1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sindrei [870]
3 years ago
13

Amy and Soma discover a stream that flows wine. Amy and Soma decide to bottle the wine and sell it. The marginal cost and the fi

xed cost to bottle wine are 54 and zero respectively. The market demand for bottled wine is given by: P = 904-50, where Q is the total quantity of bottled wine produced and Pis the market price of bottled wine. Answer the following questions. a. What are the economically efficient (in other words, perfectly competitive) price and quantity of bottled wine? Show your work. How much will be the profit? (1+1+2+2 - 6 points) b. If Amy and Soma were to collude with one another and produce the pront-maximizing monopoly quantity of bottled wine and share the profit equally, how much bottled wine will each one of them produce? Show your work. At what price? How much profit will each one of them earn? (2+2+242 - 8 points) C. Suppose that Amy and Soma act as Cournot duopolists. How much bottled wine will each one of them produce? Show your work. At what price? How much proht will each one of them earn? (2+8+2+2 -14 points) d. Suppose Soma isa naive Cournot duopolist so that Amy can act as a Stackelberg leader. What level of output will each one of them produce? Show your work. What will be the price of wine? How much will be the profit for each one of them? (4+6+2+4 - 16 points)

Business
1 answer:
Alinara [238K]3 years ago
5 0

Answer

Profit of Amy = (229)(90) - 9(90)

=20610  - 360

=20250

Profit of Sonia (229)(95) - 4(45)

=1035-180

=10125

The answer and procedures of the exercise are attached in the following images.

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in the following images.

You might be interested in
Which answer applies to "fine print"?
Kay [80]

Answer:

D. All of the Above

hope this helps!

6 0
3 years ago
After a large hotel chain discovered that their computer systems had been hacked and customer credit card information had been a
Gnesinka [82]
The hotel's quick action in response to a serious situation was likely due to CYBER SECURITY BREACH. It is a threat not only to the customers but to the hotel business as well because with this breach, customers will find it hard to trust said hotel again. 

Because confidential data like credit card information were stolen, they need to immediately inform their customers to ensure that the customers will take the necessary steps in protecting themselves from having their identity stolen and from having their credit cards used in purchasing items they are not aware off. 
4 0
3 years ago
New brands with a small market share tend to spend proportionately more for advertising and sales promotion than those with a la
mestny [16]

Answer:

b. New brands require higher spending to reach a minimum level of exposure needed to affect purchase habits

Explanation:

New brands with a small market share tend to spend proportionately more for advertising and sales promotion than those with a large market share because a certain minimum level of exposure is needed to measurably affect purchase habits.

3 0
3 years ago
Bateman Gray Motors sells the cars it produces using dedicated dealers who only sell Bateman Gray's products at their outlets. W
weqwewe [10]

The  kind of marketing strategy that Bateman Gray adopted with its car dealers is exclusive dealing.

Exclusive dealing marketing strategy occur when a dealer only sell the items or goods made by a specific or particular supplier or manufacturer.

This means that customers can not find another brand of products produce by another manufacturer in the dealer outlet because the dealer has stick to that particular products from the designated supplier.

Based on the information given the car dealer is engaging in what is called Exclusive dealing because the dealer is only selling a particular brand products from a particular company.

Learn more about exclusive dealing here:

brainly.com/question/15182671

3 0
2 years ago
A fraud examiner can request a business’s bank records even if the business is not legally obligated to comply.a) trueb) false
galben [10]

Answer:

false

Explanation:

5 0
2 years ago
Other questions:
  • Lonergan, Inc., a calendar year S corporation in Athens, Georgia, had a balance in AAA of $200,000 and AEP of $110,000 on Decemb
    13·1 answer
  • In a conditional expression that includes logical operators, the and operator has a lower order of precedence than the _________
    7·1 answer
  • Suppose a researcher wants to evaluate a self-esteem program by measuring students’ self-esteem before and after a self-esteem p
    13·1 answer
  • A(n) _____ GPA does not include extra points for honors or advanced placement (AP) courses.
    12·2 answers
  • Coercive Acts Committees of Correspondence direct tax Indirect tax A. colonial extralegal shadow governments that convened to co
    13·1 answer
  • The marketing activity that receives the most attention from those concerned with ethical considerations is product strategy, bu
    12·1 answer
  • Annenbaum Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the
    12·1 answer
  • Muecke Inc. is working on its cash budget for April. The budgeted beginning cash balance is $40,000. Budgeted cash receipts tota
    5·1 answer
  • The principle of self-reference is based on the idea that people won't deviate from the overall mission of their organization if
    7·1 answer
  • Please help<br> How does supply and demand effect the price of an item?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!