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BUSI 620 Week 8 Test 2( 100 % Score)
100 % Score Question 1
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A movie theater that charges a lower price for matinees than for evening showings is
engaging in Question 2
The market demand curve for a perfectly competitive industry is QD = 122P.
Question 3
An individual is indifferent between a certain payment of $ 20 and a game that will pay $ 50
or nothing with equal probabilities. The individual has a certainty equivalent coefficient of
Question 4
A market is comprised of five firms and their market shares are 30 %, 25 %, 20 %, 15 %, and
10 %. What is the Herfindahl index for the industry? Question 5
An investment opportunity will pay $ 10 with a 20 % probability, $ 20 with a 40 % probability,