You and your friend were studying and you left your cell phone either in the computer lab or in the cafe (these were the only two places you visited). you think that with probability .4 it was left in the computer lab. because you always take it out of your backpack there, otherwise, it was left in the cafe. if you left the phone in the computer lab. the probability that someone stole it is .3. in the cafe, the probability that someone stole it is twice that of the computer lab.
the probability of not finding your cell phone (i. e., it was stolen) is
(a). 60
(b). 30
(c). 48
(d). 18
(e). 90

Suppose the marginal damage and marginal benefit curves in a polluted neighborhood are md = p/3 and mb = 4 – p. also, suppose that transactions costs are low, so that the consumers and the firm can bargain. we saw that in this case, the socially-optimal level of pollution is achieved. start by computing the socially-optimal p. then, for each of the following cases, compute the amount of money transferred through the bargaining process, and indicate who pays whom (i.e., whether consumers pay the firm, or vice versa). also, compute the gains to each party relative to the status quo (i.e., the starting point of the bargaining process).a)consumers have the right to clean air; firm is dominant in the bargaining process.b)consumers have the right to clean air; consumers are dominant in the bargaining process.c)firm has the right to pollute; firm is dominant in the bargaining process.d)firm has the right to pollute; consumers are dominant in the bargaining proces