This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The indifference principle states that a. If an asset is mobile, then in the long run, it will be ... (Read 48 times)

MirandaLo

  • Hero Member
  • *****
  • Posts: 538
on: Jul 1, 2018
The indifference principle states that
 a. If an asset is mobile, then in the long run, it will be indifferent about where it is used
  b. In the long run, a mobile asset will make the same profit, no matter where it goes
  c. If an asset is mobile, then in the long run, it would stay with the first user
 d. Only A&B

Question 2

The optimal bidding strategy for a second-price auction is
 a. To bid your true value
 b. To shade your bid well below your true value
 c. To shade your bid just a little below your true value
 d. To size up your competition to determine how much to shade your bid


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mcabuhat

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jul 1, 2018
Answer to Question 1

d

Answer to Question 2

a


MirandaLo

  • Hero Member
  • *****
  • Posts: 538
Reply #2 on: Jul 1, 2018
Thank you :)


mcabuhat

  • Sr. Member
  • ****
  • Posts: 344
Reply #3 on: Jul 1, 2018
Happy to help you


« previous next »
 

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Several species of squirrels have melanistic phases. In large parts of United States and Canada, the Several species of squirrels have melanistic phases. In large parts of United States and Canada, the
Endochondral ossification of long bone. Endochondral ossification of long bone.
Composition of a long bone Composition of a long bone
Ideological Beliefs in the United States Ideological Beliefs in the United States
Kudzu native to Asia is overgrowing trees across the southeastern United States. Kudzu native to Asia is overgrowing trees across the southeastern United States.
Experiments showing that long- or short-day plants flower in response to night length. Each horizont Experiments showing that long- or short-day plants flower in response to night length. Each horizont
Video: Introduction to Insulin

For a complete list of videos, visit our video library