The woods co. and the spieth co. have both announced ipos at $69 per share. one of these is undervalued by $16, and the other is overvalued by $6, but you have no way of knowing which is which. you plan to buy 1,800 shares of each issue. if an issue is underpriced, it will be rationed, and only half your order will be filled. a. if you could get 1,800 shares in woods and 1,800 shares in speith, what would your profit be?

1. what must one do to perform the essential managerial task of controlling in achieving organizational goals? a. motivate, coordinate, and energize individuals and groups to work together to achieve organizational goals b. choose appropriate organizational goals and courses of action to best achieve those goals c. establish task and authority relationships that allow people to work together to achieve organizational goals d. establish accurate measuring and monitoring systems to evaluate how well the organization has achieved its goals

Decision alternatives should be identified before decision criteria are established. are limited to quantitative solutions are evaluated as a part of the problem definition stage. are best generated by brain-storming.

Melissa buys an iphone for $240 and gets consumer surplus of $160. a. what is her willingness to pay? b. if she had bought the iphone on sale for $180, what would her consumer surplus have been?