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4 years ago

7

Darryl would like to work as an accountant full time. A full-time position is not available, however, so he must accept a part-t

ime job working 15 hours per week. The Bureau of Labor Statistics would categorize Darryl as:______________.

1 answer:

ivolga24 [154]4 years ago

5 0

Answer: Employed.

Explanation:

Daryl is employed, because he has a job, where he works 15 hours a week. The job although it is not a full-time job still is a form of employment, where Daryl works and is paid.

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Suppose that the duopolists Carl and Simon face an inverse demand function for pumpkins of P = 400 - Q, where Q = Qs + Qc is the

Usimov [2.4K]

Answer:

the Cournot-Nash equilibrium, Simon's production is 82 units

Explanation:

The Cournot-Nash Equilibrium for Simon's production is calculated as follows:

$P = 400 - Q \\ \\ Q = Q_s + Q_c$

Reaction function of Carl is as follows:

Carl maximize profit at $HR_c = HC_c$

$TR_c = P*Q_c$

$TR_c = (400 -Q_s -Q_c)Q_c$

$TR_c = 400Q_c -Q_sQ_c -Q_c^2$

⇒ $HR_c = \delta TR_c/ \delta Q_c$

$HR_c =400 -Q_s -2 Q_c$

$C_c = 30 Q_c + Q_c^2$

⇒ $HC_c = \delta C_c/ \delta Q_c$

$HC_c =30+2Q_c$

Set $HR_c = HC_c$

$400 - Q_s - 2 Q_c = 30 - 2Q_c \\ \\ 400 - Q_s -30 = 2Q_c + 2Q_c \\\\(370 Q_s) = 4 Q_c \\ \\ Q_c = (370-Q_s)/4 \\ \\ Q_c = 92.5 - 0.25 Q_s \to Reaction \ function \ of \ Carl --- equation (1)$

Reaction function of Simon

Since Simon maximize profit at $HR_s = HC_s$

$TR_s = PQ_s \\ \\ TR_s = (400-Q_c -Q_s)Q_s \\ \\ TR_s = 400 Q_s - Q_cQ_s - Q_s^2$

$HR_s = \delta TR_s/ \delta Q_s$

$HR_s =400 - Q_c -2Q_s$

$C_s = Q_s^2$

$HC_s= \delta C_s/ \delta Q_s$

$HC_s=2Q_s$

Set $HR_s = HC_s$

$400- Q_c - 2Q_s = 2Q_s \\ \\ 400 - Q_c = 2Q_s+2Q_s \\ \\ 4Q_s = 400 - Q_c \\ \\ Q_s = (4000- Q_c)/4 \\ \\ Q_s = 100 -0.25 Q_c --- Reaction \ function \ of \ Simon \ -- equation (2)$

Substituting equation (1) into equation (2)

$Q_s =100 -0.25Q_c \\ \\ Q_s = 100 - 0.25(92.5-0.25 Q_s) \\ \\ Q_s = 100 -23.125 +0.0625Q_s \\ \\ (Q_s-0.0625Q_s) = 76.375 \\ \\ 0.9375 Q_s = 76.875 \\ \\ Q_s = 76.375/0.9375 \\ \\ Q_s = 82$

Thus; the Cournot-Nash equilibrium, Simon's production is 82 units

3 0

3 years ago

Use the following information:

marishachu [46]

Answer:

e. None of the above

300 customers per week

Explanation:

The computation of weekly capacity of the cashier operation is shown below:-

4 Cashiers managed to deliver 40 customers an hour production to the beggars.

So, for 1 cashier the capacity will be 10 customers per hour.

Now, in a week of 5 days and 6 hours per day,

we have a total of 30 hours

The one single cashier the capacity will be

Capacity =Total hours × Customer per hour

30 × 10

= 300 customers per week

Therefore option is not available

6 0

4 years ago

Have no control over the price they charge for their product.

ale4655 [162]

Answer:

○ price makers.

Explanation:

they are the ones who make the price so they have no control over the price

5 0

3 years ago

Transfer prices are _____. A. costs of the segment producing the product or service B. revenues of the segment acquiring the pro

Arlecino [84]

Answer: the correct answer is D. none of these answers is correct.

Explanation: A transfer price exists for accounting purposes when diverse divisions on a multy entity company are in charge of their own revenues.

6 0

4 years ago

Bingerton industries began the year with inventory of$85,000. Purchases of inventory on account during the year totaled $310,000

Charra [1.4K]

The first entry of the journal records the inventory of of $310,000 as debited and accounts payable as credited.

<h3>What is inventory management?</h3>

The process of counting and recording fluctuations in the prices of assets such as raw materials, work-in-progress, and finished goods refers as Inventory management.

Following are the Journal entries-

1. Inventory accounts A/c $310,000

To Accounts Payable A/c$310,000

(Being the inventory is purchased)

2. Accounts Receivable A/c $520,000

To Sales Revenue A/c $520,000

( Being inventory is sold)

3. Cost of Goods Sold A/c $335,000

To Inventory A/c $335,000

(Being inventory is sold )

Learn more about Inventory, here:

brainly.com/question/26533444

#SPJ1

8 0

2 years ago