There Are Two Existing Firms in the Market for Computer

question 140

Multiple Choice

There are two existing firms in the market for computer chips.Firm A knows how to reduce the production costs for the chip and is considering whether to adopt the innovation or not.Innovation incurs a fixed setup cost of C,while increasing the revenue.However,once the new technology is adopted,another firm,B,can adopt it with a smaller setup cost of C/3.If A innovates and B does not,A earns $30 in revenue while B earns $10.If A innovates and B does likewise,both firms earn $20 in revenue.If neither firm innovates,both earn $10.Under what condition will firm B have an incentive to adopt if firm A adopts the innovation?

• A) C > 30
• B) C < 30
• C) 10 > C > 0
• D) 35 > C > 25

Understand the significance of fossils in interpreting past environments.

Comprehend the principles of radiometric dating and the concept of half-lives.

Describe the formation and significance of various unconformities.

Grasp the concept of geologic time and the main subdivisions of the geologic timescale.

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Definitions:

Atraumatic Care

A healthcare approach aimed at minimizing or eliminating physical and psychological trauma to patients during medical procedures and interactions.

Aspiration

The inhalation of food, liquid, or other objects into the lungs, which can cause respiratory distress or infection.

Liquid Medication

Medicinal substances in liquid form, intended for oral ingestion, injection, or another method of administration.

Crying Infant

An infant’s way of communicating distress, discomfort, hunger, or the need for attention to caregivers.