Suppose you are a manager of a firm that operates in a duopoly. recently, the state attorney general fined you and your competitor for price fixing. in your market, firms only set prices, not total quantities to sell. from previous experience, you know your competitor has a marginal cost of $ 5.38.further, your marginal costs are $ 5.36.the previous cartel price was $10.00, when you and your competitor were price fixing. what price level do you now choose to maximize profits?
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Business, 21.06.2019 16:00
Evelyn would like to open a small business that is categorized as a being in the distribution industry. to do this she could open a establishment.
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Business, 22.06.2019 10:30
Describe three scenarios in which you might utilize mathematics to investigate a crime scene, accident scene, or to make decisions involving police practice. be sure to explain how math is used in police as they work through each scenario.
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Business, 22.06.2019 15:30
The school cafeteria can make pizza for approximately $0.30 a slice. the cost of kitchen use and cafeteria staff runs about $200 per day. the pizza den nearby will deliver whole pizzas for $9.00 each. the cafeteria staff cuts the pizza into eight slices and serves them in the usual cafeteria line. with no cooking duties, the staff can be reduced by half, for a fixed cost of $75 per day. should the school cafeteria make or buy its pizzas?
Answers: 3
Suppose you are a manager of a firm that operates in a duopoly. recently, the state attorney general...
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