After 8 years of working for a company that installed underground sprinkling systems for golf courses, jake was ready to venture into his own business. as he prepared his swot analysis, he evaluated where he stood at this time. he was fortunate to have $100,000 financing to get the business under way. he knew of three skilled installers who were willing and interested to work for him, and he was aware that new construction was at an all-time low, with several residential properties being foreclosed. in reviewing his list, you would categorize these events as

4. the condition requires that only one of the selected criteria be true for a record to be displayed.

Individual consumers belong to which step of choosing a target market? possible customers competition demographics communication

Suppose that two firms produce differentiated products and compete in prices. as in class, the two firms are located at two ends of a line one mile apart. consumers are evenly distributed along the line. the firms have identical marginal cost, $60. firm b produces a product with value $110 to consumers.firm a (located at 0 on the unit line) produces a higher quality product with value $120 to consumers. the cost of travel are directly related to the distance a consumer travels to purchase a good. if a consumerhas to travel a mile to purchase a good, the incur a cost of $20. if they have to travel x fraction of a mile, they incur a cost of $20x. (a) write down the expressions for how much a consumer at location d would value the products sold by firms a and b, if they set prices p_{a} and p_{b} ? (b) based on your expressions in (a), how much will be demanded from each firm if prices p_{a} and p_{b} are set? (c) what are the nash equilibrium prices?