Business, 12.06.2021 14:00 tristenmathews

Radio ESS is a podcast channel in which you can listen comments and analyses on climate, energy and development for USA as well as on the global scale. There are three main communities following this channel: Student Club A, Student Club B and Student Club C. The utility of Club A is given as UA = qA + 360r - 20r2 where r is the hours of programming broadcasted in a week and qA is their weekly consumption of all other goods (in dollars). For Club B, the utility is UB = qB + 120r - 5r2 where qB is community B’s weekly consumption of all other goods (in dollars) and the utility of Club C is given as UC = qC + 240r - 5r2 where qC is their weekly consumption of all other goods (in dollars). The marginal cost of recording an hour of a program is $240. i) Suppose Radio ESS relies solely on donations from listeners to finance its programming. What equilibrium level of programming should we expect in each week?

ii) How much does each club donate for Radio ESS?

Radio ESS is a podcast channel in which you can listen comments and analyses on climate, energy and

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Radio ESS is a podcast channel in which you can listen comments and analyses on climate, energy and...