Answer:
Part (a)
Buying of land would be smart thought if the net present estimation of advantage is at any rate equal to or more prominent than the present estimation of cost of land.
Net present estimation of land =
= $1,825,592.54
The expense of land is anyway $2,000,000. The net present expense of land is more noteworthy than the advantages. Subsequently it isn't a good thought to purchase the land.
Part (b)
The maximum sum that ought to be paid ought to be equivalent to the net present estimation of advantages, for example $1,825,592.54.
Part (c)
If the entertainment benefits increment by 3 years then the net present estimation of advantages for a long time would be:
=
=$3088535.28
The land should be purchased since the present estimation of advantages is more prominent than cost.
Based on the profit functions of Apple and Samsung, their output if they successfully collude will be 65 units.
<h3>What is the total output if there is collusion?</h3>
Because Apple and Samsung are two major producers of smartphones, collusion between them would increase their demand and allow them more control over their pricing.
<h3 />
In order to find out their total output after collusion, solve for their profit functions first.
Apple profit function:
= Price - (5Q - Q²)
= 200Q - Q² - Q(apple)Q(samsung) - 5(apple) - Q(apple)²
= 195Q(apple) - Q(apple)Q(samsung) - 2Qapple²
Samsung profit function:
= Price - (5Q - Q²)
= 195Q(samsung) - Q(apple)Q(samsung) - 2Qsamsung²
When differentiated, the formulas become:
2Qs + 4Qa = 195
4Qa + 8Qs = 390
After differentiating their profit functions, solve simultaneously to find out what their quantities would be to make profit.
This can then be solved simultaneously:
2Qs + 4Qa = 195
4Qa + 8Qs = 390
-6Qs = -195
Qs = 195/6
Qs = 32.5 units
Qa will be:
2Qs + 4Qa = 195
4Qa = 130
Qa = 32.5 units
Add up these units to find the total units between them.
The total units are:
= 32.5 + 32.5
= 65 units
Find out more on collusion at brainly.com/question/4052357.
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Answer:
$932 per unit
Explanation:
The computation of direct materials cost per equivalent unit is shown below:-
Work in process ending 100% complete in material = 840 + 290
= 1,130
Total cost = Direct material + Direct materials costs added during March
= $346,000 + $707,500
= $1,053,500
Material Equivalent unit cost = Total cost ÷ Units to account for
= $1,053,500 ÷ 1,130
= $932 per unit
If General Contracting is sued by Rockville for refusing to complete the job, General Contracting can have the contract discharged on an impracticability basis.
<h3>What would make a contract impractical?</h3>
When parties to a contract agree to a contract that based on normal circumstances and due course, and one party discovers that they cannot complete the contract based on unforeseen circumstances, the contact can be ruled impractical.
General Contracting could not foresee the solid granite foundation and so they could not have known they would pay so much to complete the project. The contract can therefore be impracticable.
Find out more on impracticable contracts at brainly.com/question/10160005.
Answer: Option A -- Choosing low is a weakly dominant strategy for Apple.
Explanation: Dominant strategy in a game theory can be defined as the course of action that occurs when one strategy/player is better than the other strategy/player regardless of what the other player does or how well the other player may play. dominant strategy is all about a player who has the highest favours in a game. Considering the above matrix, we know that Apple has the dominant strategy. And for apple to choose low is a weakly dominant strategy for it.