a) Backward induction outcome when both firms compete as Cournot firms is (q1*,q2*) = (19.33, 5.33), if Firm 1 invests in R&D. Otherwise, it is (q1*,q2*) = (25.33, 4.33). b) backward induction is (p1*,p2*) = (47.67, 23.33), if Firm 1 invests in R&D. Otherwise, it is (p1*,p2*) = (37.67, 24.33).
To solve for the backward induction outcome when both firms compete as Cournot firms, we first need to determine the best response function for each firm. Firm 2's best response function is given by q2 = (90 - 2q1 - c)/(2), where c is the cost of production.
Since Firm 2's cost function is given by cz(92) = 6042, its best response function becomes q2 = (34 - 0.5q1). Firm 1's best response function is given by q1 = (56 - 0.5q2 - c)/(2). If Firm 1 does not invest in R&D, its cost function is given by C(q) = 6041, and its best response function becomes q1 = (46 - 0.5q2). If Firm 1 invests in $200 worth of R&D, its cost function becomes C(0) = 4501, and its best response function becomes q1 = (37 - 0.5q2).
Now we can solve for the equilibrium quantity of each firm using the best response functions. If Firm 1 does not invest in R&D, the equilibrium quantity of each firm is (q1*,q2*) = (25.33, 4.33). If Firm 1 invests in $200 worth of R&D, the equilibrium quantity of each firm is (q1*,q2*) = (19.33, 5.33). Therefore, the backward induction outcome when both firms compete as Cournot firms is (q1*,q2*) = (19.33, 5.33), if Firm 1 invests in R&D. Otherwise, it is (q1*,q2*) = (25.33, 4.33).
b) To solve for the backward induction outcome when both firms compete as Bertrand firms, we need to determine the best response function for each firm in terms of price. Firm 2's best response function is given by p2 = (c + 89 - q1)/2. Since Firm 2's cost function is given by cz(92) = 6042, its best response function becomes p2 = (33 - 0.5q1).
Firm 1's best response function is given by p1 = (c + 89 - q2)/2. If Firm 1 does not invest in R&D, its cost function is given by C(q) = 6041, and its best response function becomes p1 = (43 - 0.5q2). If Firm 1 invests in $200 worth of R&D, its cost function becomes C(0) = 4501, and its best response function becomes p1 = (53 - 0.5q2).
Now we can solve for the equilibrium price of each firm using the best response functions. If Firm 1 does not invest in R&D, the equilibrium price of each firm is (p1*,p2*) = (37.67, 24.33). If Firm 1 invests in $200 worth of R&D, the equilibrium price of each firm is (p1*,p2*) = (47.67, 23.33).
Therefore, the backward induction outcome when both firms compete as Bertrand firms is (p1*,p2*) = (47.67, 23.33), if Firm 1 invests in R&D. Otherwise, it is (p1*,p2*) = (37.67, 24.33).
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Who carries the animal from the farm to the market or packer?
A. Producer
B. Proccessor
C. Transporter
D. Consumer
Answer:
was it a passage u had to read?
Explanation:
Answer:
Transporter
Explanation:
You are transferring the animal to the market from the farm.
why does a business need accounting information? multiple choice question. accounting inspires management to work harder in order to climb the corporate ladder. accounting accumulates passwords for security purposes. accounting identifies personnel who do not have strong customer service skills. accounting records business transactions and communicates financial information.
Accounting can spot employees who lack great customer service abilities. b.Accounting gathers passwords for security reasons.
What does security mean?
Security refers to both physical safety and the precautions taken to protect oneself. Town officials frequently hire additional guards to ensure the march is adequately secure.
A security guard defends an eleven-year-old girl who is being pursued by a gang after taking part in a trial as a witness. Antonio Banderas plays an ex-special operations soldier who, out of luck and in need of employment, accepts a position as a security guard at a dilapidated mall in a sketchy part of town.
