Business, 18.03.2020 19:45 pancakefox7
In terms of valuations, Uber (with $70 billion) is almost 10 times more valuable than Lyft (with $7.5 billion). Uber is active in some 600 cities worldwide, while Lyft services some 200 (in the United States only). Uber offers about five times as many rides as Lyft. Uber is clearly a giant compared to Lyft. Do you think the strategic alliances with GM and Waymo could help Lyft to overcome Uber’s lead? Can you think of other reasons Lyft could end up as the winner in the mobile transportation network competition? Explain.
Answers: 2
Business, 22.06.2019 10:50
Choose the statement that is incorrect. a. search activity occurs only in markets where there is a shortage. b. when a price is regulated and there is a shortage, search activity increases. c. the time spent looking for someone with whom to do business is called search activity. d. the opportunity cost of a good is equal to its price plus the value of the search time spent finding the good.
Answers: 3
Business, 22.06.2019 22:50
Amonopolist’s inverse demand function is p = 150 – 3q. the company produces output at two facilities; the marginal cost of producing at facility 1 is mc1(q1) = 6q1, and the marginal cost of producing at facility 2 is mc2(q2) = 2q2.a. provide the equation for the monopolist’s marginal revenue function. (hint: recall that q1 + q2 = q.)mr(q) = 150 - 6 q1 - 3 q2b. determine the profit-maximizing level of output for each facility.output for facility 1: output for facility 2: c. determine the profit-maximizing price.$
Answers: 3
Business, 23.06.2019 00:00
How did the change in textile production affect employment in spinning and weaving for adults and children?
Answers: 1
In terms of valuations, Uber (with $70 billion) is almost 10 times more valuable than Lyft (with $7....
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