[Answered] Refer to the scenario above. What is the probability of winning? A) 16.66 B) 33.33 C) 45.55 D) ...

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Author Question: Refer to the scenario above. What is the probability of winning? A) 16.66 B) 33.33 C) 45.55 D) ... (Read 72 times)

abern

Hero Member
Posts: 533

on: Jun 29, 2018

Refer to the scenario above. What is the probability of winning?

A) 16.66
B) 33.33
C) 45.55
D) 66.66

Question 2

If a seller enjoys a producer surplus of 30 when he sells a good for 79, his reservation value for the good is ________.

A) 30
B) 49
C) 79
D) 109

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macmac

Sr. Member
Posts: 343

Reply #1 on: Jun 29, 2018

Answer to Question 1

B

Answer to Question 2

B

abern

Member
Posts: 533

Reply 2 on: Jun 29, 2018

Excellent

Liamb2179

Member
Posts: 365

Reply 3 on: Yesterday

Great answer, keep it coming

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