Suppose that you are attempting to buy a house, and you are bargaining with the current owner over the sale price. The house is of value $200,000 to you and $100,000 to the current owner; so, if the price is between $100,000 and $200,000, then you would both be better off with the sale. Assume that bargaining takes place with alternating offers and that each stage of bargaining (an offer and a response) takes a full day to complete. If agreement is not reached after seven days of bargaining, then the opportunity for the sale disappears (you will have no house and the current owner has to keep the house forever). Suppose that you discount the future according to the discount factor 0.3 per day and the current owner discount the future at discount factor of 0.6 per day. The real estate agent has allowed you to decide whether you will make the first offer. Should you make the first offer or let the current owner make the first offer? Why? Suppose that you have to make the first offer, what will be your offer that is going to be acceptable to the current owner?

Answers

Answer 1

Answer:

the answer is to make the first offer!

Step-by-step explanation:

Since the surplus ($100000) is rapidly depleting, and though the second individual collects the whole surplus, it is already less than half of the surplus from the previous day. So, once you make the first bid, any offer above 100,000 would be fair to the second person and if he rejects the offer, he will only be able to get 100,000 the next day. You will raise the payout by 100000(1 ) this way.


Related Questions

Mike wants to find the confidence interval for a set of data. He knows the sample size and the sample proportion. Which other piece of information does he need to determine the confidence interval?

A.
the critical value
B.
the number of favorable responses
C.
the standard error of the mean
D.
the standard deviation

Answers

Answer:

A

Step-by-step explanation:

The other piece of information Mike needs to determine the confidence interval is the critical value.

What is a confidence interval?

A confidence interval is a range of estimates for a variable that is uncertain. A confidence interval is calculated at a specified confidence level; the 95% confidence level is the most frequent, although other values, such as 90%or 99%, are also used.

To determine the confidence interval for a set of data sample size, the sample proportion, and the critical value are needed to be known.

Hence, the other piece of information Mike needs to determine the confidence interval is the critical value.

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Please help I will give points

Answers

It’s the last one 40 :):)
Answer is 40! Hope this helps

Use the multiplication principle to solve the problem.
A biologist is attempting to classify plant species by assigning 5 initials to each species. How many
classifications are possible using this method?​

Answers

yes 100% accurate. I agree



For the triangles above, what is the measure of

Answers

Answer:

72

Step-by-step explanation

48 + k+l =180

48 +90+l =180

138 +l = 180

l=180 - 138

l = 42

now

l+m+n= 180

42 +m+66 =180

108+m= 180

m= 180 -108 m =72

Mark brainlest

Branliest to correct answer explain how you solved it please

Answers

Answer:

10.4

Step-by-step explanation:

look at the picture for steps

Describe how you would convince a friend that sin(x + y) does not equal sin x + sin y.
via Edge

Answers

Answer:

By showing an example of ditributive property against addition.

Step-by-step explanation:

Let's say:

x = 5

y = 10

sin = 4

let's plug it in:

sin(x + y)

4(5 + 10) Let's solve:

20 + 40 = 60

Let's see if we get the same result:

5 + 10 = 15.

Not even close.

There are only seven days left until we launch of our new product and we only have $668 left in our promotion budget we need to spend $85 on the last day can you please calculate how many dollars a day we can spin on the remaining days

Answers

Answer:

$97.17

Step-by-step explanation:

First, subtract 85 from 668:

668 - 85

= 583

This means that our budget for all of the days excluding the last day is $583

To find how much can be spent on the remaining days, divide 583 by 6:

583/6

= 97.17

So, approximately $97.17 can be spent on the remaining days

Nicholas is currently in eighth grade and intends to attend a state college when he finishes high school. Nicholas’s parents currently have some money invested in mutual funds, but would like to invest this money in a more secure investment now to pay for college in 4 years. If they will need $25,000, how much do Nicholas’s parents have to invest now in a 48month CD that has a rate of 4.59% compounded monthly?

