Suppose that Jason and Chad are simultaneously choosing the location of their stands, what is the Nash Equilibrium location? a. There is no Nash Equilibrium b. One of them puts a stand at 0 and the other puts a stand at 1 c. One of them puts a stand at 3/4 and the other puts a stand at 1/4 d. Chad and Jason put their stands right next to each other at 1/2

Afinancial institution, the thriftem bank, is in the process of formulating its loan policy for the next quarter. a total of $12 million is allocated for that purpose. being a full-service facility, the bank is obligated to grant loans to different clientele. the following table provides the types of loans, the interest rate charged by the bank, and the possibility of bad debt as estimated from past experience.type of loaninterest rateprobability of bad debtpersonal.140.10car.130.07home.120.03farm.125.05commercial.100.02 bad debts are assumed unrecoverable and hence produce no interest revenue either. competition with other financial institutions in the area requires that the bank allocate at least 40% of the total funds to farm and commercial loans. to assist the housing industry in the region, home loans must equal at least 50% of the personal, car, and home loans. the bank also has a stated policy specifying that the overall ratio for bad debts on all loans may not exceed .04. formulate this problem as a linear program. define your variables clearly and write all the constraints explaining the significance of each.

Explain the relationship between consumers and producers in economic growth and activity

Arestaurant that creates a new type of sandwich is using (blank) as a method of competition.