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Some suggest that many New York taxi drivers set an income goal for the week and finish work once they have achieved that goal. If this is true, on busy days when the effective hourly wage is higher, taxi drivers will: work more hours than they will on slower days. work fewer hours than they will on slower days. work the same number of hours as they will on slower days. O not work any hours.
If this is true, on busy days when the effective hourly wage is higher, taxi drivers will work more hours than they will on slower days.
This is because they are able to make more money in a shorter period of time and will likely work until they reach their income goal for the week. On slower days with a lower effective hourly wage, they may not be able to reach their income goal as quickly, meaning they would need to work more hours in order to achieve it.
On slower days, taxi drivers may be inclined to work fewer hours in order to maximize their profits because they would not be able to quick money.
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QUESTION 3 of 10: A business plan is useful to:
a) Think through all aspects of the business
b) Secure financing
c) Set specific objectives
d) All of the above
Submit
Answer:
its D All the above
Explanation:
A business plan is useful to think through all aspects of the business, secure financing, and set specific objectives. Thus, the correct answer is option d, all of the above.
What is a business plan?A business plan is a formal written document that contains the goals of a company, the methods for achieving those goals, and the time frame for achieving those goals. A business plan is a written roadmap for the company's marketing, financial, and operational goals.
A business plan explains the concept behind your company and details how your product or service will be manufactured or sold. A business plan establishes specific goals and describes how your company intends to achieve them. A business plan also secures funding sources.
Therefore, for all the given options, a business plan is useful.
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Which situation would most likely take place in a command economy?
A.
A worker is assigned to work in a government-owned refinery.
B.
Farmers grow just enough corn to eat throughout the year.
C.
Two car companies compete to make the cheapest electric car.
D.
A worker quits his job to start his own business.
Answer:
1.) C. two car companies compete to make the cheapest electric car
the majority of trans fats in foods are created by food manufacturers through the process of _________.
The majority of trans fats in foods are created by food manufacturers through the process of partial hydrogenation of vegetable oils.
This process involves adding hydrogen to liquid vegetable oils, which causes them to become more solid and stable at room temperature. This makes them more suitable for use in many processed foods, such as baked goods, fried foods, and snacks. However, the process also results in the formation of trans fats, which have been linked to an increased risk of heart disease and other health problems. In recent years, many food manufacturers have worked to reduce or eliminate trans fats from their products, often by switching to alternative oils or by reformulating their recipes.
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Someone help me in my homework please?
Answer:
im sorryi wish i was good at math
Explanation:
im failing math btw
Whos winning the super bowl ?
Answer:
NFC East: Football Team, Cowboys, Giants, E...
NFC South: Buccaneers, Saints, Panthers, Fal...
NFC North: Packers, Bears, Lions, Vikings
NFC West: Seahawks, Cardinals, Rams, 49ers
Explanation:
Answer:49ers
Explanation:
SKATEBOARDERS. WHAT ARE SOME DISADVANTAGES AND ADVANTAGES OF YOUR SKATEBOARD?
What would you change if you could. Just wondering
Answer:
uh how i fall off sometimes disadvandage and it going right for me advandage
Explanation:
Because susans standard deduction is greater than the amount she made, it turns out that Susan never owed taxes. How large of a refund should she expect from the Federal
government if she follows through on filing her 1040 form
Note that if Susan's standard deduction is greater than the amount she made, it means her taxable income is zero. If she had any taxes withheld from her paychecks throughout the year, she would be eligible for a full refund of those taxes.
What is the rationale for the above response?Assuming Susan is a single taxpayer under the age of 65 and not claimed as a dependent on anyone else's tax return, her standard deduction for tax year 2022 (filing in 2023) would be $12,950.
If Susan's total income for the year is less than or equal to $12,950, she would owe no federal income tax and would be eligible for a full refund of any federal income tax withheld from her paychecks or estimated tax payments she made throughout the year.