Answers

Answer:

30027.86

Step-by-step explanation:

stimulus check summary please help me please

Answers

Answer: I think it’s great but you should make a stronger opinion and always have back up evidence

Step-by-step explanation:

Stimulus checks are checks sent by the U.S. government to taxpayers to boost their spending power and spur economic activity. Stimulus checks are either mailed to taxpayers or an equivalent tax credit is applied to their tax filing.

Which could be the function graphed below? ​

Answers

9514 1404 393

Answer:

  (a)  f(x) = √x -2

Step-by-step explanation:

The square root function has no horizontal shift, so the expression under the radical is simply x with no added terms. There is only one such answer choice, which also shows the necessary translation downward by an added negative constant.

  [tex]f(x)=\sqrt{x}-2[/tex]

Answer:

the answer is A.

Step-by-step explanation:

:))))))

Find the surface area of the prism below.



SA= square meters

Answers

Answer:

The surface area is 98 square feet.

Step-by-step explanation:

7 x 4 = 28

28 x 3 = 84

4 x 3.5 = 14

14 / 2 = 7

7 x 2 = 14

84 + 14 = 98

Please help me I am struggling

Answers

Answer:

924

Step-by-step explanation:

i multiply 14 by 11 and then by 6

Find the area of the shape below

Answers

Answer:

2112

Step-by-step explanation:

100% sure

12 less than a number is 39 find the number round your answer to the nearest integer if necessary

Answers

Answer:

number = n

n = 51

Equation:

n - 12 = 39

39 + 12 = 51

A baseball is thrown in the air from center field to home plate. The path of the baseball is represented by the equation p(x)=−7x2+52x+99. How long will it take for the ball to get to home plate?

Tell me what steps went wrong as I solved this problem. Explain how to fix it.

Problem:

P(x) = -7x2 +52x+99

Step 1: -7x2 +52x+99 = 0

Step 2: a = -7 b = 52 c = 99





Step 3: −52±(52)2−4(−7)(99)√2(−7)


Step 4: −52±5476√14


Step 5:−52±7414


Step 6: x = 117 x = - 9

Answer: 117 seconds

Answers

Answer:

steps 3 went wrong

Step-by-step explanation:

the quadratic is

(-b +/- √ ( b^2 - 4ac) )/2a

-52 + √( 2704 +2772) /-14

-52 +74) / -14 = -22/14 = -11/7

-52 -74 / -14 = -126/-14 = 9

i need help! please and thank you

Answers

Answer:

[tex]20\pi[/tex] m

OR

62.8318531 m

Step-by-step explanation:

This is actually pretty simple

The distance the tip travels is the arc length and the length of the pendulum is the radius of a circle

The formula for arc length is Angle in Radians x Radius

So pi/12 * 4 = pi/3 m

We know this is how much it travels every second so it is going at pi/3 m/s

One minute is 60 seconds

pi/3 * 60 = 20pi m

pls answer this question about math​

Answers

Answer:

AB, AC, AD, BC, BD, CD

Hope this helps :)

Answer:

five line segment =AB,AC,AD,BC,BD,CD

Write the following ratio as a fraction in lowest terms:
4.4 g to 1.2 pounds

Answers

Answer:

3 2/3

Step-by-step explanation:

Hope this is right

Answer: 3 2/3

Step-by-step explanation:

A pharmaceutical company is conducting a study on whether or not their new vaccine is effective in preventing chicken pox. The researchers rejected the null hypothesis and stated that the vaccine was effective. However, subsequent studies found out that the vaccine did not have any effect on combating chicken pox. What type of error did the researchers make

Answers

Answer:

The answer is "Type 1 error".

Step-by-step explanation:

The error of type I, frequently known as a 'false positive': its error in judgment that perhaps a null hypothesis is simply rejected. This is the mistake of accepting a possible (actual interest hypothesis) hypothesis whenever the results could be attributed to chance since the researchers deny, if valid, the null hypothesis.

Can someone help for number 17 I’ll mark best answer!!!!!!!!!!!

