Vitamin Market Areas. Beta and Gamma produce vitamin A at a constant average cost of $5 per unit. Assume that low-price guarantees are illegal. Here are the possible outcomes: Price fixing (cartel). Each firm sells 30 units at a price of $20 per unit.
Duopoly (no price fixing). Each firm sells 40 units at a price of $12 per
Underpricing (one firm charges $20 and the other charges $12). The low-price firm sells 70 units and the high-price firm sells 5

1)Suppose Beta chooses a price first, followed by Gamma. Draw a game tree for the price-fixing game and predict the outcome.

2)Suppose the firms agree to pick the high Once Beta picks the high price, how much
more could Gamma earn if it cheated on the price- fixing agreement?

3)Suppose the firms divide the market into two areas of equal size and assign each firm one of the Each firm agrees to sell only in its assigned areas. Will this arrangement generate a successful cartel?

51-50

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5/12, or 5: 12

step-by-step explanation:

"it's not the heat, it's the humidity".   that's a partly valid phrase you may have heard in the summer, but it's actually both.   the heat index, also known as the apparent temperature, is what the temperature feels like to the human body when relative humidity is combined with the air temperature.   this has important considerations for the human body's comfort.   when the body gets too hot, it begins to perspire or sweat to cool itself off.   if the perspiration is not able to evaporate, the body cannot regulate its temperature.   evaporation is a cooling process.   when perspiration is evaporated off the body, it effectively reduces the body's temperature.   when the atmospheric moisture content (i.e. relative humidity) is high, the rate of perspiration from the body decreases.   in other words, the human body feels warmer in humid conditions.   the opposite is true when the relative humidity decreases because the rate of perspiration increases.   the body actually feels cooler in arid conditions.   there is direct relationship between the air temperature and relative humidity and the heat index, meaning as the air temperature and relative humidity increase (decrease), the heat index increases (decreases).

step-by-step explanation:

ur mom

step-by-step explanation: