Answer:
![Q=nq=\frac{n}{n+1}\frac{a-c}{b}](https://tex.z-dn.net/?f=Q%3Dnq%3D%5Cfrac%7Bn%7D%7Bn%2B1%7D%5Cfrac%7Ba-c%7D%7Bb%7D)
if n=1 (monopoly) we have ![Q^M=\frac{1}{2}\frac{a-c}{b}](https://tex.z-dn.net/?f=Q%5EM%3D%5Cfrac%7B1%7D%7B2%7D%5Cfrac%7Ba-c%7D%7Bb%7D)
if n goes to infinity (approaching competitive level), we get the competition quantity that would be ![Q^c=\frac{a-c}{b}](https://tex.z-dn.net/?f=Q%5Ec%3D%5Cfrac%7Ba-c%7D%7Bb%7D)
Explanation:
In the case of a homogeneous-good Cournot model we have that firm i will solve the following profit maximizing problem
![Max_{q_i} \,\, \Pi_i=(a-b(\sum_{i=1}^n q_i)-m)q_i](https://tex.z-dn.net/?f=Max_%7Bq_i%7D%20%5C%2C%5C%2C%20%5CPi_i%3D%28a-b%28%5Csum_%7Bi%3D1%7D%5En%20q_i%29-m%29q_i)
from the FPC we have that
![a-b\sum_{i=1}^n q_i -m -b q_i=0](https://tex.z-dn.net/?f=a-b%5Csum_%7Bi%3D1%7D%5En%20q_i%20-m%20-b%20q_i%3D0)
![q_i=\frac{a-b \sum_{i=2}^n q_i-m}{2b}](https://tex.z-dn.net/?f=q_i%3D%5Cfrac%7Ba-b%20%5Csum_%7Bi%3D2%7D%5En%20q_i-m%7D%7B2b%7D)
since all firms are homogeneous this means that ![q_i=q \forall i](https://tex.z-dn.net/?f=q_i%3Dq%20%5Cforall%20i)
then ![q=\frac{a-b (n-1) q-m}{2b}=\frac{a-m}{(n+1)b}](https://tex.z-dn.net/?f=q%3D%5Cfrac%7Ba-b%20%28n-1%29%20q-m%7D%7B2b%7D%3D%5Cfrac%7Ba-m%7D%7B%28n%2B1%29b%7D)
the industry output is then
![Q=nq=\frac{n}{n+1}\frac{a-c}{b}](https://tex.z-dn.net/?f=Q%3Dnq%3D%5Cfrac%7Bn%7D%7Bn%2B1%7D%5Cfrac%7Ba-c%7D%7Bb%7D)
if n=1 (monopoly) we have ![Q^M=\frac{1}{2}\frac{a-c}{b}](https://tex.z-dn.net/?f=Q%5EM%3D%5Cfrac%7B1%7D%7B2%7D%5Cfrac%7Ba-c%7D%7Bb%7D)
if n goes to infinity (approaching competitive level), we get the competition quantity that would be ![Q^c=\frac{a-c}{b}](https://tex.z-dn.net/?f=Q%5Ec%3D%5Cfrac%7Ba-c%7D%7Bb%7D)
Answer:
345,000
Explanation:
accounting rate of return:
![\frac{net \:profit}{average \: investment}](https://tex.z-dn.net/?f=%5Cfrac%7Bnet%20%5C%3Aprofit%7D%7Baverage%20%5C%3A%20investment%7D)
The average investment will be the average between the ending and beginning book value of the investment:
In this case, the acquisition of the software and his salvage value at the end of the useful life.
( 630,000 + 60,000 ) / 2 = 345,000
Answer:
the last part of the question is missing, so I looked for it:
a. Randy received $2,200 of interest this year and no other investment income or expenses. His AGI is $75,000.
b. Randy had no investment income this year, and his AGI is $75,000.
a) Randy can deduct $31,575:
- the mortgage interest is deductible
- the car loan interest is not deductible
- he can deduct $4,725 - $2,200 = $2,525 as investment interest expense
b) Randy can deduct $29,050
- the mortgage interest is deductible
- the car loan interest is not deductible
- since he had no investment revenue, he cannot deduct any investment interest expense
Answer:
1. Stock markets reflect all available information about the value of stocks AND
2. Changes in stock prices are impossible to predict.
Explanation:
The characteristics that are consistent with the efficient markets hypothesis are that
1. Stock markets reflect all available information about the value of stocks
<em>By definition efficient markets are those whose asset prices reflect all available information.</em>
2. Changes in stock prices are impossible to predict.
<em>The efficient market hypothesis has been described as a backbreaker for forecasters. In its crudest form it effectively says that the returns from speculative assets, are </em><em><u>unforecastable</u></em><em>.</em>
Answer:
Option "B" is the correct answer to the following question:
Explanation:
In business or business cycle period Cartels and comparable collusive agreements are simpler to design and implement and maintain during business time or periods of business-cycle stability and high employment, assuming all other factors are equal.