Suppose that Etsy (an e-commerce site focused on handmade or vintage items) necklace vendors compete in a Bertrand market structure with differentiated products. Demand for style 1, produced by vendor 1, is given by 91 = 300 - 15p. + 10p2, where pı is price of style 1 and p2 is the price of style 2, produced by vendor 2. Demand for style 2 is q2 = 500 – 10p2 + 5p1. The costs of providing these necklaces are C1 = qı and C2 = 0.7592 respectively. The equilibrium price for style 1 is $_ .26.32 .32.54 .20.62 . 30.66

Answers

Answer 1

This means that vendor 1's profit-maximizing price for style 1 is $0.32, which is lower than the price of style 2 produced by vendor 2.

Therefore, vendor 1 captures the majority of the market share.

In a Bertrand market structure, competitors set prices for their differentiated products.

The demand for style 1 necklace produced by vendor 1 on Etsy is given by 91 = 300 - 15p1 + 10p2, where p1 is the price of style 1 and p2 is the price of style 2 produced by vendor 2.

The demand for style 2 is q2 = 500 – 10p2 + 5p1.

The costs of providing these necklaces are C1 = q1 and C2 = 0.7592 respectively.

The equilibrium price for style 1 is $0.32.

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Related Questions

How was ur day? good? or bad?

Answers

Answer:

My day has been good, how has your day been?

which scentence from The Lady, or the Tiger best paraphrases the main question, Is it the lady or the tiger​

Answers

Answer:

The correct sentence is:

Then it was that his quick and anxious glance asked the question "Which?"

Which question helps you determine a writer's opinion?
.
Who was the President during the Great Depression?

Answers

Answer: Franklin D. Roosevelt

Explanation:

Assuming the Presidency at the depth of the Great Depression, Franklin D. Roosevelt helped the American people regain faith in themselves. He brought hope as he promised prompt, vigorous action, and asserted in his Inaugural Address, “the only thing we have to fear is fear itself.”

I hope  this answers your question^^

What is one way in which democracy was still restricted?​

Answers

Answer:

It's still benefited mostly the upper class citizens.

Explanation:

The current system of democracy allow the citizens to buy influence within the government by using their wealth.  They did this by donating in Political Action Committee that help a certain candidate win the election.

Because of this, The Rich and Powerful people have more chance to influence the government by electing the candidate that will pass a set of legislation that will benefit them. The poor citizens are not capable to give such donation

Whats the difference in Primary social group and secondary school...​

Answers

Prisma tu social group is the main social group and secondary school is a second school

Is judicial review a problem for democracy?

Answers

Judicial review: Allows ordinary or special courts to invalidate executive actions that go against the constitution in addition to law. As a result of its emphasis on individual rights, pluralism, and the separation of powers, it represents the liberal notion of democracy.

What issues does democracy have?

Instability in politics. Democracy has recently been under fire for not providing adequate political stability. Democracy tends to result in frequent changes to both domestic and foreign policies because governments are constantly chosen and deselected.

How does the court contribute to democracy?

The judiciary's function is as follows: Resolution of Disputes: The court system offers a means of settling conflicts between individuals, between individuals and the government, between two state governments, and between the center and state governments.

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he US Environmental Protection Agency (EPA) estimates that high concentrations of lead in the drinking vater of older homes is associated with higher incidences of childhood learning disabilities. The EPA btained lead concentrations for a random sample of 10 homes built in San Francisco before 1970. The mea ead concentration for the sample was 24.7ppb (parts ber billion), with a standard deviation of 12ppb. 1. Find the 95% confidence interval for the mean concentration of lead in the drinking water of San Francisco homes. ppb≤μ≤ppb (round both figures to 2 decimal places) 2. What is the estimation error? ppb (to 2 decimal places). 3. Find the sample size necessary to obtain a 95% confidence level with an estimation error of 4ppb for the mean concentration of lead in the drinking water of San Francisco homes. Sample size =

Answers

The sample size necessary to obtain a 95% confidence level with an estimation error of 4 ppb is approximately 35 (rounded up to the nearest whole number).

To find the 95% confidence interval for the mean concentration of lead in the drinking water of San Francisco homes, we can use the formula:

Confidence Interval = Mean ± (Critical Value) * (Standard Deviation / √(Sample Size))

For a 95% confidence level, the critical value can be obtained from a standard normal distribution table. The critical value for a 95% confidence level is approximately 1.96.

Confidence Interval = 24.7 ± (1.96) * (12 / √(10))

Calculating the confidence interval:

Confidence Interval = 24.7 ± (1.96) * (3.79)

Confidence Interval ≈ 24.7 ± 7.43

Therefore, the 95% confidence interval for the mean concentration of lead in the drinking water of San Francisco homes is approximately 17.27 ppb to 32.13 ppb.

