The management at moosewoods park is trying to decide whether to replace their portable toilets with flush toilets at the very popular moosewoods campground, as well as how many flush toilets to install, if they do choose to install them. they concluded that they will install flush toilets if the total surplus is greater than $50$50 in relation to the number of flush toilets at the equilibrium and the cost per campsite per night. installing flush toilets will involve an increase in the cost per campsite per night. researchers have calculated the demand and supply curves for flush toilets at this park and discovered that they are both perfectly straight lines. at $35$35 per campsite per night, no one will want flush toilets. at $0$0 per campsite per night, campers will demand seven flush toilets. managers are willing to supply no flush toilets at the current campsite cost of $5$5 per night, but are willing to supply eight flush toilets at $25$25 per campsite per night. use the supply, demand and total surplus information to answer the three questions. what is the number of flush toilets desired at the equilibrium point? toiletstoilets what is the total surplus? $ will the managers install the number of flush toilets determined in the first question? not enough information to determine yes no

Suppose that fizzo and pop hop are the only two firms that sell orange soda. the following payoff matrix shows the profit (in millions of dollars) each company will earn depending on whether or not it advertises: pop hopadvertise doesn’t advertisefizzo advertise 10, 10 18, 2doesn’t advertise 2, 18 11, 11for example, the upper right cell shows that if fizzo advertises and pop hop doesn't advertise, fizzo will make a profit of $18 million, and pop hop will make a profit of $2 million. assume this is a simultaneous game and that fizzo and pop hop are both profit-maximizing firms.if fizzo decides to advertise, it will earn a profit if pop hop advertises and a profit if pop hop does not advertise.if fizzo decides not to advertise, it will earn a profit if pop hop advertises and a profit if pop hop does not advertise.if pop hop advertises, fizzo makes a higher profit if it chooses (not to advertise, to .if pop hop doesn't advertise, fizzo makes a higher profit if it chooses (not to advertise, to . suppose that both firms start off not advertising. if the firms act independently, what strategies will they end up choosing? fizzo will choose to advertise and pop hop will choose not to advertise.both firms will choose to advertise.fizzo will choose not to advertise and pop hop will choose to advertise.both firms will choose not to advertise.again, suppose that both firms start off not advertising. if the firms decide to collude, what strategies will they end up choosing? fizzo will choose not to advertise and pop hop will choose to advertise.both firms will choose not to advertise.fizzo will choose to advertise and pop hop will choose not to advertise.both firms will choose to advertise.