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Consider a free-entry equilibrium in which sector y is competitive, and x producers compete a la Cournot. Zero profits in the competitive sector imply that the salary will be equal to the price of y, which we have normalized to 1. Let us focus on the market for x and characterize a symmetric Cournot equilibrium. Aggregating over consumers, the total demand for x can be written
Set up the augmented matrix that describes the situation, and solve for the desired solution. You invested $2,300 into account 1, and $2,500 into account 2. If the total amount of interest after one year is $242, and account 2 has 1.5 times the in..
A jogger is running at 9 kmph alongside a railway track in 240 meters ahead of the engine of a 120 meters long train . The train is running at 45 kmph in the same direction. how much time does it take for the train to pass the jogger?
Water is being drained from a container which has the shape of an inverted right circular cone. The container has a radius of 6 inches at the top and a height of 10 inches.
question 1 a saleswoman is working on a 3 commission basis. if she wants to make 3000 in one month how much must she
Determine the Critical points of f, intervals where f is increasing/decreasing, local maximum and minimum values of f, intervals where y = f(x) is concave upward and concave downward and Inflection point(s).
The circumference of a sphere was measured to be 72.000 cm with a possible error of 0.50000 cm. Use linear approximation to estimate the maximum error in the calculated surface area.
Trace the algorithm below and track the number of times that the addition operation (+) is executed over the course of the program's run time. Answer the question by giving a formula in terms of n:
A family is canoeing downstream (with current). Their speed relative to the banks of the river averages 2.75 mi/h. During the return trip, they paddle upstream (against the current), averaging 1.5 mi/h relative to the riverbank.
Kelko made $198 for 11 hours of work. At the same rate, how much would she make for 8 hours of work
Consider Exercise 12-8-b. How many units of the new product must be sold (if the selling price is $14.00) to breakeven on the new product?
Explain the ramifications of various differences in the costs of materials, i.e. what happens to the dimensions of the box. You might want to deal with certain cases.
Write down the fixed-end boundary conditions at x = 0 and x = 1 for the displacement u(x,t), and then deduce the boundary conditions for the functionF(x).
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