Suppose the following:
I. Two countries each with demand for homogeneous goods given by
P()=40−
II. In country A there is one firm with marginal cost of production of .
III. In country B there is one firm with marginal cost of production of .
IV. Competition in relevant markets is Cournot
a) Find for each country expressions for the equilibrium price and equilibrium quantity and firm profits under the assumption that no occurred between the two countries occurred.
b) Now assume a state of free trade occurs between the two countries. Derive expressions for each firm’s quantity supplied and country A’s imports.
c) Assuming that =10 and =8. Which Country stands to benefit by imposing k2 per unit tariff on imports? By how much would total surplus increase? Who gains and who Loses and by how much?

Answers

Answer 1

In the given scenario of Cournot competition between two countries, we can determine the equilibrium price and quantity, as well as firm profits. Without trade, each country's equilibrium quantity is determined by dividing the total demand equally between the two firms. With free trade, the equilibrium price is equalized across countries, and both firms produce based on the total market demand.

a) Without trade, the equilibrium quantity for each country is a third of the total demand. The reaction functions of the firms are derived by considering the reaction of one firm to the output of the other. By solving the system of equations formed by these reaction functions, we find that the equilibrium quantity for both firms is equal to a divided by 3. The equilibrium price is obtained by substituting this quantity into the respective country's demand function.

b) With free trade, the price becomes the same in both countries. Both firms now consider the total market demand when determining their quantity of output. The reaction functions remain the same as in the previous case, but the equilibrium quantity is now determined by solving the system of equations using the common price. The equilibrium quantity for both firms is still a divided by 3, and this quantity is produced and traded under free trade conditions.

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Related Questions

As the HR manager of an organization, how can you be fair in providing bonus payments to employees?
A.
fix bonus payments based on competitor salary standards
B.
provide the same percentage of bonus to all employees
C.
link bonus payments to employee performance and targets
D.
provide a bonus to employees based on their seniority

Answers

Answer:

link bonus payments to employee performance C

How does the Better Business Bureau effect the economy?

Answers

Answer:

Varies

Explanation:

It helps people find businesses that are trustworthy.

A study showed that 47 percent of entrepreneurs were under age 35 when they started their businesses. The same study showed 16 percent were
under the age of 25. If there were 1,855 total entrepreneurs, how many were under the age of 35 when they started their businesses?

Answers

Answer:

872 entrepreneurs

Explanation:

Total number of entrepreneurs was 1855. 47 % were under 35 years. 25% were under 25. the age bracket of under 35 includes people under 25 years.

Entrepreneurs under the age of 35 were 47 percent of 1855

=47/100 x 1855

=0.47 x 1855

=871.85

=872 entrepreneurs

The percentage of the US labor force that is unemployed is known as the __________.

A.
consumer price index
B.
gross domestic product
C.
national unemployment rate
D.
annual percentage change




Please select the best answer from the choices provided

A
B
C
D

Answers

Answer:

Explanation:

C

Answer:

C. national unemployment rate

Explanation:

i did the quiz, hope this helps<3!!

4. How do dependent tasks differ from primary tasks? ​

Answers

Answer:

The answer is below

Explanation:

Dependent task is a term used to describe a type of task that is associated with the main or independent task under a particular scope of work. It is usually a sub-task of the whole task that needs to be executed.

On the other hand, a Primary task is a term used to describe a type of task that takes the center stage or the major task with priority. It takes the largest or most resources in its execution.

Assume the economy is operating at P1Y2.
Which of the following would cause a shift to bring the economy to P3Yf?

Real wages fall.
Productivity increases.
Personal income taxes increase.
Transfer payments decrease.
A major hurricane hits the southeastern United States.

Assume the economy is operating at P1Y2.Which of the following would cause a shift to bring the economy

Answers

The decrease in aggregate demand would also reduce productivity and lead to a decrease in output and employment.

What is employment?

Employment is an agreement between two parties, usually based on a contract, where work is exchanged for compensation, such as wages, salary, or commission. Employment is typically for a fixed period of time, and the employer usually has the right to dismiss an employee for a legitimate reason. Employment typically involves an exchange of services, knowledge, skills and experience for remuneration. Employment can be either full-time, part-time, or casual, depending on the type of job and the agreement between the employer and the employee.
A major hurricane hitting the southeastern United States would cause a shift to bring the economy to P3Yf as it would reduce aggregate demand in the affected areas, resulting in a decrease in consumption and investment spending. This would lead to a contraction in output and employment, resulting in a decrease in real wages, a decrease in transfer payments, and an increase in personal income taxes.

