Questions
1) Demand in a market dominated by two firms (a Cournot duopoly) is determined according to:...

1)

Demand in a market dominated by two firms (a Cournot duopoly) is determined according to: P = 300 – 4(Q1 + Q2), where P is the market price, Q1 is the quantity demanded by Firm 1, and Q2 is the quantity demanded by Firm 2. The marginal cost and average cost for each firm is constant; AC=MC = $65.

The cournot-duopoly equilibrium quantity produced by each firm is _____.

Hint: Write your answer to two decimal places.

2)

Demand in a market dominated by two firms (a Cournot duopoly) is determined according to: P = 300 – 4(Q1 + Q2), where P is the market price, Q1 is the quantity demanded by Firm 1, and Q2 is the quantity demanded by Firm 2. The marginal cost and average cost for each firm is constant; AC=MC = $71.

The cournot-duopoly equilibrium profit for each firm is _____.

In: Economics

****PLEASE ANSWER ASAP**** PLEASE SHOW WORK You want to maximize your utility and find your consumer...

****PLEASE ANSWER ASAP**** PLEASE SHOW WORK

You want to maximize your utility and find your consumer optimum.

Here is a table of your current situation:

Taco Bell drink: $1.00

Taco Bell burrito supreme: $5.00

Income: $11.00

Drink    Total Utility                               Burrito supreme                        Total Utility

0            0                                                       0                                                0

1             100                                                 1                                                           600

2             220                                               2                                                          1100

3             280                                                 3                                                         1500

4             330                                                 4                                                         1600

5            350                                                  5                                                         1650


Calculate the Marginal Utility then the MU/P to find Consumer Optimum.

How many drink(s) and burrito supreme(s) should you purchase to reach consumer optimum?

I got 1 drink 2 burritos but I'm not positive its correct Please explain if I am correct also

In: Economics

Hyper Company had a beginning inventory on January 1 of 160 units of Product 4-18-19 at...

Hyper Company had a beginning inventory on January 1 of 160 units of Product 4-18-19 at a cost of $20 per unit. During the year, the following purchases were made. Mar. 15 400 units at $23 Sept. 4 330 units at $26 July 20 250 units at $24 Dec. 2 100 units at $29 1,000 units were sold. Hyper Company uses a periodic inventory system.

Instructions

(a) Determine the cost of goods available for sale.

(b) Determine (1) the ending inventory, and (2) the cost of goods sold under each of the assumed cost flow methods (FIFO, LIFO, and average-cost).

(c) Which cost flow method results in (1) the highest inventory amount for the balance sheet, and (2) the highest cost of goods sold for the income statement?

In: Accounting

A company serves two markets in North America and has to decide on optimal order quantity...

A company serves two markets in North America and has to decide on optimal order quantity and safety stock. The demand in the first market is equal to 1, 2, 3, or 4 with equal probability, whereas the demand in the second market is equal to 3, 4, or 5 with equal probability. The company has a target level of product availability of CSL=90% on both markets.

a) (1.5 points) What is the optimal order quantity for market 1? What is the optimal safety
stock for market 1?
b) (1.5 points) What is the optimal order quantity for market 2? What is the optimal safety
stock for market 2?
c) (0.5 points) What are optimal order quantity and safety stock for the decentralized
distribution system?
d) (2.5 points) What are optimal order quantity and safety stock for the centralized distribution system?


In: Operations Management

Find the matrix A' for T relative to the basis B'. T: R3 → R3, T(x,...

Find the matrix A' for T relative to the basis B'.

T: R3 → R3, T(x, y, z) = (y − z, x − z, x − y), B' = {(5, 0, −1), (−3, 2, −1), (4, −6, 5)}

In: Advanced Math

Consider a block attached to a spring in SHM with ?o=+?/4 and T=8 with A =10m....

Consider a block attached to a spring in SHM with ?o=+?/4 and T=8 with A =10m.

a) What is x(0), x(1), x(2 seconds)...? What is the equation for x(t)?

c) what is the velocity at t=0? 1 sec?...

In: Physics

Case 1 Instruction (Accounting Application) Use the MS Excel tabular graphical methods of descriptive statistics to...

