Consider two firms facing the demand curve P = 50 - Q where Q = q1 + q2. The firms' cost functions are C1 (q1) = 150 + 10ql and C2 (92) = 80 + 12q2. Let the fixed cost be the %3D %3D entry cost. Suppose both firms have entered the industry and compete in quantity setting. How much will each firm produce and what are the profits for each firm

Q: When citing using quotations, you must always remember to use "quotes", mention the author's last…

A: Reference words and quotations are often used to refer to the same thing even though the reference…

Q: i need this in words not handwritten please rewrite it

A: Consumption when equivalent to that of investment then it will be applicable.

Q: Based on the below figure, what is the relative price of melon for Alex?

A: Production Possibility Frontier refers to the graphical representation of the production capacity of…

Q: EXCERCISES Y C АРС APS MPC MPS 100 100 150 200 200 300 250 Complete the table above

A: We know that ,  As per Keynes ,        Y = C + S                                              where,…

Q: evolution of   savings accounts, loans and online banking post COVID-19

A: Customers have grown even more reliant on web and mobile apps as a result of the mandatory…

Q: Steven owns a woodworking business and specializes in making handcrafted cribs. He typically would…

A: This can be described as a concept that shows the contribution of an individual, organisation or any…

Q: ities/97507c54-29b3-4b89-bbid-c07ca40b872e/curiosity-feed?section=ef2825d6-34c2-4bae-8d5b-fec67cf632…

A: Tax:Tax is a compulsory payment which is imposed by the government of the country and for the…

Q: The South Korean Government in the 1970s decided to follow a strategy of increased investment in…

A: Scarcity refers to the limited availability of resources, that are used to produce goods and…

Q: . discuss how agricultural insurance could help farmers improve farm activity.

A: The economics as a study is based upon the idea that the countries tend to have a limit to the…

Q: An individual owns a life insurance policy with an investment in the contract of $75,000 and a cash…

A: The protection from financial loss resulting from certain circumstances is referred to as insurance.…

Q: Typed please and asap plrase provide a quality solution for better ratings with introduction and…

A: Government Responsibilities Towards Economic MigrantsEconomic migration, the movement of people to…

Q: sumer Equilibainun 40. Price Loome g the con suner is oMR a th. the consuner is oMR 40. Price CDs is…

A: Consumer Equilibrium It refers to the number of goods and services that end users can purchase with…

Q: Why people struggled to pay rent and basic utilities during pandemic of COVID-19 even though they…

A: The lockdown during covid-19 has affected the performance of markets around the world. This is due…

Q: What is estate tax. Don't use any ai pls.

A: An estate tax, additionally known as an inheritance tax, is a tax on the property transfer from a…

Q: 20 18 16 Price 14 12 10 ID: 8. 4 2 20 40 60 80 100 120 140 Quantity

A: Slope of demand curve = dP/dQ  Considering points (20, 20); (65, 2): Slope = (2 – 20)/ (65 – 20)…

Q: firm marimize How its Arofit ?

A: The main motive of every firm is to maximize its profits. Profit is the driving force of any…

Q: The unauthorized use of an owner's or creator's music, movies, or other copyrighted material.

A: Copyright refers to the legal right of the owner of intellectual property.   In simpler terms,…

Q: Consumption/Savings 1400 1200 1000 800 600 400 200 0 -200 200 400 600 800 1000 1200 1400 1600 Income…

A: Let's break down the income and consumption/savings data to understand the financial…

Q: Equity investments are loan it the issuers of the equities. True or false

A: Financial markets refer to the place where the trading of securities occurs, including the stock…

Q: How to calculate Statutory Rate for company

A: The Statutory Rate for a company is imposed by law on income that is taxable and falls within a…

Q: ICD-10 was implemented in October 2015. Summarize how the industry handled it.

A: The first international classification list called as international list of causes of death was…

Q: A B 3 4 5 6 7 D E F G H Bret's Accounting & Tax Services is a small well-known accounting firm in…

A: Price Elasticity and Demand:Estimate how many returns will be completed if the firm charges $65 per…

Q: Niko's monthly car insurance premium is $165, and will increase by 10% next year. How much will he…

A: The sum of money that a person or corporation must spend for an insurance coverage is known as an…

Q: Why is the permit needed for all the agencies?

A: The permits are a different form of license issued by the government to every business in the…

Q: Describe what panel data is and the reasons for using it

A: ▪︎Panel data often known as Longitudinal data panel data, is a type of data that includes…

Q: Which of these is the tenant's responsibility? Taking reasonable care of the property, giving notice…

A: a person who gives money to the owner of a room, flat, house, or piece of property in order to…

Q: WHAT HAPPEN TO THE PHILLIPINE AIRLINE DURING COVID 19 COMMUNITY HOME QUARANTINE? WHAT HAPPEN TO THE…

A: Coronavirus has affected almost every country globally. Governments of many countries have taken…

Q: (a) What is an Efficiency Wage? (b) Why is it Profitable for the Firm to pay an Efficiency Wage when…

A: Wage refers to the payment or monetary compensation that an employer provides to its employee for…

Q: A period between date of acquisition and date of disposal by a specific owner. a. Ownership life O…

A: Aquisition date means when the asset is purchased new . And the period between acquisition and…

Q: A member must at all times b member's trust obligations fr Money in the member's trust account. The…

A: The inquiry focuses on the subject of financial responsibility and trust obligations in a particular…

Q: what is the d than?

A: Price ceiling:It is a situation when the government controls the prices of goods and services to…

Q: How were the small business before Covid 19?

A: Corona virus disease 2019 (COVID-19) is a communicable disease caused by a newly discovered corona…

Q: None

A: Willingness to Pay (WTP) is an economic concept that refers to the maximum amount an individual or…

Q: Question 1.3 only

A: Given that the time period is short-run and we know that in the short-run not all factors of…

Q: do fast don't use chatgpt answer,

A: An indifference curve is a graphical representation of the different combinations of two goods that…

Q: what is the Audit Process in the public sector.

A: The audit process in the public sector involves a series of steps and procedures performed by…

Q: Households B D Firms In which market do households act as the seller? Product Factor of Production…

A: In the economy, households fulfill the roles of both suppliers and consumers. When households sell,…

Q: How any coffee shop could be CSR?

A: Corporate social responsibility (CSR) refers to a kind of worldwide private corporate…

Q: An insured is injured while robbing a bank. If the insured's Accident and Health policy contains an…

A: We know that, The person who obtains insurance on his own possessions. It is the insured's…

Q: What is the the procedure in responding to any emergency situation onboard the ship?

A: An emergency situation on the ship must be handled with confidence and calmness, for haste decisions…

Q: Government-imposed taxes cause reductions in the activity that is being taxed, which has important…

A: There are many sub-parts of the question. As per honor code, we can only provide solution of first…

Q: The graph shows the market for mugs in which the government has imposed a tax of $4 per mug. Draw a…

A: Producer surplus is the aggregate sum that a producer benefits from producing and selling a quantity…

Q: How would present a loss and or an expense or damage claim?

A: Development contracts will by and large accommodate the contractor to guarantee direct loss and…

Q: How do sales taxes typically apply in a business environment?

A: Sales tax is a consumption tax imposed by the government on the sale of goods and services. It is…

Q: absolute deeds of sale vs conditional sale

A: Consider the scenario of a sale of a property. Here, the ownership of the property is transferred to…