Q1. Suppose which Jack also Jill is at the duopoly's Nash equilibrium (80 gallons) when a third person, John, discovers a water source also joins the market as a third producer.

Q2. Hana purchased for $100,000 two-year Treasury notes with a total principal amount of $110,000 also all with coupon rates of 5% paid annually. With one year before the notes mature (also after receiving the coupon payments for the 1st year), Hana sells the notes in the open market when Treasury notes with one year left to maturity are yielding 11.0577%. Hana's rounded one-year rate of return earned from her purchase of the Treasury notes is equal to illustrate what %?