Case 1 Instruction (Accounting Application) Use the MS Excel tabular graphical methods of descriptive statistics to summarize the sample data in the data set named PelicanStores in Case 1 folder. The managerial report should contain summaries such as:

1. A frequency and relative frequency distributions for the methods of payment (different cards). (20%)

2. Mean, median, first quartile, third quartile, and sample standard deviation for net sales from regular customers. (20%)

3. Mean, median, first quartile, third quartile, and sample standard deviation for net sales from married female. (20%)

4. Apply the location method to calculate the 60th percentile manually of net sales for each method (card) of payment. Please indicate which card has the highest 60th percentile and show the process. (20%)

5. Apply Chebyshev’s Theorem to calculate the range (i.e. $ to $) of at least 75% of the net sales must fall within for the Proprietary Card payment. (20%) (Hint: What is the z-score for at least 75% of data range?)

Customer Type of Customer Items Net Sales Method of Payment Gender Marital Status Age
1 Regular 1 39.50 Discover Male Married 32
2 Promotional 1 102.40 Proprietary Card Female Married 36
3 Regular 1 22.50 Proprietary Card Female Married 32
4 Promotional 5 153.50 Proprietary Card Female Single 28
5 Regular 2 54.00 MasterCard Female Married 34
6 Regular 1 44.50 MasterCard Female Married 44
7 Promotional 2 78.00 Proprietary Card Female Married 30
8 Regular 1 22.50 Visa Female Married 40
9 Promotional 2 56.52 Proprietary Card Female Married 46
10 Regular 1 44.50 Proprietary Card Female Married 36
11 Regular 1 107.40 MasterCard Female Single 48
12 Promotional 1 31.60 Proprietary Card Female Married 40
13 Promotional 9 160.40 Visa Female Married 40
14 Promotional 2 64.50 Visa Female Married 46
15 Regular 1 49.50 Visa Male Single 24
16 Promotional 2 71.40 Proprietary Card Male Single 36
17 Promotional 3 94.00 Proprietary Card Female Single 22
18 Regular 3 54.50 Discover Female Married 40
19 Promotional 2 38.50 MasterCard Female Married 32
20 Promotional 6 44.80 Proprietary Card Female Married 56
21 Promotional 1 31.60 Proprietary Card Female Single 28
22 Promotional 4 70.82 Proprietary Card Female Married 38
23 Promotional 7 266.00 American Express Female Married 50
24 Regular 2 74.00 Proprietary Card Female Married 42
25 Promotional 2 39.50 Visa Male Married 48
26 Promotional 1 30.02 Proprietary Card Female Married 60
27 Regular 1 44.50 Proprietary Card Female Married 54
28 Promotional 5 192.80 Proprietary Card Female Single 42
29 Regular 3 71.20 Visa Male Married 48
30 Promotional 1 18.00 Proprietary Card Female Married 70
31 Promotional 2 63.20 MasterCard Female Married 28
32 Regular 1 75.00 Proprietary Card Female Married 52
33 Promotional 3 77.69 Visa Female Single 26
34 Regular 1 40.00 Proprietary Card Female Married 34
35 Promotional 5 105.50 MasterCard Female Married 56
36 Regular 1 29.50 MasterCard Male Single 36
37 Regular 2 102.50 Visa Female Single 42
38 Promotional 6 117.50 Proprietary Card Female Married 50
39 Promotional 5 13.23 Proprietary Card Male Married 44
40 Regular 2 52.50 Proprietary Card Female Married 58
41 Promotional 13 198.80 Proprietary Card Female Married 42
42 Promotional 4 19.50 Visa Female Married 46
43 Regular 2 123.50 Proprietary Card Female Married 48
44 Promotional 1 62.40 Proprietary Card Male Married 54
45 Promotional 2 23.80 Discover Male Married 38
46 Promotional 2 39.60 Proprietary Card Female Married 60
47 Regular 1 25.00 MasterCard Female Married 46
48 Promotional 3 63.64 Proprietary Card Female Married 30
49 Promotional 1 14.82 Proprietary Card Female Married 32
50 Promotional 9 145.20 MasterCard Female Married 46
51 Promotional 6 176.62 Proprietary Card Female Married 38