The exact amount of her refund would depend on how much federal income tax was withheld from her paychecks or paid in estimated tax payments throughout the year. Susan can determine the amount of her refund by completing her tax return using Form 1040 and any other applicable forms and schedules.
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Dennis is doing the bookkeeping for his business. He is determining his assets, liabilities,
and owner's equity so he can see the financial state of his business on any given day.
What financial statement would MOST likely help him with this process?
The financial statement that would most likely help Dennis with determining his assets, liabilities, and owner's equity is the balance sheet. The balance sheet is a snapshot of a business's financial position at a specific point in time. It lists the assets of the business, such as cash, accounts receivable, inventory, and property, plant, and equipment.
By examining the balance sheet, Dennis can see the financial state of his business on any given day. He can see how much cash he has available to operate his business, how much inventory he has on hand, and how much he owes to creditors. He can also see how much of the business's assets are financed by debt and how much by owner's equity. It also lists the liabilities of the business, such as accounts payable, loans payable, and accrued expenses.
Finally, it lists the owner's equity, which is the difference between the assets and liabilities. The balance sheet is an important tool for business owners, as it provides a clear picture of the financial health of the business. It allows Dennis to make informed decisions about how to manage his business and plan for its future. By regularly reviewing his balance sheet, Dennis can identify trends and take action to improve the financial performance of his business.
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1. What are some things that the study of economics is not?
Callahan, inc. , sells a forward on ounces of gold to remove uncertainty regarding the revenue it will recognize when it sells its gold inventory. The forward represents a perfect cash flow hedge. When callahan settles the forward, it pays $100,000 to the counterparty. Required: what journal entry(ies) should callahan make prior to and at the settlement date?
Prior to the settlement date, Callahan Inc. should record the fair value of the forward contract as a journal entry, and at the settlement date, they should record the settlement by debiting the Gold Receivable and crediting Cash.
At the settlement date, Callahan Inc. should make the following journal entry to record the settlement of the forward contract:
Dr. Gold Receivable (or Forward Contract Asset) $100,000
Cr. Cash $100,000
The net effect of these journal entries is to record the fair value of the forward contract prior to settlement and then to recognize the cash settlement when it occurs.
By doing so, Callahan Inc. is able to remove uncertainty regarding the revenue it will recognize when it sells its gold inventory, as the gain or loss on the forward contract will offset any changes in the fair value of the gold inventory.
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Question Help A company is convinced of the benefits of exercise for its workers. Healthy employees take fewer sick days and tend to be more focused on their job. In addition, exercise enhances the workers' positive moods. The company is so persuaded of the value of exercise that it has adopted a new policy: Moving forward, all workers will be allowed to exercise during the work day for up to three hours per week. The reasoning behind the company's exercise policy assumes that ________.
Answer:
fhehgtjgkfgjgddfedsswdefrrtryjyrtjhdrsaswybnuyterfert
Explanation:
egy44
which three things are considered when making decisions regarding merchandise allocation? multiple select question. the type of merchandise to allocate the amount of merchandise to allocate to each store the timing of merchandise allocation number of sales associates per store the number of stores a retailer has
three things are considered when making decisions regarding merchandise allocation are:
the timing of merchandise allocation the type of merchandise to allocate the amount of merchandise to allocate to each storeThe act of deciding how to allocate inventory to specific retail units in order to maximize sales and reduce markdowns is known as merchandising allocation. This can be a straightforward process or a highly sophisticated mathematical exercise, depending on the size and sophistication of the retail operation.
Additionally, there are tactical and strategic considerations for allocating merchandise. Maximum merchandise allocation will be given to stores during their "grand opening" period in order to attract new consumers and assess the potential sales of the new storage unit for accurate future allocation.
