Back ECON2001 Graded Final Assessment (40%) Time left 0:46:19 Question 6 Answer saved Marked out of In trying to solve for the Cournot-Nash equilibrium, given (y) = R₁(y)=60-y and (y)=R₂(y) 45-, solve for y 2 4.00 PFlag question Previous page Answer: Next page
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- An estate agent advertises its houses in two media; Daily Graphic and Ghanaian Times. The agent believes that there is a relationship between the sales S and the amounts spent on the two advertising media. The relationship is given by; where, d is the amount spent in Daily Graphic and g is the amount spent in Ghanaian Times. The estate’s agent fee is 12½% and this includes the cost of adverting. If the agent has planned to spend only 200 thousand Ghana Cedis on advertisement, show how it should be allocated between the two media in order to maximize net profit.1Evaluate the following expression. 12C5
- Only typed answer and please don't use chatgpt otherwise I downvote the answer Q = 12S1/2P-2. Q is number of newspapers sold and S is number of inches of news printed. The cost of reporting S units is $10S. The cost of printing one copy of the newspaper is $0.08, so the total cost of Q = $10S + .08Q. How many copies will be sold at the profit maximizing price when S = 100? Round (up) to the nearest newspaper.The HR department is trying to fill a vacantposition for a job with a small talent pool. Validapplications arrive every week or so, and theapplicants all seem to bring different levels ofexpertise. For each applicant, the HR managergathers information by trying to verify variousclaims on resumes, but some doubt about fitalways lingers when a decision to hire or not isto be made. What are the Type I and II decision error costs? Which decision error is more likely tobe discovered by the CEO? How does this affectthe HR manager’s hiring decisions?Typed plz please don't use AI not for the solution
- McBurger Inc., wants to redesign its kitchen to improve productivity and quality. Three designs,called B1, B2, and B3, are under consideration. No matter which design is used, daily demandfor sandwiches at a typical McBurger restaurant is 500 sandwiches. A sandwich costs 500 baizato produce. Non-defective sandwich sell, on average, for 1 OR per sandwich. Defective sandwichcannot be sold and are scrapped. The goal is to chose a design that maximizes the expected profitat a typical restaurant over a period of one year (365 days). Designs B1, B2, and B3 cost 40,0003OR, 50,000 OR, and 70,000 OR, respectively. Under design B1, there is 0.8 chance that 90 outof each 100 sandwiches are non-defective and 0.2 chance that 70 out of each 100 sandwiches arenon-defective. Under design B2, there is 0.85 chance that 90 out of each 100 sandwiches are nondefective and 0.15 chance that 75 out of each 100 sandwiches are non-defective. Under design B3,there is 0.9 chance that 95 out of each 100 sandwiches…F2e Chrome du.om/mod/quiz/attempt.php?attempt=D19975&cmid-11765&page=2 matics for Business and Economics(1) purse Mathematics for Busine Givent funci OTR-40- OTR 120-40 OTR=0 4Q What is the maximu value TR?
- What P(s1) would the decision-maker be indifferent between the "buy" and "make" decisions, all other data input remaining the same?Please aQUESTION 1 Mixtastic's Founder-CEO is discussing the timing of the launch of its mix-at-home cocktail kit with potential investors. "With a big push and a full-time commitment from myself, we could roll out the subscriptions right away and make $100K in profit per year. Or, if I run the business part-time as a side project, we could start selling three years from now." Assuming Mixtastic has an 80% chance of survival each year, how much would it be worth to start earning profit immediately, rather than in three years? It's worth $80K more if it launches immediately. It's worth $244K more if it launches immediately. It's worth $376K more if it launches immediately. It's worth $1 million more if it launches immediately.