The estimation error is the margin of error associated with the confidence interval. It can be calculated as half of the width of the confidence interval.

Estimation Error = (Upper Limit - Lower Limit) / 2

Estimation Error = (32.13 - 17.27) / 2

Estimation Error ≈ 7.93 ppb

Therefore, the estimation error is approximately 7.93 ppb.

To find the sample size necessary to obtain a 95% confidence level with an estimation error of 4 ppb, we can use the formula:

Sample Size = (Z-Score * Standard Deviation / Margin of Error)^2

Given:

Z-Score for 95% confidence level ≈ 1.96

Standard Deviation ≈ 12

Margin of Error = 4

Substituting the values into the formula:

Sample Size = (1.96 * 12 / 4)^2

Sample Size ≈ (5.88)^2

Sample Size ≈ 34.57

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Susie is beginning to use words and symbols to distinguish objects and ideas. According to Jean Piaget's cognitive theory of development, Susie is in the sensorimotor stage. preoperational stage. concrete operational stage. formal operational stage.

Answers

Answer:

hood is the Preoperational Stage. According to Piaget, this stage occurs from the age of 2 to 7 years. In the preoperational stage, children use symbols to represent words, images, and ideas, which is why children in this stage engage in pretend play. A child’s arms might become airplane wings as she zooms around the room, or a child with a stick might become a brave knight with a sword. Children also begin to use language in the preoperational stage, but they cannot understand adult logic or mentally manipulate information. The term Operational refers to logical manipulation of information, so children at this stage are considered pre-operational. Children’s logic is based on their own personal knowledge of the world so far, rather than on conventional knowledge.

The preoperational period is divided into two stages: The Symbolic Function Substage occurs between 2 and 4 years of age and is characterized by the child being able to mentally represent an object that is not present and a dependence on perception in problem solving. The Intuitive Thought Substage, lasting from 4 to 7 years, is marked by greater dependence on intuitive thinking rather than just perception (Thomas, 1979). At this stage, children ask many questions as they attempt to understand the world around them using immature reasoning. Let’s examine some of Piaget’s assertions about children’s cognitive abilities at this age.

What was the group of schools who admitted they were not adhering to the statute enacted by the NCAA which prohibited schools from providing scholarships called?. The group included Maryland, Virginia, Virginia Tech, VMI, The Citadel, Boston College, and Villanova.

Seven Sinners

The G7

Sanity Code

Group of Seven

Answers

The group of schools that admitted to not complying with a law passed by the NCAA banning the awarding of scholarships to schools is called the "Group of Seven."

Option d is correct .

It is important not to confuse this group with the international organization known as the "Group of Seven" (G7), which is made up of seven major industrialized nations. Canada, France, Germany, Italy, Japan, UK, USA.

In the context of NCAA violations, Group of Seven specifically refers to:Maryland, Virginia, Virginia Tech, VMI, The Citadel, Boston College, Villanova. These schools were among the groups that openly admitted to non-compliance with the NCAA's scholarship limits for a specific period in the history of the college movement.

Hence, Option d is correct .

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The correct question is :

What was the group of schools who admitted they were not adhering to the statute enacted by the NCAA which prohibited schools from providing scholarships called?. The group included Maryland, Virginia, Virginia Tech, VMI, The Citadel, Boston College, and Villanova.

A. Seven Sinners

B. The G7

C. Sanity Code

D. Group of Seven

what is the main advantage of using probability samples?

Answers

The main advantage of using probability samples is that it can provide a representative sample of the which can be used to make reliable inferences about the population.

Probability samples are based on random selection, which means that each member of the population has an equal chance of being selected. This ensures that the sample accurately reflects the characteristics of the population. This means that the results of the sample can be generalized to the population, allowing researchers to draw accurate conclusions about the population. Therefore, using probability samples is an effective method to collect data that is representative of the population.

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An enslaved African American COULD do which of the following? (5 points)

A) read and write

B) leave at anytime

C) follow orders of slave owners and overseerers

D) own land/property

Answers

Answer:

the answer is c

Explanation:

the african American slaves were not allowed most things as they were suppressed

Christianity Quiz TIMED PLS HELP!!!

These are doctrines of St. Augustine:
Question 4 options:

A. Original Sin
B. Predestination
Sacrament
C. All of the above
D. A and B

Medieval Christian theology was known as:
Question 5 options:

A. Predestination
B. Scholasticism
C. Patriarchs
D. Flying Star

Question 6 options:

The Nicene ______________ standardized key doctrines of Christianity in the 4th century and is still widely recited today.

Answers

Answer:

1: A

2: C

3: d

Explanation:

Brainiest (25 Each) if correct! Please help me with this image below and using this :
: (between Israel, Turkey, and Saudi Arabia) (no symbol included)
: ( details and points; should be about - )
(): (look below at image; Don't stress it; 2-3 sentences)
(): (same as above; ' it though)
Be serious please! Finish tonight though.

