Answer:
cost of laptop = $1,800
cost of desktop = $2,100
Explanation:
From the question above, we can see that the laptop costs $300 less than the desktop, therefore, we say:
let x represent the cost of the laptop
;
then x+300 will be the cost of the desktop
.
We can also see that the total finance charge of $252 is equal to 7% of the cost of the laptop and 6% of the cost of the desktop, we solve as follows:
252 = 0.07(x) + 0.06(x + 300)
252 = 0.07x + 0.06x + 18
252 - 18 = 0.13x
234 = 0.13x
x = 234/0.13
x = 1,800
Recall that:
cost of desktop = x + 300
therefore:
1,800 + 300 = 2,100.
cost of laptop = $1,800
cost of desktop = $2,100
Answer:
if n=1 (monopoly) we have 
if n goes to infinity (approaching competitive level), we get the competition quantity that would be 
Explanation:
In the case of a homogeneous-good Cournot model we have that firm i will solve the following profit maximizing problem
from the FPC we have that
since all firms are homogeneous this means that 
then 
the industry output is then
if n=1 (monopoly) we have
if n goes to infinity (approaching competitive level), we get the competition quantity that would be
Answer:
False.
Explanation:
Accounting systems that use standards for product costs are standard cost systems.
In Financial accounting, various business firms or companies use the standard cost systems to determine the variances or differences between the actual (real) cost of goods produced and the estimated cost for the goods that were produced by the company.
Hence, standard cost systems are used by business firms or companies as a strategic tool or technique for the management and control of costs, budget planning, and analyzing cost management performance at a specific period of time.
Answer:
Got this from the same website you used
Explanation:
Advances in technology like the creation of cheap, lightweight laptops have allowed workers to work from almost anywhere. TRUE.
