T W A U ... The Chase....from...
Film, Media & TV1 min ago
Investment Decision
1 Answers
Minimum price at which a lady is willing to sell her business is $960.
An investor with wealth $1,000,600 and wealth scaling function is U(w)=√w is willing to buy her business.
How to calculate whether he would be willing to pay a minimum price? What would happen if she asked a price of $1000?
An investor with wealth $1,000,600 and wealth scaling function is U(w)=√w is willing to buy her business.
How to calculate whether he would be willing to pay a minimum price? What would happen if she asked a price of $1000?
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