Brainiest (25 Each) if correct! Please help me with this image below and using this :: (between Israel,

Answers

Country: Israel

Symbol (which i'm assuming you mean the national flag): See attached picture.

Government description: Israel is a Parliament republic, meaning that the executive branch (president) relies on the Parliament (Congress) for legitimacy and power.

Customer reviews (Agreed): 5 stars. Israel is the only democratic country in the Middle East, which provides all citizens (as well as non-citizens) protection, natural rights, as well as historical rights. They also primarily build, and also create a defensive military, rather then offensive (such as her neighboring countries).

Customer reviews (Disagree): 0 stars (Obviously). The only disagreement would be the lie that Israel "stole land", when the land was their ancestral home, and was purchased with money before the statehood of Israel was implemented. Any disagreement with the country's government would be towards it's particular governmental body during the time, rather then the structure. The failure to distinguish the two would shine the light that those who disagree with Israel's government is totalitarian at best, and a anarchist at worst.

Brainiest (25 Each) if correct! Please help me with this image below and using this :: (between Israel,

What are some school safety programs?

Answers

ask googleeeeeeeeeeee

Answer:

Osha (in the US) Occupational Safety and Health Administration.

Explanation:

Helps people understand the hazards in the workplace and other places

Which party formed the government in 2019?

Answers

Answer:

The Liberals under Justin Trudeau

Explanation:

The Graph shows Temperature in greenland from 500 ce to 1990 ce. What can these data help historians understand about the viking settlement in greenland.

Answers

Answer:

I believe it is C hope this helps

Answer:

I think its c :)

Explanation:

...

Refer to your Expeditions in Reading book for a complete version of this text.

Which sentences should be included in a summary of “A Ride in the Night”?

Select Yes or No for each sentence.
A. yes or no- Will leaves York and the horses to visit the tavern and finds it is full of British soldiers.

yes or No – When it is safe, Will returns to the tavern to tell Mr. Coleman that he has brought the horses for his son Edward to deliver.
Yes or No – One soldier suspects that Will might be transporting horses, but Will manages to leave safely.
Yes or No – Will enjoys a breakfast of ham and eggs while he waits for the soldiers to leave the tavern.

Answers

Answer:

did you find the answer? taking test to bring up grade plssss

Explanation:

Answer:

Will enjoys a breakfast of ham and eggs.............NO

When it is safe, Will returns to the tavern to tell Mr. Coleman.........YES

One soldier suspects that Will might be transporting horses.......YES

Will leaves York and the horses to visit the tavern and finds.........YES

Explanation:

CONFIRMED!

Hey there! You, yes you! Have an amazing day!

Answers

Answer:

Thank You

Explanation:

Awwww thank you so much

who the first president

Answers

The first president of the United States was war hero George Washington.

He was the only president to be elected unanimously, George Washington two term service also served to write the 22 amendment that says a president can only serve two terms!

Hope this helps! Stay Safe!

Sincerely, Mae

Answer:

George Washington

Explanation:

During a lunar eclipse, the moon is darkened by the ___.

shadow cast by Mars
sun's shadow
asteroid belt
Earth's shadow

Answers

Answer:

B

Explanation:

During the lunar eclipse the moon is darkened by the Earth shadow

Which city in Africa appears to be in the best location for trading?

Answers

Answer: Timbuktu

As trade developed across Africa, major cities developed as centers for trade. In Western Africa the major trade centers were cities such as Timbuktu, Gao, Agadez, Sijilmasas, and Djenne. Along the coast of North Africa sea port cities developed such as Marrakesh, Tunis, and Cairo.

the belief that individuals abuse alcohol because they choose to use this drug is referred to as the

Answers

The belief that individuals abuse alcohol because they choose to use this drug is referred to as the Moral model.

What is moral model?

According to the'moral model,' the core cause of problematic AOD use is a person's intrinsic moral weakness and lack of willpower. This perspective has also been extended to certain groups and even races of people.

Who made the moral model?

Reverend Beecher's efforts changed the tone of the sermon from one of moderation to one of prohibition. This was the beginning of what became and continues to be known as the moral model.

What is the moral model of addiction stigma?

Addicts, according to the Moral Model, are the result of poor choices, a lack of willpower, and a reluctance to improve their life.

What is moral theory?

A moral theory organised to identify what constitutes a morally good or correct action or position, and what makes it either right or good.

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How did the closing of the woodward department store affect the downtown eastside

Answers

Answer:

it made it harder for the people in  downtown eastside to purchase the goods for their daily needs.

Explanation:

The downtown eastside was known for a neighborhood with average lower income compared to other Areas in the city.

