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3 years ago

Which is not one of the four criteria for a geometric setting?

1 answer:

7 0

The Three outcomes which are the success, failure, and proficient are not one of the four criteria for a geometric setting.

The criteria for geometric setting are:
1. Each observation is subdivided into two categories: Success and Failure.
2. The probability of success remains constant for each observation.
3. The observations are always independent.
4. The variable of interest is defined as the number of trials required to obtain the first success.

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Two firms compete in a market to sell a homogeneous product with inverse demand function P = 600 – 3Q. Each firm produces at a c

podryga [215]

Answer:

Explanation:

We need to find the function of firm 1 and firm 2 which we have as

PQ1/Q1= 300

600Q1– 3Q21 – 3Q1Q2/ = 300

300 – 6Q1 – 3Q2= 300

Q1 = 1/6(600 -300 – 3Q2)

Q1 = 50 – 1/2Q2 Reaction function for firm 1

Q2 = 50 – 1/2Q1 Reaction function for firm 2

Cournot which we have as;

Q2 = = 1/6(600 -300 – 3Q1)

Q2 = 50 – 1/2Q1

Q2 = 50 – ½(50 – 1/2Q1)

Q2 = 50 – 25 + 1/4Q1

Q1 = 100/3 = 33.33 Output

Q2= 100/3 = 33.33 Output

Equilibrium market price which is

P = 600 – 3(Q2+ Q2)600 – 3(100/3 + 100/3)= 400

Profits for firm 1

Π1 = TR1– C1= PQ1 – C1=400 * 100/3 – 300 * 100/3= 10000/3 = $3,333.33 For firm 1

Profits for firm 2

Π2 = TR2– C2= PQ2 – C2=400 * 100/3 – 300 * 100/3= 10000/3 = $3,333.33 For firm 2

Stackelberg is given as ;

QL= (600 – 300)/2*3 = 50 Firm 1 output is QL = 50

QF= (600 – 300)/4*3 = 25 Firm 2 output is QF =25 P = 600 – 3*75 = 375

Π1 = (375-300) * 50 = 3750Profit for firm 1

Π2 = 75*25 = 1875 Profit for firm 2

Bertrand is given as ;

Under this competition, price is the same to marginal cost and profits are zero

600 – 3Q = 300

Q = 100 Output = 100

P = Zero

Collusive Behavior is given as;

MR=MC600 - 6Q = 300

300 = 6QQ = 50 Output

P = 600 – 3*50 = 450

Π = (450 – 300) * 50 = 7,500profit

3 0

3 years ago

What is one way to speed up the acquisition of a classically conditioned response?

Vanyuwa [196]

One way to speed up the acquisition of classically conditioned response is to INCREASE THE INTENSITY OF BOTH THE CONDITIONED STIMULUS AND UNCONDITIONED UNCONDITIONED STIMULUS.
Acquisition refers to how learned responses are strengthened or changed over time. Classical conditioning refers to the learning process which occur when two stimuli are repeatedly paired. In order to increase the rate of learning [acquisition], the intensity of both the condition and unconditioned stimulus can be increased.

6 0

3 years ago

If a gain of $221000 is realized in the cash sale of a building having a book value of $882000, the total amount reported in the

djyliett [7]

Answer:

$1,103,000

Explanation:

The cash flow statement categories the company's transactions in a financial period into 3 groups; these are operating, investing and financing.

The net profit/loss, depreciation, changes in current assets (other than cash) and liabilities are considered as operating activities including income taxes.

The sale of assets, interest received, purchase of investments are examples of investing activities while the issuance of stocks, debt principal deduction (loan settlement), issuance of debt securities etc are examples of financing activities.

For assets disposed, the amount received from the disposal is the amount recorded as an investing activity.

Amount received - Book value of asset = Gain on disposal

Amount received = $221000 + $882000

= $1,103,000

8 0

3 years ago

Vaughn’s standard quantities for 1 unit of product include 5 pounds of materials and 1.0 labor hours. The standard rates are $4

Lilit [14]

Answer:

$31.00

Explanation:

Calculation to determine what The total standard cost of Vaughn's product is

Using this formula

Total standard cost of product=(Material Standard rate per pound × pounds of material) + (Labor standard rate per hour × labor hours) + (Standard overhead rate x labor hours)

Let plug in the formula

Total standard cost of product=[($4 × 5) + ($5 × 1.0)]+ ($6 × 1.0)

Total standard cost of product=($20+$5)+$6

Total standard cost of product= $25.00 +$6

Total standard cost of product= $31.00

Therefore The total standard cost of Vaughn's product is $31.00

6 0

2 years ago

What are five natural resources economic quiestion

musickatia [10]

I don’t know but what I do know is imma get my daily verification so thank you buddy hopefully someone answers your question

8 0

3 years ago