A business person is desperate to better organize their business. They hire you to act as an efficiency expert. As you review their situation, you notice they file all of their receipts and documents into one overflowing folder. Their workspace is very messy with many piles of papers and useless knick-knacks. They mention difficulty finding important documents and have forgotten important dates and events due to their clutter. Write a formal letter to your client offering tips on ways to make their business more organized and efficient. Make sure your letter has specific examples which can improve the business' organization.

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?