You first need to establish the benefits function B. For each firm it is equal to the amount produced (q1 for firm 1 and q2 for firm 2) multiplied by the price P, minus cost C. It is
B1 = P.q1 - C1 = (69 - q1 - q2)q1 - C1
B2= P.q2 - C2 = (69 - q1 - q2)q2 - C2
As firma Will maximize benefits we need the derivative in q1 and q2 for firms 1 and 2 respectively. This will give us
69 - 2q1 - q2 = 0
69 - q1 - 2q2 = 0
Note that the derivative of cost is null as marginal cost is null.
Thus,
q2= 69 - 2q1
Replacing on the second equation:
69- q1 - 138 + 4q1 = 0
-69 + 3q1= 0
q1= 69/3=23
Replacing in the q2 equation:
q2=69- 46= 23
To find the money they make replace in benefits function. First we find piece P=69-23-23=23. Thus:
B1=23*23-C1
B2=23*23-C2
As we don't have a value for C1 and C2 we can't compute a number for benefits. If you have these values you will have the benefits.
3.
-4(-5 - b) = (1/3)(b + 16)
distribute
20 + 4b = (1/3)b + 16/3
reduce
13/3b = -44/3
divide
b = -44/13
4.
(3/5)(t + 18) = -3(2 - t)
distribute
3/5t + 54/5 = -6 + 3t
reduce
84/5= 12/5t
divide
7 = t
I hope this helps :)
90% of 100 = 0.9 x 100 = 90
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Answer: The visitor can see 90 ships.
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Answer:
Q(0, 1 )
Step-by-step explanation:
To find where the curve crosses the y- axis let x = 0 in the equation and evaluate for y, that is
x = 0 → y = 
= 1 , thus
Q(0, 1 )
