User Account

All Pages

Find alpha vineyard best-response function

Assignment Help Basic Computer Science
Reference no: EM131499028

Two ?rms, Alpha Vineyard and Beta Winery, produce and sell wine. The demand for Alpha's wine is given by the equation,

QA = 200-PA + PB.

In this equation, the price of Alpha's wine is PA per bottle, and the price of Beta's wine is PB per bottle. Alpha Vineyard has a marginal cost of MCA = $20 per bottle, and a ?xed cost of FCA = $6000. The demand for Beta's wine is given by the equation,

QB = 9000-100PB + 40PA.

Beta Winery has a marginal cost of MCB = $10 per bottle, and a ?xed cost of FCB = $10,000. The two ?rms compete by simultaneously selecting prices.

Q1. Are the bottles of wine produced by Alpha Vineyard and Beta Winery, homogeneous products or heterogeneous products? Your answer must reference the two ?rms' demand functions.

Q2. Find Alpha Vineyard's best-response function.

Q3.  Find Beta Winery's best-response function.

Reference no: EM131499028

Questions Cloud

What are implications for an organization corporate strategy : Research into corporate "bloopers" by Professor Sidney Finkelstein pinpointed some reasons why smart executives made bad decisions.
How the fed sale of government bonds shifts : Explain how the Fed's sale of government bonds shifts the supply curve for money.
Illustrate the use case using visio or a similar product : Illustrate the use case using Visio or a similar product. Describe (in a one to two page narrative) a use case dependency for making an account deposit.
Result of the sarbanes-oxley act : Suggest one benefit to financial accounting reporting that will occur in the next five years as a result of the Sarbanes-Oxley Act.
Find alpha vineyard best-response function : Find Alpha Vineyard's best-response function. Find Beta Winery's best-response function.
Use them to increase inventory : Its initial inventory level is $412,000, and it will raise funds as additional notes payable and use them to increase inventory.
Provide example that is relevant to a college environment : Provide example that is relevant to a college environment that illustrates reasons for converting database tables to the First, Second, and Third Normal Forms.
Constitutional right to disobey a directive : Hypothesize a situation in which a public administrator or employee should have the constitutional right to disobey a directive ordered by a superior.
Assume that the yield to maturity remains constant : Assume that the yield to maturity remains constant for the next 2 years. What will the price be 2 years from today?

Reviews

Write a Review

Basic Computer Science Questions & Answers

  Identifies the cost of computer

identifies the cost of computer components to configure a computer system (including all peripheral devices where needed) for use in one of the following four situations:

  Input devices

Compare how the gestures data is generated and represented for interpretation in each of the following input devices. In your comparison, consider the data formats (radio waves, electrical signal, sound, etc.), device drivers, operating systems suppo..

  Cores on computer systems

Assignment : Cores on Computer Systems:  Differentiate between multiprocessor systems and many-core systems in terms of power efficiency, cost benefit analysis, instructions processing efficiency, and packaging form factors.

  Prepare an annual budget in an excel spreadsheet

Prepare working solutions in Excel that will manage the annual budget

  Write a research paper in relation to a software design

Research paper in relation to a Software Design related topic

  Describe the forest, domain, ou, and trust configuration

Describe the forest, domain, OU, and trust configuration for Bluesky. Include a chart or diagram of the current configuration. Currently Bluesky has a single domain and default OU structure.

  Construct a truth table for the boolean expression

Construct a truth table for the Boolean expressions ABC + A'B'C' ABC + AB'C' + A'B'C' A(BC' + B'C)

  Evaluate the cost of materials

Evaluate the cost of materials

  The marie simulator

Depending on how comfortable you are with using the MARIE simulator after reading

  What is the main advantage of using master pages

What is the main advantage of using master pages. Explain the purpose and advantage of using styles.

  Describe the three fundamental models of distributed systems

Explain the two approaches to packet delivery by the network layer in Distributed Systems. Describe the three fundamental models of Distributed Systems

  Distinguish between caching and buffering

Distinguish between caching and buffering The failure model defines the ways in which failure may occur in order to provide an understanding of the effects of failure. Give one type of failure with a brief description of the failure

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd