Suppose that Abigail and Betsy are the only two producers in a market, and Abigail is producing 30 units and Betsy is producing 40 units. When Abigail is producing 30 units, Betsy maximizes her profit by producing 50 units, and when Betsy produces 40 units, Abigail maximizes her profit by producing 40 units. When Abigail produces 30 units and Betsy produces 40 units.

Use letters in alphabetical order to select options

A They are in a Nash equilibrium, but they cannot be colluding.
B They are not in a Nash equilibrium, and they cannot be colluding.
C They are in a Nash equilibrium, and they could be colluding.
D They could be colluding, but they are not in a Nash equilibrium.

Goals that are overly ambitious can discourage employees and decrease motivation, yet the idea of stretch goals is proposed as a way to get people fired up and motivated. as a manager, how might you decide where to draw the line between a “good” stretch goal and a “bad” one that is unrealistic?

Based on this model, households earn income whenfirms purchasegoods and services in factor markets. suppose eileen earns $575 per week working as an analyst for a-plus accountants. she uses $10 to buy a box of aspirin at pillmart pharmacy. pillmart pharmacy pays clancy $250 per week to work the cash register. clancy uses $125 to purchase tax services from a-plus accountants. identify whether each of the following events in this scenario occurs in the factor market or the product market. event factor market product market eileen earns $575 per week working for a-plus accountants. eileen spends $10 to buy a box of aspirin. clancy spends $125 to purchase tax services from a-plus accountants. which of the elements of this scenario represent a flow from a firm to a household

The amount that people are willing to pay for each additionally unit of a product or service is the