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vivado [14]
3 years ago
7

What is the major source of income for the federal government?

Business
1 answer:
Ber [7]3 years ago
7 0
B) Income taxes is the answer
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Explanation:

The disadvantages of home work can directly impact the employer, the employee and society by reducing the interaction of workers in the organizational environment.

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Some business insurance policies cover "business interruption." If your business makes $300,000 per year and a flood prevents op
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D): $17,308

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8 0
3 years ago
Seaside vistas leases an apartment to tori. during a severe storm, the premises are destroyed by flood. under most state laws, l
PilotLPTM [1.2K]

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<h3>What is a lease?</h3>

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4 0
2 years ago
A purchase made with no planning or research is a(n) __ buying decision.
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<span>A.impulse
Hope this helps.</span>
5 0
4 years ago
Read 2 more answers
Consider a two-firm oligopoly facing a market inverse demand curve of P = 100 – 2(q1 + q2), where q1 is the output of Firm 1 and
pickupchik [31]

Answer:

option (2) q1 = 16; q2 = 12

Explanation:

Given:

P = 100 - 2(q1 + q2)

here,

q1 is the output of Firm 1 and q2 is the output of Firm 2

Firm 1's marginal cost = $12

Firm 2's marginal cost = $20

Now,

Profit maximising level of output is attained where the marginal revenue equals the marginal cost

Thus,

for firm 1,

Total revenue, TR = P×Q

TR = (100 - 2q1 - 2q2) × q1

or

TR = 100q1 - 2(q1)² - 2(q1)(q2)

also,

MR = \frac{\delta TR}{\delta Q}

thus,

MR = 100 - 4q1 - 2q2

MC = $12

now

MR = MC

or

100 - 4q1 - 2q2 = 12

or

88 = 4q1 + 2q2

or

q2 = 44 - 2q1        ............... (1)

also,

for firm 2, we have

TR = (100 - 2q1 - 2q2) × q2

or

TR = 100q2 - 2(q1)(q2) - 2(q2)²

and,

MR = \frac{\delta TR}{\delta Q}

or

MR = 100 - 2q1 - 4q2

and

MC = $20

Now,

MR = MC

or

100 - 2q1 - 4q2 = 20

or

80 - 4q2 = 2q1

or

40 - 2q2 = q1        .....................(2)

Now,

substituting the value of q2 from (1), we get

q1 = 40 - 2(44 - 2q1)

or

q1 = 40 - 88 + 4q1

or

3q1 = 48

or

q1 = 16 units

substituting the value of q1 in equation (1) , we get

q2 = 44 - 2 × 16

or

q2 = 12 units

Therefore,

The correct answer is option (2) q1 = 16; q2 = 12

4 0
3 years ago
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