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the skone corporation reported a lifo reserve of $25,000 at the end of the year. the beginning lifo reserve was $20,000. the cost of goods sold was $197,500 under lifo. the cost of goods sold under fifo should be:

Answers

The cost of goods sold was $197,500 under LIFO therefore, $192,500 is the cost of the goods sold under FIFO.

The following chart illustrates how the cost of products sold under FIFO is calculated:

= cost of items sold under the LIFO system (end of year LIFO reserve-beginning LIFO reserve)

$197,500 ($25,000 - $20,000)

$197,500-$5,000

= $192,500

Consequently, the price of items sold under FIFO

is $192,500

For bookkeeping purposes, the difference between the first in, first out (FIFO) and last in, first out (LIFO) costs of inventory is measured as the LIFO reserve. When a corporation employs the FIFO technique to maintain its inventory but reports under the LIFO method in the creation of its financial statements, the LIFO reserve is an account used to close the gap between FIFO and LIFO.

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Management accountants usually provide for a minimum cash balance in their cash budgets for which of the following reasons:
Group of answer choices
a. stockholders demand a minimum cash balance
b. it is an important way of effectively managing cash
c. it provides a safety buffer for variations in estimates
d. to have funds available for major capital expenditures

Answers

Management accountants usually provide for a minimum cash balance in their cash budgets to effectively manage cash and provide a safety buffer for variations in estimates.

Option b) and c) are the correct choices as they capture the reasons why management accountants typically include a minimum cash balance in their cash budgets. The cash budget is an important tool used by management accountants to plan and control cash flows within an organization.

1. Effective Cash Management: Including a minimum cash balance in the cash budget helps management accountants effectively manage cash. It ensures that there are sufficient funds available to cover daily operational expenses, meet financial obligations, and handle unforeseen events or emergencies. By maintaining a minimum cash balance, companies can avoid cash shortages and potential disruptions to their operations.

2. Safety Buffer for Variations: Variations in estimates and unexpected events can impact cash flows. By providing for a minimum cash balance, management accountants create a safety buffer to absorb these variations. It allows for flexibility in managing fluctuations in cash inflows and outflows, providing a cushion for unexpected expenses or delays in cash receipts. This buffer helps to maintain financial stability and ensures that the organization can meet its obligations even during periods of uncertainty.

Options a) and d) are incorrect. Stockholders demanding a minimum cash balance (option a) is not typically a reason for including it in the cash budget. Additionally, having funds available for major capital expenditures (option d) is a separate consideration and would typically be addressed through capital budgeting and financing decisions, rather than the cash budget specifically.

In summary, management accountants include a minimum cash balance in their cash budgets to effectively manage cash and provide a safety buffer for variations in estimates, allowing for financial stability and flexibility in meeting obligations.

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what is jared credit card?

Answers

Jared is a jewelry retailer that offers a credit card to its customers, which is called the Jared The Galleria Of Jewelry Credit Card.

There is no specific credit card called the "Jared Credit Card." However, Jared is a jewelry retailer that offers a credit card to its customers, which is called the Jared The Galleria Of Jewelry Credit Card. This credit card is issued by Comenity Bank and can be used to make purchases at Jared stores and online. Cardholders can also enjoy benefits such as special financing options, exclusive promotions and discounts, and free jewelry inspections and cleanings. The card has a variable APR and late fees may apply for missed payments. As with any credit card, it's important to read the terms and conditions carefully and to use it responsibly to avoid accumulating debt.

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If the internal rate of return exceeds the discount rate, then the net present value of a project is:
A) positive
B) negative
C) zero
D) one

Answers

If the internal rate of return exceeds the discount rate, then the net present value of a project is: A) positive.

What is IRR?

In Project management, IRR is an abbreviation for internal rate of return and it can be defined as a metric that is typically used in financial analysis in order to estimate the profitability of all potential projects or investments for a business organization or investor.

This ultimately implies that, internal rate of return (IRR) has the ability to discount the cash in-flows and out-flows of a project to a sum that would be equal to zero (0).

In this context, we can reasonably infer and logically deduce that the net present value (NPV) of a project would be positive when the internal rate of return (IRR) exceeds the discount rate i.e the internal rate of return (IRR) is greater than the discount rate of the project.

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All of the following are benefits of global business except
expanded business opportunities.
decreased competition.
improved political relationships.
increased sources of raw materials.

