For the month of June, Wilder Bottling expects to sell 12,500 cases of Raspberry Soda at $25 per case and 33,000 cases of Lemonade at $32 per case. Sales personnel receive a 6% commission on each case of Raspberry Soda and an 8% commission on each case of Lemonade. To receive a commission on a product, the sales personnel team must meet the individual product revenue quota. The sales quotas for Raspberry Soda and Lemonade are $500,000 and $1 million, respectively. What are the sales commissions budgeted for June

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?