Answer: 357.50
Explanation:
Under Cournot model that has three firms, each firm produces at
q = (1430 – 0)/((3+1)×1)
= 1430/4
= 357.5 units
Total output = 357.5 × 3
= 1072.5 units
Under cartel, the marginal revenue equals to the marginal cost.
MR = MC = 0
1430 – 2Q = 0
Q = 1430/2
Q = 715 units
Difference= 1072.5 units - 715 units
= 357.5 units
Hence the units are 357.50 units lower in cartel compared to Cournot.
I started it, but you'll have to finish it.
The remaining blanks require thought. I'm in my office right now,
theoretically working, and I don't have time to think.
See the attached picture.
Parents can reduce their taxes by
using a child care tax credit. The government gives parents tax credit for each
child that they have. Unlike tax deduction and exemption, tax credit can be able
to reduce more in the parents’ tax bill. Tax deduction just tries to lower the
taxable income and not a reduction in other areas.
Answer:
Unitary product cost= $130
Explanation:
Giving the following information:
Direct materials $50
Direct labor $47
Variable manufacturing overhead $2
Fixed manufacturing overhead $ 31,000
1,000 units were produced.
U<u>nder the absorption costing method, the unit product cost is calculated using the direct material, direct labor, and total manufacturing overhead.</u>
Unitary fixed costs= 31,000/1,000= $31
Unitary product cost= 50 + 47 + (2+31)= $130
Answer:
<u>Public corporations </u>is the correct answer .
Explanation:
The corporation whose stock can be bought and sold on stock exchanges and in over the counter markets are referred to as public corporations.
A Public corporation is one who sell its share to general public . Public corporation issues prospectus to invite the public to issue its share. Public corporations stocks are traded on stock exchanges. A public corporation only allot its share when it receive minimum subscription money.
Public corporation can only start its business after receiving the c<u>ertificate of commencement .</u>
The public corporation can only issue shares in dematerialised form .