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Deffense [45]
2 years ago
9

An art collector is bidding on a statue that would complete a collection he is trying to assemble. The statue is being sold in a

Vickrey (sealed second-price) auction. The collector should place a bid:
Engineering
1 answer:
serious [3.7K]2 years ago
8 0

Answer: Equal to his willingness to pay for the statue.

Explanation:Vickrey (sealed second-price) auction is a type of seal bidding system named after a Nobel price winner who is a Canadian citizen Vicrey auction is a bidding system where each bidder is required to put his or her bid in a sealed envelope to prevent other bidders from knowing what amount he or she is bidding.

The Collector should bid a price that he or she is willing to pay for the statue,this is ensure that he is will not feel cheated at the end of the entire process. IN THIS BIDDING SYSTEM THE PRICE PAID IS THE SECOND-PRICE BID PRICE AND NOT THE WINNING BID PRICE.

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The rigid bar CDE is attached to a pin support at E and rests on the 30 mm diameter brass cylinder BD. A 22 mm diameter steel ro
Leno4ka [110]

Answer:

stress = 38.84 MPa

Explanation:

S_{D} = \alpha _{brass} * (delta T) *(L_{BD} )\\= (18.8 * 10^(-6) )*(30)*(0.3)\\= 0.0001692 m\\\\E_{BD} = stress / strain\\stress = E_{BD} * S_{D}\\stress = (200 *10^9) * (0.0001692)\\stress = 33.84 MPa

3 0
2 years ago
The air contained in a room loses heat to the surroundings at a rate of 50 kJ/min while work is supplied to the room by computer
Artemon [7]

Answer:

net amount of energy change of the air in the room during a 30-min period = 660KJ

Explanation:

The detailed calculation is as shown in the attached file.

4 0
2 years ago
Read 2 more answers
What properties should the head of a carpenter’s hammer possess? How would you manufacture a hammer head?
BabaBlast [244]

Properties of Carpenter's hammer possess

Explanation:

1.The head of a carpenter's hammer should possess the impact resistance, so that the chips do not peel off the striking face while working.

2.The hammer head should also be very hard, so that it does not deform while driving or eradicate any nails in wood.

3.Carpenter's hammer is used to impact smaller areas of an object.It can drive nails in the wood,can crush  the rock and shape the metal.It is not suitable for heavy work.

How hammer head is manufactured :

1.Hammer head is produced by metal forging process.

2.In this process metal is heated and this molten metal is placed in the cavities said to be dies.

3.One die is fixed and another die is movable.Ram forces the two dies under the forces which gives the metal desired shape.

4.The third process is repeated for several times.

5 0
2 years ago
Identify an object in your house that contains a physical system and list three questions you could use to define the system
jonny [76]

Answer:

ALL CAREFULLY ANSWERED CORRECTLY

Explanation:

1) A loaf of Bread PHYSICAL SYSTEM

✓ How can the environment affect the edibility of the bread

✓ What are the constituents that makes up the bread

✓ What process is involved in these constituents mixing to form the loaf.

2) The law of thermodynamics makes us to understand that when heat/energy passes through a system, the systems internal energy changes with respect to the conservation of energy law. That is energy lost = energy gained. Typically, ice would melt in a cup of hot tea because of the thermal energy in the molecules of the hot tea. When you heat a material, you are adding thermal kinetic energy to its molecules and usually raising its temperature. The temperature of the ice raises due to the kinetic energy added to it and it melts to water.

3) The theory of systems view the world as a complex system of interconnected parts. If we consider the society; (financial systems, political systems, etc) we will agree that they individually have their own components and it's the summation of this components that makes the system, this implies that system thinking could be applicable in this kinda of systems as long as they are made up of components.

4) Technology has boosted every sector of our lives and it has the capacity to do more. Restricting it's importance to entertainment alone would be an underusing of its potentials. Engineering students infact should not need any drive to be encouraged about maximizing all it can do in shaping our world.

5) ~ Nature shows its splendid soul

~Never ceases to leave us in amazement

~And we are in love

4 0
2 years ago
True or False: Drag and tailwind are examples of a contact force.<br> tyy guyss
zloy xaker [14]

Answer:

False

Explanation:

8 0
2 years ago
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