auestion 6 (15 points) Suppose that you are applying for a MBA offers. Each offe
ID: 1156391 • Letter: A
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auestion 6 (15 points) Suppose that you are applying for a MBA offers. Each offer is equally likely to take on receive a new offer. You always Suppose that you get an offer of 60. Initials: program and you receive a sequence of any value between O and 90. It costs 10 to can always go back to accept an offer you received previously a) (5 points) Would it be optimal for you to accept the offer? Show your steps. Now suppose the cost of receiving an offer wa s 4 instead of 10 b) (5 points) Would it be optimal for you to accept the offer? ow suppose the cost of receiving an offer was 4 again. This time, if you decide to give an offer _you cannot go back to accept it. c) (5 points) Would you accept the offer? Explain your answer. (Hint: there is no right or wrong, I just need a reasonable explanation with some terms you have learnt from this class).Explanation / Answer
a.
A) 1. The optimal offer because of offer at 60 it's very flexible and perfect.
2. Cost for receiving a new offer also small part in present offer.
3. It's value before than 0 to 90, so 60 is more preferable to choose than others.
4. It may profitable to both the offerer and offeree.
5. Offer it's pay 10 for change any offer and there is one more chance for go to previous offer also, Pay and get offerer as 60.
b.
A) 1. If the cost of receiving offer 4 instead of 10 it's useful and easy to take offer on low cost.
2.if want any change in offer it's very easy and steady.
3. The cost of RS 4 give a chance to more options to members for taking offer.
4. If the cost is 10 for change the offer it's very less optional for some but 4 its create more chances than that.
5. Offer can change previous offers also its effects on cost on present and previous offers.
c.
A) 1. It may acceptable because the cost of offer 4 not like 10 and all.
2. If you not accepted the offer which one you have accepted past its completely depend upon situarions.
3. The offer which was very low cost and below than 5, it's very low cost.
4. I would like take offer on the basis of cost and offer value.
5. Offer makes certain opportunity and that very low cost, it's workout well by all.
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