2001 Graded Quiz (Units 4-7) 8 9 Time left 0:26:46 Finish atte In trying to solve for the Cournot-Nash equilibrium, given (y+) = R₁(y2) = 30-y and (y2) = R₂(y)= 60-yi, solve for yi 4 Out of 5 question Answer: wious page 0 Search D ? Next page A
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- Redo Exercise 5, assuming that the house blend contains 300 grams of Colombian beans, 50 grams of Kenyan beans, and 150 grams of French roast beans and the gourmet blend contains 100 grams of Colombian beans, 350 grams of Kenyan beans, and 50 grams of French roast beans. This time the merchant has on hand 30 kilograms of Colombian beans, 15 kilograms of Kenyan beans, and 15 kilograms of French roast beans. Suppose one bag of the house blend produces a profit of $0.50, one bag of the special blend produces a profit of $1.50, and one bag of the gourmet blend produces a profit of $2.00. How many bags of each type should the merchant prepare if he wants to use up all of the beans and maximize his profit? What is the maximum profit?= Two firms have cost functions C₁ y and C₂. The inverse demand function for the firms' output is = 120-D, where D is the total output. What are the firms' outputs in a Nash equilibrium of Cournot's model and also their individual profits? Edit Format Table7- Deteremin all Max and min value of y=xe* +3e³
- Solve the 2 Market commodities of market equilibrium using Cramer's Rule • Find the equilibrium price and quantity for each of the following models: D = S D = 3 - 2P S = -1+5P D1 = S1 D1 = 5 – 2P, + P2 S = -3 + 5P, – 2P2 D2 = S2 D2 = 2 + 2P, – P2 S2 = -43 – 2P1 + 3P2 a. b. %3D %3D %3Dgle Chrome c.edu.om/mod/quiz/attempt.php?attempt-D199758&cmid=11765&page%=D6 ematics for Business and Economics(1) EO course 'Mathematics for Business and Economics(1)'" The equilibrium prices X and v for two goods satisfy the equations (by using cramer's rule) 5X + Y = 45 ut of 2X +3Y= 31 (a) Find the values of x (b)Find the value of y ous page Next pa - to search BbThe firms in a duopoly produce differentiated products. The inverse demand for Firm 1 is p1=82-q1-0.5q2. The inverse demand for Firm 2 is p2=100-q2-0.5q1. Each firm has a marginal cost of m=$1 per unit. Solve for the Nash-Cournot equilibrium quantities. The Cournot equilibrium quantities are q1=nothing units and q2=nothing units.
- Q4. In simulation study of a manufacturing system, both the average daily production rates obtained from simulation model (use data from day n1/2 to day n2/2, round it to nearest integer) and from the real system are given, in data set 3. - n1= 6. , n2= 76 - Apply t test to decide if we can assume the simulation model is a valid representation of the real system is given. - Check if we can assume the average daily production rates obtained from simulation in successive days are independent by using scatter diagram (X Y plot in excel; X axis Xi value Y axis Xi+1)2. Consider a version of the shirking game with U, 3D 5p - w+ (1 — р)mw - т UA = p(w-2) +(1-p)(1-m)w A. Find the equilibrium p and m as a function of w B. Find the equilibrium w C. Why is the equilibrium in this game inefficient?The weekly demand and supply functions for Sportsman 5x7 tcnts are given by p= -0.1x2 - x + 40 p = 0.1a? + 2x + 20 respectively, where p is measurcd in dollars and x is mcasured in units. Find the cquilibrium quantity and price. O The equilibrium quantily is 5 units and price is $32.50. O The equilibrium quantity is 500 units and price is $32.50. O The equilibrium quantity is 32.5 units and price is $500. O None of the Above
- Playing Game 2 (see attached) by using a maximin strategy would: Game 2.pdf 32 KB A. Change the equilibrium to (R2,C1) if R moved first. B. Not change the equilibrium from the equilibrium of the original game. C. Change the equilibrium to (R2,C1) if C moved first. D. Change the equilibrium to (R1,C2). E. Change the equilibrium to (R2,C2).(- ) 2 -4 GTiven A= STiveY and ůj -3 A find A %3D if H possible . It not state youre TeasoMioq.Google Docs x G 2020 dodge scat pack - Google O Odysseyware ylor.owschools.com/owsoo/studentAssignment/index?eh=776344597 ASSIGNMENTS COURSES Assignment - 21. Systems of Equations Attempt 1 of 2 SECTION 2 OF 4 QUES Given the system below: gx) = 2% Which value(s) of x make f(x) = gx) a true statement? If necessary, you may choose more than one answer. 00 02 03 01 04 NEXT QUESTION O ASK FOR HELP TURN IT IN