Answers

9514 1404 393

Answer:

  a) radius: 6 (m); mass: 22 (kg)

  b) volume: 19 (m³)

  c) d ≈ 2.8×10^3 kg/m³

Step-by-step explanation:

The order of magnitude is the exponent of 10 when the number is written in scientific notation.

a) radius: 1.6×10^6 m, so the order of magnitude is 6 when the units are meters.

  mass: 4.8×10^22 kg, so the order of magnitude is 22 when the units are kg.

__

b) The volume is ...

  V = (4/3)πr^3 ≈ 1.716×10^19 m^3, so the order of magnitude of the volume is 19 when the units are m^3.

__

c) The ratio of mass to volume is ...

  d = (4.8×10^22)/(1.716×10^19) ≈ 2.8×10^(22-19) = 2.8×10^3 kg/m^3, so the order of magnitude is 3 when the units are kg/m^3.

im almost done with this hw. plz help!!! give explanation if you actually know the answer so ik u dont just want points

Answers

Answer:

C

Step-by-step explanation:

The rule in this pattern is add 3. Write the next 4 terms of the pattern. What do you observe about the terms in the pattern? Explain why you think this pattern will continue to be this way.

An image of a pattern. Term one has five dots, term two has eight dots, term three has eleven dots. (4 points)

Answers

If the rule for this pattern is add 3, you would take term 1 which had 5 dots then add 3, that makes term 2 have 8 dots, than add 3 that means term 3 has 11 dots, term four would have 14, and each term after that would have 3 more

Please help me this is due in 20 minutes!!!!!!!

Answers

Answer:

The two triangles are very similar by them both having the same kind of angles even though they are different in size, like, an acute angle.

I'm not sure if this helped or not hopefully it did good luck.

A consulting firm claimed that 65% of all e-commerce shoppers fail in their attempts to purchase merchandise on-line because Web sites are too complex. The claim was tested by taking a random sample of 60 online shoppers and assigning them each a different randomly selected e-commerce Web site to test. 45 reported sufficient frustration with their sites to deter making a purchase. The data was entered into STATISTIX and the following output was generated:

Hypothesis Test - One Proportion

Sample Size 60
Successes 45
Proportion 0.75000

Null Hypothesis: P = 0.65
Alternative Hyp: P > 0.65

Difference 0.10000
Standard Error 0.05590
Z (uncorrected) 1.62 P 0.0522

Method 95% Confidence Interval
Simple Asymptotic (0.64043, 0.85957)

Which of the following statements is correct if we are testing at α = 0.05?

a. There is sufficient evidence to indicate that more than 65% of all e-commerce shoppers fail in their attempts to purchase merchandise on-line because Web sites are too complex.
b. There is sufficient evidence to indicate that exactly 65% of all e-commerce shoppers fail in their attempts to purchase merchandise on-line because Web sites are too complex.
c. There is insufficient evidence to indicate that exactly 65% of all e-commerce shoppers fail in their attempts to purchase merchandise on-line because Web sites are too complex.
d. There is insufficient evidence to indicate that more than 65% of all e-commerce shoppers fail in their attempts to purchase merchandise on-line because Web sites are too complex.

Answers

Answer:

b. There is sufficient evidence to indicate that exactly 65% of all e-commerce shoppers fail in their attempts to purchase merchandise on-line because Web sites are too complex.

Step-by-step explanation:

Not significant,accept null hypothesis that population proportion = 0.65

When we accept the null hypothesis that P= 0.65

Then only option b is correct which states that  there is sufficient evidence to support that population proportion is exactly 0.65 .

1) We obtain a P - value of 0.0522 which is greater than 0.5 indicating that the null hypothesis is not rejected.

The rejection region for this right-tailed test is z > 1.64

2) Test Statistics

z= p`-p0/ sqrt(p0(1-p0)/n)

The z-statistic is computed as follows:

z= 0.75-0.65/ √(0.65*0.35)60

z= 1.624

3) Decision about the null hypothesis

Since it is observed that z = 1.624 is less than z ∝=1.64, it is then the null hypothesis is not rejected.

