Answer:
A Nash equilibrium results when every firm in an industry chooses a strategy that is optimal given the strategies chosen by its competitors.
Generally speaking, the taxpayer can deduct his alimony payment but not his child support payment. He may, however, be entitled to claim the child as a dependent, although this is beyond the scope of the question.
We can deduct the alimony payment but not the child support payment. Smith paid Goode $20,000 in 2017, although he owes 24,000. The adjusted gross income depends only on how much Alimony he paid.
If he paid the full $6,000 alimony and only 14,000 of child support, he can deduct the $6,000 for an adjusted gross income of 50,000- 6,000= $46,000.
If, for example, he paid the full $18,000 in child support and only 2,000 in alimony, he can only deduct the $2,000 for an adjusted gross income of 50,000 - 2,000 =48,000.
With regards to a firms product line, a cost leadership strategy would strive for Focused section of the market while a differentiation strategy would strive for broad cross section of the market.
<h3>
What is Expansion Strategy?</h3>
An expansion strategy can also de defined as a growth strategy. The major concern of business firms is to achieve faster growth, compete, achieve higher profits, grow a brand, capitalize on economies of scale, have greater impact, or occupy a larger market share.
There are basically two types of expansion strategies, they include
- Cost leadership
- Differentiation Strategy.
Learn more about Expansion Strategy at
#SPH1
Answer: $60
Explanation:
Producer surplus is simply the difference between the price a producer or seller is willing to accept for a particular good or service and how much the seller eventually sells the product at the market price.
In this scenario, the combined producer surplus will be the addition of the producer surplus of Alice, Amber and Andi. This will be:
= (55 - 25) + (55 - 28) + (55 - 52)
= 30 + 27 + 3
= $ 60