Japadog is the pioneer of street vending in Vancouver. They are unique to Vancouver(they tried to branch outin New York but apparently failed) and they sell “Japanese-style” hot-dogsin the streets. They have a stand that serves a stretch of West Cordova. There’s only one licence, so they do not decide how many stands to open. One stand. On any given day Japadog expects that up to 100 visitors may want to buy their hot-dogs. They think that the Hotelling spatial model is a good framework to make theirbusiness decision, and here are their estimates: the dog’s reservation price is $9, a customer’s cost of traveling along West Cordova is $6/km, there are no fixed costs, the stretch of West Cordova they serve is 1 km long, and they have a stand right in the middle ofthatstretch. The cost of making the hotdogsis flat $6 per dog. 1. What is the profit- maximizing price ($ per hot-dog)? 2. How many hot-dogs(per day) would Japadog sell? 3. What profit will Japadog expect to make ($ per day) Solution First-rate proof of Mayor Sam Sullivan\'s political vulnerability seem at all of the wannabes lining up for the 2008 mayoral contest. Two-time mayoral candidate Jim inexperienced, NDP MLA Gregor Robertson, and councillors Raymond Louie and David Cadman have not dominated themselves out of the race, which means that they may be in most cases all involved in walking. Then there are the chronic rumours that NPA councillor Peter Ladner additionally needs Sullivan\'s job. Former NPA mayors Gordon Campbell and Philip Owen under no circumstances found themselves in Sullivan\'s situation a 12 months earlier than they sought reelection, nevertheless it\'s most of the time nonetheless too early to put in writing off the little bugger\'s political career. Sullivan has been underestimated many times earlier thanâunder that boyish veneer beats the heart of a political cobra. First-rate double dipping The premier\'s former deputy minister, Ken Dobell, is a shoo-in. What are you able to say a few man who contracts himself out as a provincial lobbyist (or \"content material guide\", as he put it) for the town of Vancouver on housing issues whilst he has a desk in the premier\'s office as Gordon Campbell\'s unique adviser? Dobell, a former Vancouver metropolis supervisor, managed to duck controversy for a long time, regardless of taking part in a position in a couple of critical public-policy errors. While he was CEO of TransLink, he was the actual father of the Canada Line rapid-transit undertaking, which has compelled neighborhood firms into bankruptcy and which might eventually do the same to TransLink. He has additionally been the preferable\'s point man on the ever-extra-costly expansion of the Vancouver convention and Exhibition Centre. It started out at $495 million but has when you consider that crossed the $800-million threshold (which is an overrun that is $fifty five million greater than the $250-million rapid-ferry overshoot that was once seized upon via the B..