An Investment Advisor Recommends the Purchase of Stock Shares in Infomatics,Inc.He

question 12

Short Answer

An investment advisor recommends the purchase of stock shares in Infomatics,Inc.He has made the following predictions:
P(Stock goes up 20% | Rise in GDP)= .6
P(Stock goes up 20% | Level GDP)= .5
P(Stock goes up 20% | Fall in GDP)= .4
An economist has predicted that the probability of a rise in the GDP is 30%,whereas the probability of a fall in the GDP is 40%.
a.What is the probability that the stock will go up 20%?
b.We have been informed that the stock has gone up 20%. What is the probability of a rise or fall in the GDP?

Understand the role of culture in influencing conflict and conflict management.

Recognize the importance of cross-functional teams and task forces in managing intergroup conflict.

Understand the stages of conflict development in organizations.

Assess the impact of conflict on team dynamics and organizational effectiveness.

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Definitions:

Total Surplus

The sum of consumer surplus and producer surplus, representing the total net benefit to society from producing and consuming a good or service.

Consumer Surplus

Consumer surplus is the difference between the total amount that consumers are willing and able to pay for a good or service and the total amount they actually pay.

Producer Surplus

The gap between the price producers are ready to take for offering a product or service and the actual payment they receive.

Consumer Surplus

The difference between what consumers are willing to pay for a good or service and what they actually pay, representing the benefit consumers receive.