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Tom is responsible for ordering hardware for a custom home his company is building. The contractor installing the hardware is scheduled to start in 5 working days, but the hardware is on backorder and will not arrive for another 9 working days. Fortunately, Tom has 10 days of slack; however, he shares this slack with the hardware installer. He will have to let the contactor know that the hardware will be ready 4 days later than expected and that the slack for the installer has been reduced by 4 days. Tom and the installer share 10 days of
A. Free Slack.
B. Shared Slack.
C. Total Slack.
D. Critical Slack.
E. Functional Slack.
Answer:
A
Explanation:
Free slack can be described as the total amount of time a project can be delayed without affecting the project's completion time . Tom and the contractor share a slack time of 10 days
Total slack measures the total amount of time a project can be delayed before the project's completion.
Functional slack measures the amount of time that each activity in a project can be delayed without affecting the project's completion time.
In 2 or 3 sentences, explain how these concepts relate to the essential question: "When is more of a good thing too
much?".
A good or useful product or action can be detrimental or excessive in excess amounts. For instance, Although the exterior Santa, sled, reindeer, and gnomes are nice, the indoor lights are far too much of a good thing.
How much of an excess is a good thing?If something is too much of a good thing, it stops being beneficial or enjoyable and instead becomes overwhelming or detrimental. The subject at hand would be beneficial or enjoyable in tiny doses, but destructive or burdensome in big ones. One mango, for instance, is both tasty and healthy. But there is such a thing as too much good. Even healthy things have the possibility of causing harm.
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True or false? when creating a budget to repay your student loans, you can save money by paying only the interest.
According to the budget office, Biden's plan to cancel student loans will cost $400 billion. The Congressional Budget Office stated in a report that the cost of the White House's student loan forgiveness plan is an estimate over a 30-year period and will increase the nation's deficit.
Explain about the budget to repay student loans?
Paying more than the required minimum each month is the most effective approach to pay off student debt. The more you put toward your debts, the more you'll save on interest and the faster the sum will be paid off. Use a student loan payoff calculator to determine how quickly you might pay off your debt and how much you would save on interest.
To save money, you can pay your student loans with interest alone. Making these payments prior to graduating, or while deferring repayment, can prevent the addition of thousands of dollars in interest to the balance of your loan.
Since you'll be paying less interest, paying off your private or federal loans early can help you save thousands of dollars over the course of your loan. If you do have high-interest debt, refinancing it will make your money work harder for you.
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The record date for a company's cash dividend is thursday, october 7. what is the latest date a customer may purchase the stock for regular-way settlement in order to receive this dividend?
A customer may purchase the stock for regular-way settlement in order to receive this dividend on Wednesday, October 6.
A cash dividend is when a company pays investors out of its profits in the form of cash (checks or wire transfers). This transfers economic value from the company to its shareholders instead of the company using money to operate.
Cash dividends primarily affect the cash and equity accounts. There is no separate balance sheet account after the dividend is paid. However, after the declaration of dividends and before the actual payment, the company records its liability to shareholders in the dividend payment account.
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Which of the following is not an element of marketing?
A. product
B. policy
C. promotion
D. price
••••••••••••••••••••••••••••••••••••••••••••••••
\(\small{\boxed{\color{red}\sf\underline{Answer:}}}\)
The answer is B. policy
••••••••••••••••••••••••••••••••••••••••••••••••
The annual report for Jackson Farms disclosed that 1 billion shares of common stock have been authorized. At the beginning of 2017, 810 million shares had been issued and the number of shares in treasury stock was 111 million. During 2017, the only common share transactions were that 19 million common shares were reissued from treasury and 30 million common shares were purchased and held as treasury stock.
Required: Determine the number of common shares (a) issued, (b) in treasury, and (c) outstanding at the end of 2017.
Answer:
a: 810 (million)
b: 111-19(issued)+30(purchased)= 122 (million)
c: 810 (issued)-122 (treasury)=688 million
Which of the following is true of small business owners?
A. the work business owners do requires little physical stamina.
B. the business owner starts with a business plan.
C. the business owner need to know little about management and finance. D. it's easy for most business owners to find a marketable idea.
Answer:
B
Explanation:
I mean, hopefully, they made a business plan lol. If you don't plan out your business right, you'll have a hard time making it become successful without a good plan.
