Read the excerpt from an interview with Peter Drucker. Giving money is basically passive. In the parable of the
good Samaritan, the important thing is that the
Samaritan went back the next day, to make sure that
the victim was treated well. He wasn't just giving
money; he was giving care. Lots of people give money;
he gave care, he did something. Social entrepreneurs
are not satisfied with just giving money.
- "A Passion for Performance," Philanthropy
Magazine
According to the excerpt, which is an example of how
a social entrepreneur could gain satisfaction?
by spending free time delivering meals to people
who are confined to their homes
O by becoming a paying member of the city's
symphony orchestra
O by donating money when asked by the cashier at a
checkout counter
by contributing part of a paycheck to an employer's
campaign for medical research

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?