Answer:
The correct answer is option d.
Explanation:
The duopolist dilemma refers to the situation when two firms in a duopoly market collective choose a higher price to maximize their collective profits but each firm individually lowers their price.
This happens because an individual firm has the incentive to increase its profit and market share by lowering its price. It does not takes the reaction of its rival into consideration and lowers its price. In reaction, the rival firm also lowers its price. So the overall market price is decreased.
Contingency.
A contingency is a condition added to a contract that must be met before the deal can be finalized. In this case if the contingency is agreed to, she will make her offer on the new home contingent on the sale of her current home meaning she will not be forced to buy if the sale of her home doesn't go through.
Mike Tyson earned about $200 million during his career. However, in 2003 he was in financial trouble. This an example of poor management skills. If he had of invested his money wisely. not spent his money on things not needed, and not overindulged in a lavish lifestyle, he would still have this money or more today.
The amount of dividends Lambert Inc. declared and paid is $5.2 million.
<h3>What is dividend?</h3>
A dividend refers to the sum paid to people who invest in a company, at the end of the financial year. In other words, it is a reward paid to the shareholders for their investment in a company's equity.
We know that:
Closing retained earnings
= Opening retained earnings + net income earned - dividend paid
Then,
The ending Retained Earnings balance of Lambert Inc. increased by $2.6 million from the beginning of the year
Also, net income earned during the year is $7.8 million
Hence,
Dividend paid
= -$ 2.6 million + $7.8 million
= $5.2 million
With regards to the above, the amount of dividends Lambert Inc. declared and paid is $5.2 million.
Learn more about dividend here: brainly.com/question/13991661
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