Suppose that everyone in a used-car example is risk neutral, potential car buyers value lemons at $1 comma 000 and good used cars at $2 comma 200, the reservation price of lemon owners is $500, and the reservation price of owners of high-quality used cars is $1 comma 500. the share of current owners who have lemons is theta. for what values of theta do all the potential sellers sell their used cars? describe the equilibrium. the most a risk-neutral buyer would be willing to pay for a car of unknown quality as a function of theta is pequals nothing. (properly format your expression using the tools in the palette.)

If temper company, a manufacturer of mattresses, was considering moving its production facilities to china but decided against it because the additional costs of shipping the mattresses back to the u.s. would offset the cost savings associated with moving the production facilities, the increased costs associated with shipping would be an example ofanswers: learning-curve economies.diseconomies of scale.economies of scale.competitive advantages.

Cooper, cpa, is auditing the financial statements of a small rural municipality. the receivable balances represent residents’ delinquent real estate taxes. internal control at the municipality is weak. to determine the existence of the accounts receivable balances at the balance sheet date, cooper would most likely: cooper, cpa, is auditing the financial statements of a small rural municipality. the receivable balances represent residents’ delinquent real estate taxes. internal control at the municipality is weak. to determine the existence of the accounts receivable balances at the balance sheet date, cooper would most likely:

Greater concern for innovation and quality has shifted the job trend to using more broadly defined jobs. t/f