52 Promotional 5 118.80 Proprietary Card Male Married 68
53 Regular 1 58.00 Discover Female Single 78
54 Regular 2 74.00 Visa Female Single 20
55 Regular 2 49.50 MasterCard Female Married 32
56 Promotional 3 141.60 Proprietary Card Female Married 38
57 Promotional 6 123.10 Proprietary Card Female Married 54
58 Promotional 2 80.40 Discover Female Married 48
59 Promotional 4 65.20 MasterCard Female Married 46
60 Regular 4 113.00 American Express Male Single 50
61 Promotional 1 108.80 Proprietary Card Female Married 46
62 Promotional 3 59.91 Discover Female Single 30
63 Promotional 5 53.60 Proprietary Card Male Married 54
64 Promotional 1 31.60 Proprietary Card Female Single 42
65 Promotional 2 49.50 Visa Male Married 48
66 Promotional 1 39.60 Proprietary Card Female Married 62
67 Promotional 2 98.60 Visa Female Single 34
68 Promotional 5 146.80 Proprietary Card Female Married 28
69 Promotional 2 47.20 Visa Male Married 46
70 Promotional 8 95.05 Proprietary Card Female Married 54
71 Promotional 5 155.32 Proprietary Card Female Married 30
72 Promotional 4 58.00 MasterCard Female Married 32
73 Regular 1 69.00 Proprietary Card Female Single 22
74 Promotional 2 46.50 American Express Female Married 32
75 Promotional 2 45.22 Proprietary Card Female Married 74
76 Promotional 4 84.74 American Express Female Married 62
77 Regular 2 39.00 Proprietary Card Female Married 42
78 Promotional 4 111.14 Proprietary Card Female Married 28
79 Promotional 3 86.80 Proprietary Card Female Married 38
80 Regular 2 89.00 Discover Female Married 54
81 Promotional 2 78.00 MasterCard Female Married 68
82 Promotional 6 53.20 Proprietary Card Female Single 30
83 Promotional 4 58.50 Visa Female Married 36
84 Promotional 3 46.00 Proprietary Card Female Married 44
85 Regular 2 37.50 Visa Female Married 44
86 Promotional 1 20.80 Proprietary Card Female Married 62
87 Regular 6 144.00 MasterCard Female Single 48
88 Regular 4 107.00 Proprietary Card Female Married 36
89 Promotional 1 31.60 Proprietary Card Female Single 20
90 Promotional 6 57.60 Proprietary Card Female Married 42
91 Promotional 4 105.73 American Express Male Married 54
92 Regular 1 44.85 American Express Male Married 65
93 Regular 5 159.75 Proprietary Card Female Married 72
94 Promotional 17 229.50 Proprietary Card Female Married 30
95 Regular 3 66.00 American Express Female Married 46
96 Regular 1 39.50 MasterCard Female Married 44
97 Promotional 9 253.00 Proprietary Card Female Married 30
98 Regular 10 287.59 American Express Male Single 44
99 Promotional 2 47.60 Proprietary Card Female Married 30
100 Promotional 1 75.42 Proprietary Card Male Single 28

In: Math

Case 1 Instruction (Accounting Application) Use the MS Excel tabular graphical methods of descriptive statistics to...

Case 1 Instruction (Accounting Application) Use the MS Excel tabular graphical methods of descriptive statistics to summarize the sample data in the data set named PelicanStores in Case 1 folder. The managerial report should contain summaries such as:

1. A frequency and relative frequency distributions for the methods of payment (different cards). (20%)

2. Mean, median, first quartile, third quartile, and sample standard deviation for net sales from regular customers. (20%)

3. Mean, median, first quartile, third quartile, and sample standard deviation for net sales from married female. (20%)

4. Apply the location method to calculate the 60th percentile manually of net sales for each method (card) of payment. Please indicate which card has the highest 60th percentile and show the process. (20%)

5. Apply Chebyshev’s Theorem to calculate the range (i.e. $ to $) of at least 75% of the net sales must fall within for the Proprietary Card payment. (20%) (Hint: What is the z-score for at least 75% of data range?)

