ASSIGNMENT Typewrite your answers and show all your work when making calculations. You can make calculations by hand and add the images to the document but make sure to typewrite your answers . Remember to submit to Canvas before 2:30 pm on the due date. Credit Explain why low-income households have limited liability in credit […]
Discuss how asymmetric information present in second hand car market, often leads to adverse selection for buyers.
Survey of Economics Read the following to prepare for this week: Survey of Economics, Chapter 9: Imperfect Information, External Benefits, and External Costs Video: Watch the following video(s), which you can access in the Weekly Media object or by clicking on the link(s) below: and answer the question. MIT OpenCourseWare video lecture series, “Uncertainty” 11.3 […]
Explain the incentive pay model Uber uses and how it affects the principal-agent problem.
A Case Analysis of Uber Uber is a ride-sharing service started in 2009. If you are not familiar with Uber, you can learn more about the services it provides at Uber.com. Construct an eight-page analysis of Uber using the following criteria. Analyze the market before Uber’s entry. Describe the inefficiency Uber exploited. Explain Uber’s surge […]