Create a process map for withdrawing cash from an atm machine as described below: janet needed some cash and walks up to an atm machine. she inserts her debit card. the machine returns the card and the monitor reads: “could not read the card try again”. janet recognizes that she has entered the card in the wrong direction. she takes the card and turns it around and insert the card again. the machine keeps the card and the monitor reads: “enter pass code”. janet enters a 4 digit code. the monitor reads: “ error, try again”. janet enters the code again. the monitor displays: withdrawal? yes no janet selects yes. displays shows: “ $100, $200, $300, $400, $”. janet selects $200. the machine pushes out 10 $20 bills. monitor then displays “receipt? yes no”. janet selects no. monitor displays “take your cash” . the machine returns the card. display changes to “ you”. janet takes the cash and her card and walks away.

Consider a two-firm industry. firm 1 (the incumbent) chooses a level of output q1. firm 2 (the potential entrant) observes q1 and then chooses its level of output q2. the demand for the product is p = 100 - q, where q is the total output sold by the two firms which equals q1 +q2. assume that the marginal cost of each firm is zero. a) find the subgame perfect equilibrium levels of q1 and q2 keeping in mind that firm 1 chooses q1 first and firm 2 observes q1 and chooses its q2. find the profits of the two firms-? 1 and ? 2- in the subgame perfect equilibrium. how do these numbers differ from the cournot equilibrium? b) for what level of q1 would firm 2 be deterred from entering? would a rational firm 1 have an incentive to choose this level of q1? which entry condition does this market have: blockaded, deterred, or accommodated? now suppose that firm 2 has to incur a fixed cost of entry, f > 0. c) for what values of f will entry be blockaded? d) find out the entry deterring level of q1, denoted by q1b, as a function of f. next, derive the expression for firm 1

Which of the following tasks would be a line cook's main responsibility? oa. frying french fries ob. chopping onions oc. taking inventory of stocked dry goods od. paying invoices

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