Please help me thanks! :)

Answers

Answer:

eyjdnfbhs

Step-by-step explanation:

Need help with finding the mean (MATH 7th GRADE)

Answers

Answer:

mean = 49.25

Step-by-step explanation:

mean = sum of all the number ÷ amount of number

mean = 56 + 21 +55 + 30 + 34+ 76 + 40 + 82 = 394 ÷ 8

mean = 49.25

mean absolute deviation = (56- 49.25) + (21 - 49.25) + (55 -49.25) + (30 - 49.25) + (34 -49.25) + (76 -49.25) + (40 - 49.25) + (82- 49.25) / 8

mad= 6.75 + -28.25 + 5.75 + -19.25 + -15.25 + 26.75 + -9.25 + 32.75 / 8

mad = 0/8

mad= 0

brainliest is appreciated

helpppppppppppppppppppppppppppp

Answers

It is 75.36 because the total volume is 301.59 and 25% of the cone remains so 25% of 301.59 is 75.36

Mr. Farris drives 7 1/2 miles directly west of his home to a restaunt.he then drives 8 2/3 miles directly east of the restauant to his office. how far , and in what direction is his office from his home ?

Answers

Answer:

2 1/6

Step-by-step explanation:

8 2/3 - 7 1/2 = 2 1/6

9514 1404 393

Answer:

  1 1/6 miles east of home

Step-by-step explanation:

If we consider east to be positive, then the distance from home to office is ...

  (-7 1/2) +(+8 2/3) = -7 3/6 +8 4/6 = (8 -7) +(4/6 -3/6) = +1 1/6

Farris's office is 1 1/6 miles east of his home.

Jenny is x years old. Thomas is 3 times as old as her. Jenny is 5 years older than Alexis.
A) Find Alexis's age in terms of x
B) Find Thomas's age in terms of x.
C) If x=12, how much older is Thomas than Jenny?..

Answers

Answer:

A) Alexis is x-5 years old

B) Thomas is 3x years old

C) Thomas is 24 years older than Jenny (3×12=36 ; 36-12)

Alexis's age is x - 5.

Thomas's age is 3x.

Thomas is 24 years older than Jenny.

What is an expression?

An expression contains one or more terms with addition, subtraction, multiplication, and division.

We always combine the like terms in an expression when we simplify.

We also keep all the like terms on one side of the expression if we are dealing with two sides of an expression.

Example:

1 + 3x + 4y = 7 is an expression.

3 + 4 is an expression.

2 x 4 + 6 x 7 – 9 is an expression.

33 + 77 – 88 is an expression.

We have,

A)

Jenny = x years old

Alexis = 5 years younger than Jenny.

So,

Alexis's age in terms of x.

Alexis's age

= Jenny's age - 5

= x - 5

B)

Thomas = 3 times as old as Jenny.

Thomas's age in terms of x.

Thomas's age = 3x

C)

x = 12,

Jenny = 12 years old.

Alexis = 5 years younger than Jenny,

So,

Alexis's age

= Jenny's age - 5

= 12 - 5

= 7

Now,

Thomas = 3 times as old as Jenny.

And,

Jenny = 12 years old.

Thomas's age

= 3x

= 3 x 12

= 36

Now,

Thomas's age - Jenny's age

= 36 - 12

= 24

Therefore,

Alexis's age = x - 5.

Thomas's age = 3x

Thomas is 24 years older than Jenny.

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write the standard equation of the circle with the given Center and radius:

i would love help on this​

Answers

9514 1404 393

Answer:

  B.  (x +4)² +(y +5)² = 64

Step-by-step explanation:

The equation for a circle with center (h, k) and radius r is ...

  (x -h)² +(y -k)² = r²

Filling in your given values, you have ...

  (x -(-4))² +(y -(-5))² = 8²

Simplifying, you get ...

  (x +4)² +(y +5)² = 64 . . . . . . . matches choice B

_____

Additional comment

As you learn more different "standard form" equations, it may be helpful to keep a list, along with reminders of what the variables stand for and how the equation is used.

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