O’donnell & company employs the practice of team building and thinking outside the box. They are likely to have ________blank compared to a company with low engagement.
O'Donnell & company employs the practice of team building and thinking outside the box. They are likely to have lower turnover blank compared to a company with low engagement.
Which business strategy that has an impact on HRM is the company's overall initiative to continuously enhance how people, machines, and systems carry out work?the standard of quality must be met; Total quality management (TQM), a company-wide initiative to continuously improve the ways people, equipment, and systems complete work, is used by businesses to manage quality.
Does the capacity to put HRM's ideas and practices into practice help the company succeed?The nine skills that HR practitioners must possess are as follows: Technical knowledge and experience in human resources: It is the capacity to use human resource management principles in order to contribute to a business's success.
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Todd, a travel agent, lost his job due to no need for his skill. This is an
example of what type of unemployment?
A. Cyclical unemployment
O
B. Voluntary unemployment
C. Structural unemployment
D. Frictional unemployment
Why is having a professional profile recommended over a simple objective statement?
Answer:
The resume profile is usually slightly longer than the objective and should quickly communicate to hiring managers why you are a good fit for the position. Some employers prefer a profile over an objective because they'll typically learn more about the candidate's background.
Explanation:
that way the person interviewing you knows what ur good at and what ur abt if uve been to jail or prison or was a bad kid in ur childhood
Write about discussion whether young people should be allowed
to have credit card, use main facts supportive sentences and add
Introduction and conclusion.
i wish u happy day
Allowing young people to have credit cards can foster financial education, provide a safety net in emergencies, and build a positive credit history. Proper guidance and monitoring are essential for responsible usage.
Introduction:
The question of whether young people should be allowed to have credit cards has sparked a debate. Proponents argue that it can foster financial responsibility and independence, while critics express concerns about potential risks. In this discussion, we will examine the main facts supporting the allowance of credit cards for young individuals.
Supportive Arguments:
1. Financial Education: Allowing young people to have credit cards can serve as a valuable tool for financial education. It provides an opportunity for them to learn about money management, budgeting, and the consequences of overspending. By actively managing their credit card usage, young individuals can develop essential skills that will benefit them throughout their lives.
2. Emergency Situations: Credit cards can act as a safety net in emergencies. Young people may encounter unforeseen circumstances that require immediate access to funds, such as medical expenses or urgent car repairs. Having a credit card enables them to handle such situations independently, without relying on others for financial assistance.
3. Building Credit History: Establishing a credit history early on can be advantageous for young individuals. Responsible credit card usage allows them to build a positive credit history, which can help when applying for loans, renting an apartment, or securing future financial opportunities. By demonstrating responsible financial behavior at a young age, they set themselves up for better financial prospects in the long run.
Conclusion:
While concerns exist regarding young people having credit cards, the supportive arguments highlight the potential benefits. Credit cards can be valuable tools for financial education, provide a safety net in emergencies, and assist in building a positive credit history. However, it is crucial to emphasize the importance of proper guidance and monitoring to mitigate potential risks and ensure responsible credit card usage. With the right approach, allowing young individuals to have credit cards can contribute positively to their financial development.
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Earlier in the semester, we learned about the "shock therapy" that Russia adopted to transition from the socialist economy to a market-based economy. Clearly, the Chinese leadership chose a different approach. Describe several economic reforms that began in the 1980s under Deng Xaioping and have been progressing ever since. In what ways were these reforms intended to address the defects of a centrally planned, socialist economy?
In contrast to Russia's "shock therapy" approach: Deng Xiaoping's economic reforms in China were focused on gradually transitioning the economy from a centrally planned, socialist system to a more market-based one, addressing its defects and fostering economic growth
Deng Xiaoping initiated several economic reforms to transition China's economy from a centrally planned, socialist system to a more market-based one. Some key reforms included:
1. Decollectivization of agriculture: This reform dismantled the collective farming system, allowing individual farmers to work on their own plots and make decisions about what to grow. This led to increased agricultural productivity and incentivized farmers to produce more.