Customer Type of Customer Items Net Sales Method of Payment Gender Marital Status Age
1 Regular 1 39.50 Discover Male Married 32
2 Promotional 1 102.40 Proprietary Card Female Married 36
3 Regular 1 22.50 Proprietary Card Female Married 32
4 Promotional 5 153.50 Proprietary Card Female Single 28
5 Regular 2 54.00 MasterCard Female Married 34
6 Regular 1 44.50 MasterCard Female Married 44
7 Promotional 2 78.00 Proprietary Card Female Married 30
8 Regular 1 22.50 Visa Female Married 40
9 Promotional 2 56.52 Proprietary Card Female Married 46
10 Regular 1 44.50 Proprietary Card Female Married 36
11 Regular 1 107.40 MasterCard Female Single 48
12 Promotional 1 31.60 Proprietary Card Female Married 40
13 Promotional 9 160.40 Visa Female Married 40
14 Promotional 2 64.50 Visa Female Married 46
15 Regular 1 49.50 Visa Male Single 24
16 Promotional 2 71.40 Proprietary Card Male Single 36
17 Promotional 3 94.00 Proprietary Card Female Single 22
18 Regular 3 54.50 Discover Female Married 40
19 Promotional 2 38.50 MasterCard Female Married 32
20 Promotional 6 44.80 Proprietary Card Female Married 56
21 Promotional 1 31.60 Proprietary Card Female Single 28
22 Promotional 4 70.82 Proprietary Card Female Married 38
23 Promotional 7 266.00 American Express Female Married 50
24 Regular 2 74.00 Proprietary Card Female Married 42
25 Promotional 2 39.50 Visa Male Married 48
26 Promotional 1 30.02 Proprietary Card Female Married 60
27 Regular 1 44.50 Proprietary Card Female Married 54
28 Promotional 5 192.80 Proprietary Card Female Single 42
29 Regular 3 71.20 Visa Male Married 48
30 Promotional 1 18.00 Proprietary Card Female Married 70
31 Promotional 2 63.20 MasterCard Female Married 28
32 Regular 1 75.00 Proprietary Card Female Married 52
33 Promotional 3 77.69 Visa Female Single 26
34 Regular 1 40.00 Proprietary Card Female Married 34
35 Promotional 5 105.50 MasterCard Female Married 56
36 Regular 1 29.50 MasterCard Male Single 36
37 Regular 2 102.50 Visa Female Single 42
38 Promotional 6 117.50 Proprietary Card Female Married 50
39 Promotional 5 13.23 Proprietary Card Male Married 44
40 Regular 2 52.50 Proprietary Card Female Married 58
41 Promotional 13 198.80 Proprietary Card Female Married 42
42 Promotional 4 19.50 Visa Female Married 46
43 Regular 2 123.50 Proprietary Card Female Married 48
44 Promotional 1 62.40 Proprietary Card Male Married 54
45 Promotional 2 23.80 Discover Male Married 38
46 Promotional 2 39.60 Proprietary Card Female Married 60
47 Regular 1 25.00 MasterCard Female Married 46
48 Promotional 3 63.64 Proprietary Card Female Married 30
49 Promotional 1 14.82 Proprietary Card Female Married 32
50 Promotional 9 145.20 MasterCard Female Married 46
51 Promotional 6 176.62 Proprietary Card Female Married 38
52 Promotional 5 118.80 Proprietary Card Male Married 68
53 Regular 1 58.00 Discover Female Single 78
54 Regular 2 74.00 Visa Female Single 20
55 Regular 2 49.50 MasterCard Female Married 32
56 Promotional 3 141.60 Proprietary Card Female Married 38
57 Promotional 6 123.10 Proprietary Card Female Married 54
58 Promotional 2 80.40 Discover Female Married 48
59 Promotional 4 65.20 MasterCard Female Married 46
60 Regular 4 113.00 American Express Male Single 50
61 Promotional 1 108.80 Proprietary Card Female Married 46
62 Promotional 3 59.91 Discover Female Single 30
63 Promotional 5 53.60 Proprietary Card Male Married 54
64 Promotional 1 31.60 Proprietary Card Female Single 42
65 Promotional 2 49.50 Visa Male Married 48
66 Promotional 1 39.60 Proprietary Card Female Married 62
67 Promotional 2 98.60 Visa Female Single 34
68 Promotional 5 146.80 Proprietary Card Female Married 28
69 Promotional 2 47.20 Visa Male Married 46
70 Promotional 8 95.05 Proprietary Card Female Married 54
71 Promotional 5 155.32 Proprietary Card Female Married 30
72 Promotional 4 58.00 MasterCard Female Married 32
73 Regular 1 69.00 Proprietary Card Female Single 22
74 Promotional 2 46.50 American Express Female Married 32
75 Promotional 2 45.22 Proprietary Card Female Married 74
76 Promotional 4 84.74 American Express Female Married 62
77 Regular 2 39.00 Proprietary Card Female Married 42
78 Promotional 4 111.14 Proprietary Card Female Married 28
79 Promotional 3 86.80 Proprietary Card Female Married 38
80 Regular 2 89.00 Discover Female Married 54
81 Promotional 2 78.00 MasterCard Female Married 68
82 Promotional 6 53.20 Proprietary Card Female Single 30
83 Promotional 4 58.50 Visa Female Married 36
84 Promotional 3 46.00 Proprietary Card Female Married 44
85 Regular 2 37.50 Visa Female Married 44
86 Promotional 1 20.80 Proprietary Card Female Married 62
87 Regular 6 144.00 MasterCard Female Single 48
88 Regular 4 107.00 Proprietary Card Female Married 36
89 Promotional 1 31.60 Proprietary Card Female Single 20
90 Promotional 6 57.60 Proprietary Card Female Married 42
91 Promotional 4 105.73 American Express Male Married 54
92 Regular 1 44.85 American Express Male Married 65
93 Regular 5 159.75 Proprietary Card Female Married 72
94 Promotional 17 229.50 Proprietary Card Female Married 30
95 Regular 3 66.00 American Express Female Married 46
96 Regular 1 39.50 MasterCard Female Married 44
97 Promotional 9 253.00 Proprietary Card Female Married 30
98 Regular 10 287.59 American Express Male Single 44
99 Promotional 2 47.60 Proprietary Card Female Married 30
100 Promotional 1 75.42 Proprietary Card Male Single 28