Woodward department store was known for its low price. So , many people in downtown Eastside actually purchase their daily products from Woodward.

Woodward eventually closed down because it can no longer sustain its operation and still maintaining the low price. This made the situation become more difficult for the Downton Eastside residence since they have no other alternative to purchase cheap products.

help nnowwwwwwwwwwww!!!!!!!!!!!!!!!!!!!!!!

help nnowwwwwwwwwwww!!!!!!!!!!!!!!!!!!!!!!

Answers

It little to no atmosphere

Answer:

The answer is D) They are held in orbit by the Sun's gravity.

When a firm decides on the right mix of capital and labor to use, which of the three basic economic questions does it answer? Choose 1 answer:
(Choice A) A Where to produce goods and services?
(Choice B) B How to produce goods and services?
(Choice C) C When to produce goods and services?
(Choice D) D What to produce?
(Choice E) E To whom do these goods and services go?

Answers

Answer:

(Choice B) B How to produce goods and services?

Explanation:

The question "How to produce goods and services" addresses directly the problem of the factors or production: capital and labor.

Before producing anything, the firm must decide how to produce it. In other words, it must decide how much labor to use (how many workers it wil hire), and how much capital to use (how many investments in things such as machinery, equipment, and so on).

The basic economic questions that a firm should use when its want to decides on the right mix of capital and labor to use is "How to produce goods and services?"

The basic economic questions that firm faced in production includes:

Where to produce goods and services? How to produce goods and services? When to produce goods and services? What to produce? To whom do these goods and services go?

Before production, a firm must decide how to produce it.

That is, it must decide how much labor to use and how much capital to use on investments like machinery, equipment etc.

Hence, the basic economic questions that a firm should use when its want to decides on the right mix of capital and labor to use is "How to produce goods and services?"

Therefore, the Option B is correct.

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2. Define one party system, two party system and multi-party system and highlight five features each of the party systems

Answers

Answer:

one party system refers to a system where only one party that exist

Two party system refers to a system where only two parties exist.

Multi party system is the system the have many parties .example Ghana has a multi party systems

In simple terms what is Socrates afraid of about poetry and its relationship to irrationality?

Answers

Socrates was afraid that poetry, and in particular, the emotional and irrational elements contained within it, could have a negative influence on society.

He believed that poetry could corrupt people's minds and lead them away from reason and logic, which were essential for living a good life. Socrates was concerned that people might be swayed by the persuasive language of poets without fully understanding the implications of what was being said, and that this could lead to misguided beliefs and actions. Therefore, Socrates was wary of poetry and its potential to undermine the pursuit of truth and wisdom.

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Where did colonists build forts to see passing ships?

Answers

Answer:

the ship sailed south to the canary islands and from there westward to the west indies

Explanation:

king cotton diplomacy led great britain to quizlet

Answers

"King Cotton diplomacy" led Great Britain to find new supplies of cotton outside the South. The correct option is a. find new supplies of cotton outside the South.

"King Cotton diplomacy" refers to the Confederate States of America's strategy during the American Civil War, which relied on the importance of cotton as a major export to gain support from European powers, particularly Great Britain. The Confederates believed that the demand for Southern cotton would force European nations to intervene in the conflict and recognize the independence of the Confederate States.

However, this strategy did not have the desired effect. Instead of recognizing the independence of the Confederate States of America or directly intervening in the conflict, Great Britain chose to find new supplies of cotton outside the South. This decision was influenced by multiple factors, including Britain's desire to remain neutral in the conflict and the availability of alternative cotton sources from countries like Egypt and India.

As a result, King Cotton diplomacy ultimately failed to achieve its goals, and the Confederacy remained isolated from European support. Great Britain did not repudiate the Emancipation Proclamation, use its warships to break the Union blockade, or stage multiple raids from Canada into the Upper Northwest. Instead, they adapted to the situation by securing new cotton sources and maintaining their neutrality in the conflict. The correct option is a. find new supplies of cotton outside the South.

The complete question is:

"King Cotton diplomacy" led Great Britain to

a. find new supplies of cotton outside the South.

b. recognize the independence of the Confederate States of America.

c. repudiate the Emancipation Proclamation

d. use its warships to break the Union blockade.

e. stage multiple raids from Canada into the Upper Northwest.

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The hypothesis that states that every employee within a hierarchy tends to rise to his or her level of incompetence is known as?

Answers

The hypothesis that states that every employee within a hierarchy tends to rise to his or her level of incompetence is known as the Peter Principle.

The Peter Principle is based on the observation that in most organizational hierarchies, such as companies, each employee tends to move up the hierarchy through promotions until they reach an appropriate level of incompetence. The Peter Principle states that if you do well at work, you are more likely to be promoted to the next level in the hierarchy of an organization. You will continue to climb the ladder until you can no longer perform well.

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