preferred stock. what are the firm’s roe and roic?
Answers: 2
question
Business, 22.06.2019 01:30
Standardization is associated with which of the following management orientations? a) ethnocentric orientation b) polycentric orientation c) regiocentric orientation d) geocentric orientation
Answers: 1
question
Business, 22.06.2019 05:20
Carmen co. can further process product j to produce product d. product j is currently selling for $20 per pound and costs $15.75 per pound to produce. product d would sell for $38 per pound and would require an additional cost of $8.55 per pound to produce. what is the differential revenue of producing product d?
Answers: 2
question
Business, 22.06.2019 18:00
Which of the following is a characteristic that can be used to guide the design of service systems? a. services cannot be inventoried. b. services are all similar. c. quality work means quality service. d. services businesses are inherently entrepreneurial. e. even service businesses have internal services.
Answers: 2
You know the right answer?
Assume that half of all used cars are of good quality and worth $8,000, while half of all used cars...
Questions
question
Mathematics, 27.01.2020 10:31
question
Biology, 27.01.2020 10:31
question
Mathematics, 27.01.2020 10:31
Questions on the website: 13722367