1 Advanced Economic Analysis Marco A. Castaneda Exam II PART I Multiple Choice questions [30…


1 Advanced Economic Analysis Marco A. Castaneda Exam II PART I Multiple Choice interrogations [30 Points] Select the non-interference that best answers the interrogation. 1. A vocation is past likely to vertically blend and consequence an input internally if a) Specialized boardings are influential and the contracting environment is rudimentary b) Specialized boardings are influential and the contracting environment is obscure c) Specialized boardings are not influential and the contracting environment is rudimentary d) Specialized boardings are not influential and the contracting environment is obscure 2.
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1 Advanced Economic Analysis Marco A. Castaneda Exam II PART I Multiple Choice interrogations [30 Points] Select the non-interference that best answers the interrogation. 1. A vocation is past likely to vertically blend and consequence an input internally if a) Specialized boardings are influential and the contracting environment is rudimentary b) Specialized boardings are influential and the contracting environment is obscure c) Specialized boardings are not influential and the contracting environment is rudimentary d) Specialized boardings are not influential and the contracting environment is obscure 2. A completion after a while using a “revenue sharing” project to remunereprove employees is that the project a) Does not stipulate incentives for employees to operation stubborn b) Allure be precious if revenues are low c) Does not stipulate incentives for operationers to minimize costs d) Allure feel violent functional costs 3. Assume the completion amercement of a overseer is attached by the equation ?? ?? ?? ?? ???, where ? is the gain of the vocation. Then, a diminish in ?? (deep remuneration) and an extension in ?? (boon reprove deepd on exploit) allure fashion a) Stronger incentives and past facilitate for the overseer b) Weaker incentives and past facilitate for the overseer c) Stronger incentives and hither facilitate for the overseer d) Weaker incentives and hither facilitate for the overseer 4. The retaliate from an boarding is equivocal and there is a 25% fortune that it allure be 100,000 dollars, a 50% fortune that it allure be 50,000 dollars, and a 25% fortune that it allure be 20,000 dollars. The expected retaliate from the boarding is a) 45,000 dollars b) 50,000 dollars c) 55,000 dollars d) 75,000 dollars 5. In a Second-Price, Sealed-Bid auction after a while defiant not-public values, the optimal temporization is to a) Create a bid aloft your valuation of the part b) Create a bid beneath your valuation of the part c) Create a bid resembling to your valuation of the part d) Not create a bid 2 6. A few years tail, Disney switch from a “fee per ride” value temporization to a “fee per day” value temporization. The...

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