Answers

Answer:

decreased competition

Explanation:

Decreased competition is not a benefit of global business. In fact, smaller competition is a characteristic of economies that are not very integrated to the global economy, because it is easier for a few companies (oligopoly), or a single company (monopoly) to dominate an economic sector in a smaller economies that has barriers to entry to possible foreign competition.

Parent corporation owns all of subsidiary corporations stock in addition parent corporation owns $100,000 of subsidiary corporation's bonds. When subsidiary corporation is completely liquidated

Answers

Answer:

In this case, when the subsidiary corporation is completely liquidated they have to pay the $100,000 in the subsidiary corporation's bonds.

Explanation:

The reason behind this answer is that in case the subsidiary corporations decide to liquidate all of their assets in any case. They still have a debt to the parent corporation of $100,000. So, after they liquidate they have to take some of the money to pay the debt issued of those bonds. No matter what, or the parent company can write a lawsuit against them for not doing so.

How do you round to the nearest whole percent?


( here’s the question I need to round for )


What percentage of total expenses is spent on housing?
( round to the nearest whole percent)


A 20%

B 21%

C 22%

D 24%


~Please help ASAP~

How do you round to the nearest whole percent? ( heres the question I need to round for )What percentage

Answers

Answer:

Dont worry about me, I just added this answer so the other person can get their brainliest  because they definetly deserve it

Analyse how a Production Possibility Curve ( PPC ) illustrates scarcity, opportunity cost & efficiency.​

Answers

The production possibilities curve (PPC) exists as a graph that demonstrates all of the various combinations of output that can be produced given existing resources and technology.

What is Production Possibility Curve ( PPC )?

The production possibilities curve (PPC) exists as a graph that demonstrates all of the various combinations of output that can be produced given existing resources and technology. Sometimes named the production possibilities frontier (PPF), the PPC illustrates scarcity and tradeoffs.

PPF stands for the production possibility frontier and it exists illustrated by supporting the production of one good at the x-axis and another good at the y-axis. It thereby demonstrates all the possible varieties that can be produced with limited resources.

Scarcity: The resources that require to be utilized because they serve as input are limited or scarce and these same scarce resources exist used by an economy to produce the goods. Therefore, the Production possibility curve exists drawn and it illustrates the scarcity of resources known to an economy.

Choice: An economy has a preference to produce among different combinations of goods that lie on the production possibility curve. Therefore, the curve displays the choice as well.

Opportunity cost: Suppose the economy exists producing a bundle of goods 1 and 2 and the bundle stands (x,y). Now, if it desires to increase the consumption of good 1 by 1 unit, it has to decrease the consumption of good 2. Therefore the opportunity cost of producing a unit of good 1 exists in the sacrifice that has been created for good 2.

Productive efficiency: An economy utilizes all its scarce resources to produce two goods but whether it is utilizing those resources efficiently exists the point of concern. If it uses them efficiently, it creates the production possibility curve otherwise at a point that lies somewhere inside the PP curve.

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Analyse how a Production Possibility Curve ( PPC ) illustrates scarcity, opportunity cost &amp; efficiency.

Recording, classifying, and summarizing economic events in a logical manner for the purpose of providing financial information for decision making is commonly called Group of answer choices auditing. economics. finance. accounting.

Answers

Recording, classifying, and summarizing economic events in a logical manner for the purpose of providing financial information for decision making is commonly called accounting.

Accounting is a fundamental process in business and financial management. It involves systematically recording financial transactions, classifying them into appropriate categories, and summarizing the information to create financial statements such as the income statement, balance sheet, and cash flow statement. These financial statements provide a snapshot of a company's financial performance, position, and cash flows, enabling decision-makers to analyze and make informed decisions about the organization's operations, investments, and financial strategies.

While auditing, economics, and finance are related disciplines, each has its own distinct focus. Auditing involves examining and evaluating financial records and statements to ensure accuracy, compliance, and reliability. Economics studies the production, distribution, and consumption of goods and services within an economy. Finance, on the other hand, focuses on managing financial resources, investments, and the financial aspects of decision making. However, accounting serves as the foundation for providing the necessary financial information in these areas.

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Quaker Oats has been around for over 100 years. The company’s marketers have continued to extend its market reach by adding new flavors and combining them with new products like Oatmeal Cookies, Oat Bars, and Quaker Oat & Yogurt Sandwich Biscuits. Quakers’ marketers have done a good job at:

Answers

Quaker Oats has been around for over 100 years Quakers’ marketers have done a good job at Not - controlling the oat product life cycle.

