Business, 07.05.2021 16:50, nickonicyetlan
Chrono24 hosts a marketplace for used watches. The site has 100 potential buyers of a used Rolex and 100 potential sellers. Buyers value a valid used Rolex at $2000, and value knock-off used Rolexes at $500. There are 3 types of sellers: 20 of them are selling knock-off Rolexes and will sell at any price above $300, 40 of them are selling valid used Rolexes and will sell at any price above $1300, and 40 of them are selling valid Rolexes and will sell at any price above $1800. Buyers cannot differentiate between sellers of valid used Rolexes and sellers of knock-offs. If potential sellers only offer their watches for sale if the price is above their value of the watch, then at what price will the market for used watches stabilize
Answers: 2
Business, 22.06.2019 13:50, xcoder1732
Suppose portugal has 700 workers and 26,000 units of capital, and france has 18,000 workers and 700 units of capital. technology is identical in both countries. assume that wine is the capital-intensive good and cloth is the labor-intensive good. which of the following statements is correct if the nations start trading with each other? a) wages will increase in portugal. b) rental rates in france will increase. c) wages in france will decrease. d) rental rates in portugal will increase.
Answers: 2
Business, 23.06.2019 02:40, gesic2003
Peter, the marketing manager of a company that manufactures church furniture, has been given the job of increasing corporate profits by five percent during the upcoming year. peter decided to give his assistant the full responsibility and authority for developing a mailing campaign to target churches in an entire state. in other words, peter has
Answers: 1
Business, 23.06.2019 22:00, darkdragon67
If 12 million pairs of shoes are sold, , which means that: it would be more efficient for society to devote fewer resources to the production of shoes. it would be fairer for society to devote fewer resources to the production of shoes. society is currently devoting the efficient quantity of resources to the production of shoes. it would be fairer for society to devote more resources to the production of shoes. it would be more efficient for society to devote more resources to the production of shoes.
Answers: 3
Chrono24 hosts a marketplace for used watches. The site has 100 potential buyers of a used Rolex and...
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