If the market of good 1 doubles and the price of good 2 triples , the budget line will pivot down. b) If an individual demand curves are linear , so the market demand curve. c) Roughly circular indifference curves are implausible for standard consumers.

Newsvendor model : A retailer orders sunscreens from Sweden. The firm wants to make a single purchase. Unit cost (?)(v) is $12 and sales price (?)(r) is $24. Unsold sunscreens will be salvaged (?)(s) at $8 each at the end of the summer. The management estimates that there is no significant goodwill cost (?=0)(g=0) for lost sales. Find critical ratio (?)(R). 0.75 0.33 0.25 4

Discuss the Thaler wine problem with your group, and summarize the discussion and any conclusions in a few sentences here.   “Suppose you bought a case of a good 1982 Bordeaux for $20 a bottle.  The wine now sells at auction for about $75 a bottle.  You have decided to drink a bottle.  Which of the following best captures your feeling of the cost to you of drinking this bottle?” (Thaler, 1999)   $0 $20 $20 plus interest $75 -$55 (negative $55 cost) Or something else?

Can you assist me with this problem. If possible can you write it out it is easirer to follow along. Thank you

1. 524 plz help w/ anything.  a) is correct, need help with B

Benefits and Costs of Buying vs. Renting Reem & Kareem are trying to decide whether to rent or purchase housing. Reem favors buying and Kareem leans toward renting, and both seem able to justify their particular choice. Reem thinks that the tax advantages are a very good reason for buying. Kareem, however, believes that cash flow is so much better when renting. See whether you can help them make their decision. Does the home buyer enjoy tax advantages? Explain. Discuss Kareem’s belief that cash flow is better with renting. Suggest some reasons why Reem might consider renting rather than purchasing housing. Suggest some reasons why Kareem might consider buying rather than renting housing. Is there a clear-cut basis for deciding whether to rent or buy housing? Explain why or why not.

Please answer question attached in the image below

The owner of a nail shop that operates in a local strip mall told her daughter, "Well, after budgeting for all of our expenses for next year, we still have about $7,500 remaining for emergencies. Let's budget 20 percent of that amount for advertising." What budgeting technique is the retailer most likely using? 04 Multiple Choice all-you-can-afford budgeting percentage of sales budgeting competitive parity budgeting objective and task budgeting linear forecast budgeting

Which of the following statements is correct for the Black-Scholes model?     A) The price of an American call written on a stock is: c = SN(d1)-Ke-rTN(d2)     B) The stock price at a future point in time follows a log-normal distribution.     C) The continuously compounded return on the stock follows a log-normal distribution.     D) Black-Scholes prices may allow for arbitrage opportunities. Please explain and justify your choice.

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