A6 Three firms compete in the style of Bertrand. All firms have the same cost function: TC(q) = 8q. They producedifferentiated products that are substitutes. The demand system is given by the following equations:Demand for Firm 1: q1 = 95 – 20p1 + 10p2 + 5p3.Demand for Firm 2: q2 = 95– 20p2 + 10p1 + 5p3.Demand for Firm 3: q3 = 100 – 20p3 + 5p1 + 5p2.A. Please compute the Nash equilibrium prices.B. Now suppose firm 1 and firm 2 merge and become a single firm. Firm 3 and the merged firm compete in the styleof Bertrand. Now, p1 and p2 are chosen to maximize the total profits of firm 1 and firm 2. Compute the Nashequilibrium prices now.

(a) P = 120 - Q = 120 - q1 - q2 MC1 = MC2 = 60 For Firm 1, Total revenue (TR1) = P x q1 = 120q1 -…

Answered: P1+10p2 + 5p3. p2 + 10p1 + 5p3. Op3 +…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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The following information is provided for the first month of operations for Legal Services Inc.: A. The business was started by selling $103,000 worth of common stock. B. Six months' rent was paid in advance, $4,100. C. Provided services in the amount of $1,500. The customer will pay at a later date. D. An office worker was hired. The worker will be paid $277 per week. E. Received $520 in payment from the customer in "C". F. Purchased $300 worth of supplies on credit. G. Received the electricity bill. We will pay the $120 in thirty days. H. Paid the worker hired in "D" for one week's work. I. Received $130 from a customer for services we will provide next week. J. Dividends in the amount of $1,800 were distributed. Prepare the necessary journal entries to record these transactions. If no entry is required, select "No Entry Required" and leave the amount boxes blank. If an amount box does not require an entry, leave it blank. A. B. 111
un.3
How to solve:S= 1/1.06[1-1/(1.06)^20]/1-1/1.06
0.2KB/s O 68 4G+ 12:18 PM O 00:41:23 Remaining Multiple Choice Which of the following is part of the PAS 38's definition of intangible assets? Future economic benefits Without physical substance Controlled by the entity Identifiable monetary assets 13 of 25
500,00X 500
9. Joba Corporation issued $1,000,000 of 13% (stated rate) bonds payable on January 1, 2020, due on January 1, 2028, with interest payable each January 1. Investors require an effective-interest rate (market rate) of 10%. Calculate the amount of discount or premium that will be recognized when the company issues the bonds (indicate the amount and wither its discount or premium).
7-3 A
E10.15
Kingcade Corporation keeps careful track of the time required to fill orders. Data concerning a particular order appear below: Hours 18.3 Wait time Process time Move time Queue time 1. 1 Inspection time 0.1 2.0 9.1 The manufacturing cycle efficiency (MCE) was closest to: (Round your intermediate calculations to 1 decimal place.)
The answer is 1,130.55
Now, assume that the state of the limit order book is as follows just before the call of CBA's opening call auction: Buy Quantity Price $8.08 $8.01 $7.99 $7.96 $7.91 $7.87 $7.84 $7.82 0 0 0 a. $7.96 O b. $8.01 O c. Other O d. $7.99 e. $7.91 1800 800 1100 1900 800 Sell Quantity 1600 1800 1200 0 0 0 0 If no more orders are entered, the call price would be:
mni.0

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P1+10p2 + 5p3. p2 + 10p1 + 5p3. Op3 + 5p1 + 5p2.