Help me in solving the following questions
(3) You and a classmate are assigned a project on which you will receive one combined grade. You each want to receive a good grade, but you also want to avoid hard work. In particular, here is the situation: If you both work hard, you get an A, which gives you each 40 units of happiness .If only one of you works hard, you both get a B, which gives you each 30 units of happiness. .If neither of you works hard, you both get a D, which gives each of you 10 units of happiness. . Working hard costs 25 units of happiness. (a) Fill in the following payoff matrix: Your decision Work Shirk Classmate's Work decision Shirk (b) What is the likely outcome? Explain your answer. T (c) If you get this classmate as your partner on a series of projects throughout the year, rather than only once, how might that change the outcome you predicted in part (b)?+ Quizaquiz probGuid=(NAPCOA$01010001003594-40200400008cix-smedcalle1-00018ck-8_14919842 10 C Q Sand 1. Pricing foreign goods As Aa The exchange rate Is the price of one currency in terms of another currency. An exchange rate specifies how many 1. Pricing foreign goods An Aa The exchange rate Is the price of one currency in terms of another currency. An exchange rate specifies how many units of one country's currency equal one unit of another country's currency. Suppose the following table forecasts exchange rate data for November 26, 2014, in terms of U.S. dollars per unit of foreign currency. Use the information in the table to answer the questions that follow. U.S. Dollars ($) Foreign Currency per Unit of Foreign Currency Brazilian real (R$) 0.3666 Canadian dollar (CDN$) 0.8493 Euro (C ) 1.3288 Japanese yen (#) 0.009748 Mexican peso (MEX$) 0.0889 UK pound (E) 1.8965 Suppose that on November 26, 2014, a children's doll handmade in Japan is priced at V1,000. The approximate U.S. dollar price of the doll would be If the exchange rate for the U.S. dollar-Japanese yen falls from the rate given by the table to $0.0047 per yen, the value of the U.S. dollar relative to the yen. Grade It Now Save & ContinueA restaurant faces very high demand for its signature mousse desserts in the evening but is less busy during the day. Its manager estimates that inverse demand functions are pe = 30 - Qe in the evening and pd = 16 -Qd during the day, where e and d denote evening and daytime. The marginal cost of producing its dessert evening, MCe, is $8. The marginal cost of producing its dessert daytime, MCd, is $4. There is no fixed cost of producing dessert. Create a spreadsheet with the column headings Qe, Pe, TRe, MRe, TCe, MCe, ne, Qd, Pd, TRd, MRd, TCd, MCd, and nd. (note: ne is profit evening and nd indicates profit daytime) a. What are the optimal prices for the dessert that the restaurant should charge during the evening hours? b. What is the optimal quantity for the dessert that the restaurant should produce during the evening hours? c. What is the total cost of producing the optimal quantity for the dessert during the evening hours? d. What is the maximum profit for the dessert that the restaurant should produce during the evening hours? e. What are the optimal prices for the dessert that the restaurant should charge during the daytime hours? f. What is the optimal quantity for the dessert that the restaurant should produce during the daytime hours? I g. What is the total cost of producing the optimal quantity for the dessert during the daytime hours? h. What is the maximum profit for the dessert that the restaurant should produce during the daytime hours
