Therefore, if you bid 0.5, you can expect to win the company with probability 0.5 and pay 0.5 for it, for an expected value of 0.375. This is the maximum expected value you can achieve.
To maximize your profit, you should bid the expected value of v, which is 0.5. This is because, if you bid higher than the expectedvalue, the probability of winning the company will decrease, and if you bid lower, the probability of winning will increase, but the value of the company will be lower.
Here's how to calculate the expected value:
The probability of winning the company is given by the probability that v is less than b. Since v is uniformly distributed between 0 and 1, the probability that v is less than b is simply b.
The expected value of the company is given by the probability of winning the company multiplied by the value of the company if you win. Since the value of the company if you win is 1.5 * v, the expected value is given by:
Expected value = b * (1.5 * v)
Substituting the value of b = 0.5, we get:
Expected value = 0.5 * (1.5 * 0.5)
= 0.5 * 0.75
= 0.375
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Answer: Self-efficacy
Explanation:
Self-efficacy refers to an individual's confidence in performing the behaviors necessary to achieve the results. To develop self-efficacy, the person must work on itself and this is achieved by preparing itself in the area required to be able to fulfill the tasks assigned. There is also confidence, a person who has the knowledge to solve something but who feels that he cannot do it will contribute to not doing what is expected.
A person's perception of himself influences every aspect of his life. How he carries out his activities and how he relates to others is part of this. In many companies, they try to motivate their employees so that they can be able to further develop their potential, which will lead to a better job.
Answer:
11.16%
Explanation:
Given that
Purchase price of stock = $25
Sale price of stock = $26.45
Dividend = $1.34
So, The computation of the nominal rate of return is shown below:
Nominal rate of return = (Sale price of the stock - purchase price of the stock + Dividend) ÷ (Purchase price of the stock)
= ($26.45 - $25 + $1.34 ) ÷ ($25)
= 11.16%
Answer:
The amortization expense will Johnson recognize on the Income Statement for the year ended December 31st, 2017 is $ 5100.
Explanation:
Amortisation Expenses for 2017
So Amortisation on Original Cost: ($18000/5) = $ 3600
Amorisation on legal expenses = $ 1500
(7500 x 6months/ Remaining life(i.e. 30 months)
Total Amortisation Expenses for 2017 = $ 5100
Therefore, The amortization expense will Johnson recognize on the Income Statement for the year ended December 31st, 2017 is $ 5100.
I believe the answer is : Regulation
Regulation is made by the government if it want to limit a certain activity made by the people. Even though regulation might give positive benefit for the environment or the consumers, If the regulation is seen from a business point of view, it would become a hindrance for the businesses and prevent it from obtaining maximum production.