BUSI 620 MENTOR It's Your Life/busi620mentor.com BUSI 620 MENTOR It's Your Life/busi620mentor.com | Page 48
Question 1
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 ,
$ 30 with a 30 % probability , and $ 40 with a 10 % probability . What is the standard deviation
Question 1
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 ,
$ 30 with a 30 % probability , and $ 40 with a 10 % probability . What is the standard deviation