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.
Answer:
2,242.5
Step-by-step explanation:
10² = 100 (one and 2 zeros ; notice that the exponent is 2 )
Makes sense that we will need a bigger number than 22.425 to divide by 100 to get a 22.425 so move the decimal point to the left 2 spots and get 2,242.5.
2,242.5 /100 = 22.425
Comment
The trick is to know whether you should be reading your totals going down or across. We will be discussing this possibility carefully for the first question in the group.
In the meantime, letter the questions from A to H
A
A is the first member of a group of 5 where you read going down. You know this because you are give the gender first and then you want the total of the people (boys and girls) who participate in this activity.
So for A you have 8 boys who will choose swimming out of 17 (the rest of course are girls).
P(boy if swimming is the activity) = 8/ 17 = 0.47
B
P(girl if the activity is sports) = 7/27 = 0.26 Did you catch on that you were reading down?
C
P(Girl if the activity is reading) = 4/6 = 0.67
D
P(Boy if the activity is sports) = 20/27 = 0.74
E
This is the first question of the second group. Here you will get your totals by reading across. The reason is that you are given the activity, now you must supply the gender from the total number of people in the group of either boys or girls.
P(Swimming given that it is a girl) = 9/20 = 0.45 In other words you know you area working with girls. What you need to declare is the probability of what these girls will choose.
F
P(probability of reading if it is a boy) = 2/30 = 0.07 Think very carefully how these answers are derived. It's all a matter of reading which total to take and why. In this case you are taking the total number of boys and how many of them are doing the activity.
G
P(Swimming if a Boy) = 8/30 = 0.27
H
P(reading if a girl) = 4/20 = 0.2
Very interesting question. You'll learn a lot if you consider which comes first and what that means.
Answer:
c=+20
Step-by-step explanation:
6c+14=-50+4+9c
move all terms to the left
6c+14-(-50+4+9c)=0
add all the numbers and variables together
6c-(9c-46)+14=0
We get rid of parentheses
6c-9c+46+14=0
add all the numbers and variables together
-3c+60=0
move all terms containing c to the left, all other terms to the right
-3c=-60
c=-60/-3
c=+20
Hope this helps!!!