In: Math

BFI had $100 of office supplies at January 1, 2016 and purchased $2,000 of office supplies...

BFI had $100 of office supplies at January 1, 2016 and purchased $2,000 of office supplies during 2016. BFI has $750 of office supplies on the shelf at December 31, 2016. How much office supplies expense should BFI recognize in the Income Statement for the year ended December 31, 2016? 1. $1,350 2. $750 3. $2,100 4. $0 5. None of the above 2.5 points QUESTION 26 On June 1, 2016, BFI paid $4,000 for a 24-month insurance policy effective July 1, 2016. What is the effect of the necessary adjusting journal entry? 1. Prepaid Insurance will decrease by $2,000. 2. Prepaid Insurance will decrease by $1,000. 3. Prepaid Insurance will increase by $2,000. 4. Prepaid Insurance will increase by $1,000. 5. Cash will decrease by $1,000.

In: Accounting

. Let K(t) denote the quantity of capital a country has at the beginning of period...

. Let K(t) denote the quantity of capital a country has at the beginning of period t. Also, assume that capital depreciates at a constant rate d, so that dK(t) of the capital stock wears out during period t. If investment during period t is denoted I(t), and the country does not trade with the rest of the world, then we can say that the quantity of capital at the beginning of period t+1 is given by K (t + 1) = (1 − d) K (t) + I (t)

Suppose at the beginning of year 0 that this country has 80 units of capital. Investment expenditures are 10 units each in the years 0, 1, 2, 3, 4 and 5. The capital stock depreciates at 10% per year. Calculate the quantity of capital at the beginning of years 0, 1, 2, 3, 4 and 5

In: Economics