2. Special Economic Zones (SEZs): Deng Xiaoping established SEZs in coastal cities, which had more relaxed economic policies to attract foreign investment. These zones allowed foreign companies to set up operations and brought in new technology and management techniques, stimulating economic growth.
3. Opening to foreign investment: China began to actively seek foreign investment, encouraging multinational corporations to invest in China. This helped the country to acquire advanced technology, modernize its industries, and generate employment opportunities.
4. Market-oriented reforms: The government gradually reduced its control over prices, allowing market forces to determine the value of goods and services. This encouraged competition and promoted efficiency in the economy.
These reforms were intended to address the defects of a centrally planned, socialist economy by:
- Increasing productivity and efficiency through market-based incentives and competition.
- Attracting foreign investment and technology to modernize China's industries.
- Reducing the government's control over the economy, allowing for greater flexibility and adaptability.
In summary, Deng Xiaoping's economic reforms in China were focused on gradually transitioning the economy from a centrally planned, socialist system to a more market-based one, addressing its defects and fostering economic growth.
This approach was significantly different from Russia's "shock therapy," which aimed for a rapid transition with immediate liberalization and privatization.
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What price would you pay today for a stock if you require a rate of return of 13%, the dividend growth rate is 3.6%, and the firm recently paid an annual dividend of $2.50? A. $27.55 B. $30.28 C. $26.60 D. $31.37
The price you would pay today for the stock is $30.28 (option B).
To calculate the stock price, we can use the dividend discount model (DDM) which considers the required rate of return and dividend growth rate. By using this model, investors can compare the estimated intrinsic value of a stock with its current market price to assess whether it is undervalued or overvalued. It is important to note that the Gordon Growth Model assumes a constant dividend growth rate indefinitely, making it more suitable for mature, stable companies with consistent dividend policies. The formula for the Gordon Growth Model is:
Stock Price = Dividend / (Rate of Return - Dividend Growth Rate)
Substituting the given values:
Stock Price = $2.50 / (0.13 - 0.036) = $30.28
Therefore, the price you would pay today for the stock is $30.28, option B.
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Mario has gross biweekly earnings of $784. 21. By claiming 1 more withholding allowance, mario would have $13 more in his take home pay. How many withholding allowances does mario currently claim?a. 3b. 4c. 5d. 6.
Withholding allowances does Mario currently claim is b.4.
What is gross earning?An individual's gross earning - also known as gross income when there is a salary - is an individual's total income before taxes or other deductions. It includes income from all sources, not just employment, and is not limited to cash income it also includes property or services received.
For businesses, gross income can be exchanged for gross margin or capital gains. A company's gross income, found on the income statement, is income from all sources less the company's cost of goods sold (COGS).
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determine the number of $7$-digit positive integers that have the property that their digits are in non-decreasing order, from left to right.
There are 84 different 7-digit positive integers with digits in non-decreasing order from left to right.
Let's dive deeper into the details below.
To determine the number of 7-digit positive integers with non-decreasing digits from left to right, we can use a technique called stars and bars.
Consider each digit as a 'star' and six 'bars' that separate the digits. For example, the number 1123456 can be represented as * | * | ** | * | * | * | * (1 | 1 | 23 | 4 | 5 | 6). We want to distribute these stars (digits) in 10 containers (0 to 9) without changing their order.
There are 9 bars (10 - 1) that separate these 10 containers. We need to select 6 bars (7 - 1) from these 9 bars to create our 7-digit number. We can use the combination formula for this, which is:
C(n, r) = n! / [r! * (n - r)!]
In our case, n = 9 and r = 6, so:
C(9, 6) = 9! / (6! * (9 - 6)!) = 84
So, there are 84 different 7-digit positive integers with digits in non-decreasing order from left to right.
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