Reference no: EM131441861
Suppose there are 1,000 people on a beach. The beach is 1,000 feet long and runs north to south. The people are evently distributed along the beach--that is, as one moves along the beach, there is one person every foot. For the purposes of this question, a "location" on the beach equals the number of feet from the southern end of the beach. For example, location 200 is 200 feet from the southern end of the beach, and 800 from the northern end.
There are two ice cream stands on the beach; call them A and B. Assume that everyone on the beach buys one cup of ice cream during the day and chooses the ice cream stand that is closest to them.
Initially, stand A is at location 800 and stand B is at location 200.
The "Dividing Line" is the location where people are indifferent between going to A and B. That is, everyone who is located north of the line goes to stand A, and everyone south of the line goes to B.
If the ice cream stands were each located at the middle of the beach (location 500), the longest anyone would have to walk for a cup of ice cream would be _______ feet. If the ice cream stands were located at the initial locations of 200 and 800, the longest anyone would have to walk for a cup of ice cream would be __________ feet. (Put your answers as integers with no commas).
Now suppose that each firm gets $3 of profit for each ice cream cone they sell and that stand A moves to location 600 while stand B remains at 200. Stand A will earn a profit of _______ dollars while stand B will earn a profit of ________ dollars. (Put your answers as integers with no dollar signs or commas).
Then if both stands move to the center (location 500), stand A will earn a profit of ________ dollars and stand B will earn ___________ dollars. (Put your answers as integers with no dollar signs or commas).
|
Describes the nature of the problem being identified
: The first submission is a short proposal of 350-500 words which describes the nature of the problem being identified; what theories, tools and techniques are available to provide a business solution; and how the various parts of the business/ orga..
|
|
What is final number output for the given code snippet
: What is the final number output for following code snippet? Which of following expressions is correct if you want to end a while loop when character variable keepgoingis anything other than character y in either uppercase or lowercase?
|
|
Compute the dividends over the specific time
: Suppose that a firm's recent earnings per share and dividend per share are $2.20 and $1.20, respectively. Both are expected to grow at 10 percent.
|
|
Quick-build-product-service system or complex system process
: l. Diagram a process for planning and cooking a family dinner. Does your pr resemble the generic product development process? Is cooking dinner analogous to a market-pull, technology-push, platform, process-intensive, customization, high-risk, quick-..
|
|
Indifferent between going to a and b
: The "Dividing Line" is the location where people are indifferent between going to A and B. That is, everyone who is located north of the line goes to stand A, and everyone south of the line goes to B.
|
|
Approaches to staffing policy-ethnocentric-polycentric
: Your text describes three approaches to staffing policy: ethnocentric, polycentric, and geocentric. When is each approach appropriate? Explain your answer. Use two scholarly sources.
|
|
Rational model and the political model of policy analysis
: Discuss the rational model and the political model of policy analysis. Provide examples from Chapter 14 that describe how client values influence policy analysis. What could cause a situation in which a development team uses the concept selection met..
|
|
What is the pay for a share of biqing''s stock
: You are considering buying stock in Biqing, Inc., a West Texas company that provides PPO medical services. The dividend just paid (i.e., D0) was $2.00 and is expected to increase by 18% per year for two years.
|
|
Evaluate the effectiveness of the current ordering system
: Sapphire Energy is responsible for providing reliable electric service to customers in and around the areas of Ballarat, Bendigo, Geelong, Mildura, Melton, Sunbury, Shepparton, Traralgon, Wangaratta and Wodonga. Evaluate the effectiveness of the cu..
|