In Cerro Acuchimay, two stalls sell chicha de jora that have identical costs c; = 10y₁ + 20. mmm mmmmmmmmmm where i = 1, 2 and the demand is represented by y = 8-p. Despite the fact that there is a cartel solution consisting of reducing the quantity of chicha de jora offered, the possible strategies of the stalls are: be faithful to the cartel or deviate from the cartel's solution, that is, www offer more chicha de jora than the stalls in the agreement, thus increasing each position its offer unilaterally. In the agreed cartel solution, the stalls share the sales equally. www wwwwww www a) Calculate the benefits of the positions in each of the possible combinations of strategies. mmmmmm

In Cerro Acuchimay, two stalls sell chicha de jora that have identical costs c; = 10y₁ + 20. mmm mmmmmmmmmm where i = 1, 2 and the demand is represented by y = 8-p. Despite the fact that there is a cartel solution consisting of reducing the quantity of chicha de jora offered, the possible strategies of the stalls are: be faithful to the cartel or deviate from the cartel's solution, that is, www offer more chicha de jora than the stalls in the agreement, thus increasing each position its offer unilaterally. In the agreed cartel solution, the stalls share the sales equally. www wwwwww www a) Calculate the benefits of the positions in each of the possible combinations of strategies. mmmmmm

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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uestion 3 If you want to minimize interest payments on a loan, you'll need one that has a simple interest rate so that yo John opened an account, and knew exactly how much it would be worth at the end of the year, because it used year. What is simple interest? Oa. Interest only on original amount saved or borrowed Ob. interest on original amount saved, borrowed and other interest earned Oc. a fee paid for the use of someone else's money Od. taxes on the original amount saved or borrowed L A Moving to another question will save this response. →
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B. The late Anne Collins had 3 children, Mary, John and Hana who unfortunately all predeceased Anne leaving several Anne's grandchildren and great grandchildren. Unfortunately, Anne died intestate without a will or trust. She is survived by: Mary's daughters Emma and Joan John's son Patrick who has 2 children Joe and Frank; Frank has 1 child Eddy. Hana's daughter Elizabeth is also deceased leaving 2 children Jim and Eva. (i) Please fill in the table taking into consideration that Anne died without a will/trust and therefore the distribution shall be according to the CA intestacy laws (Modified Per Stirpes PC 240). Each Emma and Joan Mary's spouse Each of Patrick's 2 children Joe and Frank Each of Elizabeth's 2 children Jim and Eva Patrick's grandchild Eddy Patrick MPS Ø
There is a bar on Off‐Main Street called the Rock‐n‐Roll Bar. All the people that go to that bar like to listen to rock‐n‐roll music, and they love live bands. If the bar owner brings bands in to play music on a Saturday night, she will make a lot of money. However there are tenants in this building who get annoyed by the loud music. The benefits/costs to the owner/tenants of having zero, one, two or three bands on a Saturday night are listed below. Assume the bar owner has the right to hire as many bands as she likes. Iftransaction costs were $90, split between the bar owner and the tenants, how manybands would play? What would social welfare be? A. Three bands would play and social welfare would be ‐100.B. Two bands would play and social welfare would be 75.C. Two bands would play and social welfare would be ‐15.D. No bands would play and social welfare would be 0.E. Three bands would play and social welfare would be ‐190
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