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RideAnS [48]
3 years ago
7

The following integrated series of questions relates to several sections in the text. Scenario​ 2: Suppose a stream is discovere

d whose water has remarkable healing powers. You decide to bottle the liquid and sell it. The market demand curve is linear and is given as​ follows: P​ = 30minusQ The marginal cost to produce this new drink is​ $3. Refer to Scenario 2. What will be the price of this new drink in the long run if the industry is a Stackelberg​ duopoly?
A. ​$13.50
B. ​$9
C. ​$12
D. ​$3
E. None of the above
Business
1 answer:
fiasKO [112]3 years ago
3 0

Answer:

E. None of the above

Explanation:

The standard reaction function of firm 2 is given as = a-Cb/2b - 1/2*Qa

P = 30 - (Qa + Qb)

where a = 30 b = 1 and C = 3.

Leader's output = (a + Cb - 2Ca)/2b

Leader's output = (30 + 3 - 3*2)/2

                           = 13.5 units.

Reaction function of firm B,

Qb = 30 - 3/2

     = 13.5 - 1/2*13.5

     = 6.75 units.

P = 30 - (13.5 - 6.75)

  = $9.75

Therefore, The price of this new drink in the long run if the industry is a Stackelberg​ duopoly is $9.75

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Marc and Michelle are married and earned salaries this year of $64,000 and $12,000, respectively. In addition to their salaries,
Firdavs [7]

<u>The total amount of deductions Marc and Michelle are going to get is $24750.  </u>

<u>The taxable income of Marc and Michelle is $47750. </u>

Further Explanation:  

Income Tax: It is the additional charge on an individual’s income which he/she needs to pay to the government. The taxable income is calculated by adding all the incomes and deducting all the deductions which an individual can claim on his/her income.  

Compute the total amount of deductions available for Marc and Michelle:  

Total Deduction Available

= Higher of Standard Deduction for MJF and Itemized Deduction + Personal and Dependency  Exemptions  

= Higher of $12600 and $6000 + $12150 ($4050×3)  

= $12600 + $12150  

=$24750.  

<u>Therefore, the total deductions available to Marc and Michelle are $24750. </u>

<u />

Gross Income of Marc and Michelle

= Salary of Marc + Salary of Michelle + Interest Earned on Corporate Bonds  

= $64000 + $12000 + 500  

= $76500.  

Total Taxable Income of Marc and Michelle

= Gross Income – Qualified Moving Expenses – Alimony Paid – Total Deductions  

= $76500 - $2500 - $1500 - $$24750  

= $47750.  

<u>Therefore, the total taxable income of Marc and Michelle is $47750. </u>

<u />

Learn More:  

1.      Learn more about the tax on the profit from selling the fixed assets  

brainly.com/question/2617534  

2.      Learn more about the personal tax  

brainly.com/question/1762937  

3.      Learn more about the role of money  

brainly.com/question/12984919  

Answer details:  

Grade: Senior School  

Subject: Taxation  

Chapter: Income Tax  

Keywords: Taxable income, Marc and Michelle, Deductions, salary income, earned, corporate bond interest, interest on municipal bond, standard deductions, US tax brackets.

4 0
3 years ago
Read 2 more answers
Laura, a sales manager at Dexter Inc., claims that labor and management are rivals for most organizations. Brooke, the HR manage
Afina-wow [57]

Answer:

Dexter Inc.

The statement that best supports Brooke's perspective is:

Examples of cooperation between labor and management include employee involvement in decision making and self-managing teams.

Explanation:

When labor and management act as rivals or adversaries, it does not benefit their organizations.  They should find common grounds for cooperation.  Organizations should involve their employees in more decision-making.  Despite their incongruent goals, unions and management should find win-win solutions.  Paying employees a living wage does not impoverish the organization.  On the contrary, everybody is greatly enriched.

3 0
3 years ago
The time value of money suggests that $1 in one year from now is worth less than $1 today.True / False.
mash [69]

Answer:

False, we conclude that $1 in one year from now is worth more than that of today.

Explanation:

The time value of money (TVM) is concept that suggests money available at  present time is worth more than identical sum in future due to potential earning capacity.

This core principle in finance holds that the provided money can earn interest ,  and any amount of money is worth more the sooner it is received.

Also future money is not affected by inflation, only present money is.

Hence we conclude that $1 in one year from now is worth more than that of today.

4 0
4 years ago
How can verbal feedback affect customer encounters? Give 3 real lifelexamples. (good or bad) Follow the​
yawa3891 [41]

Explanation:

Example 1: the numeric NPS response

Everyone loves a handy dandy NPS survey. They give you an easy glimpse into how your customers are thinking about your brand or your business, and quantify just how happy they are with your services.

But, not all NPS surveys or responses are created equal.

Let’s say your business sends out an NPS survey to a random sample of customers. Of that sample, 65% are promoters (and gave you a 9-10 rating), 25% are neutral (a 7-8 rating), and 10% are detractors (a 0-6 rating). Of that sample, only a handful of the promoters wrote feedback about why they picked the score they did. The rest simply clicked a number and then went about their day.

Where do you go from here? How can you convert those neutral customers into promoters, and raise the bar for the detractors to bring them closer to your ideal score without written feedback?

NPS is helpful, but only when it gives you a clear picture of what your customer was thinking and provides tangible feedback you can incorporate into your organization.

Example 2: a “yes” or “no” response to an FCR survey

Now, let’s say every time a customer creates a Support ticket, your organization sends an automated First Contact Resolution survey once the ticket is closed.

Most often, a FCR survey is just one question – Were we able to help you resolve your issue? – with a simple “yes” or “no” response.

Receiving a “yes” is, of course, great – it means your agents were able to help your customer get to the bottom of their issue and helped make their day a little better. Receiving a “no,” on the other hand, is the exact opposite; it means your agents weren’t able to successfully meet the needs of your customer, and they’ve been left frustrated by the experience, with their issue still unresolved.

So what happens after a “no”?

Depending on what you use to capture FCR. it could be nothing. “No” responses are simply filed away in a folder, maybe you ping your agents to get more context on the particular issue, and everyone pretends it didn’t happen.

If you want to turn those “no” responses into actionable customer feedback, however, it’s crucial to have tools for your business like Service Recovery.

With Service Recovery, you have the ability to flag any “no” responses and fire off a follow-up survey to your customer, get more clarity from them on how you missed the mark, and dig in deeper to resolve their issue.

Plus, you get the added benefit of being able to re-survey your customers, which means even more insight for your team on the value of being able to circle back on negative FCR responses.

Win, win, and win.

8 0
2 years ago
It is possible to observe a positive nominal interest rate together with a negative real interest rate. a. True b. False
grigory [225]

It's possible to have a positive nominal interest rate with a negative real interest rate. Therefore, it's true.

<h3>What is real interest rate?</h3>

It should be noted that the real interest rate is the interest rate that has been adjusted for inflation.

The nominal interest rate hasn't been adjusted for inflation. It's possible to observe a positive nominal interest rate together with a negative real interest rate.

Learn more about interest rates on:

brainly.com/question/25720319

5 0
3 years ago
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