IF X=12, there is a total of 98+12=110 customers. The majority 58 of them are at F. So, being at F maximizes the chance of sale. So, both will be at F
22> 23> f. F
24> If (D,D) is an equilibrium, it means for the minimum x,
X+8+12+4=16+58
x=50
Thus, the smallest value would be 50.
Questions 22-24 rely on the following prompt: Two street vendors (Vendor 1 and Vendor 2) with...
Questions 22-24 rely on the following prompt: Two street vendors (Vendor 1 and Vendor 2) with mobile carts produce the same good which they sell at the same price. Customers are located along a linear boardwalk with six locations (Location A through Location F), with a different number of customers in each location, as pictured below: 18 So, there are X customers in location A, 4 in B, 6 in C, 2 in D, 8 in E and 18 in...
Questions 22-24 rely on the following prompt: Two street vendors (Vendor I and Vendor 2) with mobile carts produce the same good which they sell at the same price. Customers are located along a linear boardwalk with six locations (Location A through Location F), with a different number of customers in each location, as pictured below: 18 So, there are X customers in location A, 4 in B, 6 in C, 2 in D, 8 in E and 18 in...
Two street vendors (Vendor 1 and Vendor 2) with mobile carts produce the same good which they sell at the same price. Customers are located along a linear boardwalk with six locations (Location A through Location F), with a different number of customers in each location, as pictured below 18 So, there are X customers in location A, 4 in B, 6 in C, 2 in D, 8 in E and 18 in F. There are 38 X customers total....
Two street vendors (Vendor I and Vendor 2) with mobile carts produce the same good which they sell at the same price. Customers are located along a linear boardwalk with six locations (Location A through Location F), with a different number of customers in each location, as pictured below: 18 So, there are X customers in location A. 4 in B, 6 in C 2 in D, 8 in E and 18 in F. There are 38 X custmers total....
Questions 16-17 rely on the following information. Firms H and I Cournot compete in a market with inverse demand given by P 160-Q, where Q is the sum of Firm H and Firm I's output, Q = QH + Q1. Firn H's costs are given by TCH = 100H, and l's are given by TC,-10Q1. 16. What will market output, Q, be in equilibrium when both firms are maximizing profit? 17. What price will the firms charge when maximizing profits...
Question 9 (1 point) These 2 questions have the same starting information. graphies of politicians 24 23 22 + 21 20 19 18 17 16 15 14. 13 12 11 10 9 M search o DAD here to search 00oC Y = biographies of politicians ONWAVOVOOO 0+ 0 1 2 3 4 М. F 7 6 7 8 9 DOLL N g H 12 13 14 15 16 17 18 19 PO 21 22 23 w > 24 Leslie has...
1.Use the table below to answer the following question. Assume that the price of product A is $4.47 while the price for product B is $5.79. The buyer has a budget of $50. Q MUA MUB 1 22 25 2 21 24 3 20 23 4 19 22 5 18 21 6 17 20 7 16 19 8 15 18 9 14 17 10 13 16 Given the marginal utilities The optimal bundle is ____. A. 6 of product A...
We need to use the given data to fill in requirment 1, 2, and 3. AutoSave OFF Home Insert Draw Page Layout Formulas Data Review View Tell me х Arial 10 ν Α Α' 2 Wrap Text Paste BIU "A v Merge & Cente 026 x x А B С D H 1 Given Data P05-03: THE UNDERWOOD CORPORATION $ $ 3 4 5 6 7 8 9 10 11 12 13 14 15 16 June 12, 2021 September 17,...
These are my answere to the following questions: are they right? 1. B 2. T 3. T 4. T 5. F 6. T 7. A 8. D 9. E 10. B 11. B 12. A 13. A 14. D 15. C 16. D 17. T 18. C 19. T 20. T 21. T 22. A 23. T 24. D 25. B 26. A 27. A 28. A 29. T 30. C 31. D 32. A 33. T 34. F 35....
Please do not delete the questions. 1. What is the purpose of a database? 2. What is the reason to use a database over a spreadsheet? 3. Based on the previous answers (#1 & #2), there is a simple rule of thumb. A spread sheet is used when there is _________________________. A database is used when there are _________________________. 4. Please answer followings. a) A group of 8 bits is called a ____________ (from Chapter 4). b) The answers of...