What is The importance of extending market reach?

An excellent strategy for raising brand awareness in your target audience is to extend your reach. Because it enables you to make wise marketing decisions and efficiently employ your resources.

In the given case, it is explained that Since more than 100 years ago, there have been Quaker Oats. By introducing new flavors and pairing them with fresh items, the company's marketers have continued to expand their market reach.

In the given case it is described that Quaker Oats continuously worked on introducing new products for the customer and did not focus on controlling the product life cycle.

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The full cost of attendance to an institute of higher education, including tuition, room and board, books and other costs is known as _____.


A. Sticker price
B. A full ride
C. The reduced price
D: The net cost

Answers

Answer:

A. Sticker Price

Explanation:

The full cost of attendance to an institute of higher education, including tuition, room and board, books and other costs is known as Sticker Price.

Which condition is a result of open competition in a free market system?
A. Poor customer service
B. Government regulation
C. Higher prices
D. Higher quality goods

Answers

A result of open competition in a free market system is higher quality goods (option D).

What is the result of open competition?

Competition is when there are many producers operating in a particular industry. Competition is high in purely competitive markets and low in a monopoly. This is because in a pure competition, there are many producers while there is only one producer in a monopoly.

Due to the high level of competition in an industry, prices would be more likely to be low. This is because producers would want to attract more consumers by fairly pricing their goods. Also, producers would want to offer good customer service in order to retain consumers as there are many competing producers in the market. High quality goods are also a way to attract an retain customers.

A free market system is a market system where prices are set by the forces of demand and supply. There is no government regulation in this type of market.

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do females like when being proposed? or which way? to make it official.

Answers

Answer:

yes few like few not .

sometimes it's even worst

Which of the following phrases best describes O*NET?


A financial guide for students

A job search site

A career exploration tool

A college information database

Answers

Answer:

Job search site

Explanation:

....................

Answer:

C.

A career exploration tool

Explanation:

Not sure if this is right, but it's the best guess

which of the following is true regarding a mixed market economy? prices and production of goods are determined by a central planning authority. central government authority owns and operates certain types of businesses. prices and production of goods are based on supply and demand. some pricing fluctuates while other pricing is controlled by the government

Answers

From the following, which is true regarding a mixed market economy is that, prices and production of goods are based on supply and demand.

In a mixed market economy, there is a cross between a market economy and as well as the Socialist economy. So, in the most common types of mixed economies, the market is considered to be more or less free of government ownership except for a few key areas like defense, railroad, and transportation.

A mixed market economy has various characteristics. First, it protects the private property. Second, it also it allows the free market and the laws of supply and demand to determine prices.

Hence, option C is correct.

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Because an insurance policy is a legal contract, it must conform to the state laws governing contracts which require all of the following elements EXCEPT?

Answers

All of the following, with the exception of conditions, are required.

Describe insurance.

One party will agree to compensate another in the event of a certain loss, damage, or injury in exchange for a fee in order to safeguard oneself from financial loss. It is a risk management technique that is typically used to guard against the danger of a hypothetical loss that may or may not materialise.

An underwriter, insurer, firm, or carrier is a company that provides insurance. A person or organisation that obtains insurance is known as a policyholder, whereas a person or organisation that the policy protects is known as an insured.

Become familiar with

Insurance

Visit

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how are you avalon23413?

Answers

Answer:

im great

Explanation:

Answer:

I’m doing well !! I hope you’re are going good too

Explanation:

Using the same quiz format, steps required to answer questions, and submission deadlines for both pars and kcs are examples of which of the eight golden rules for hci design?.

Answers

Examples of the eight golden standards for hci design's Strive for consistency include using the same quiz structure, procedures needed to answer questions, and submission dates for both pars and kcs.

In interface design, every component, theme, animation, and action should stay consistent throughout the experience. The user will probably be perplexed, for instance, if the interface alters the button's color and Strive for consistency font while the user is using it. The concept of consistency extends beyond a single application. For instance, websites frequently share basic elements like the corporate logo in the upper left corner and the top menu. These patterns have emerged through time, been described by usability professionals, and incorporated by designers into common practice.

Between pages of one application or between still-related applications, Strive for consistency is required. The key is that authorized users, including the majority of inexperienced users, can still view sites that are seen as still being in dialogue or as still having a connection to the program in use. Users won't be afraid to switch applications as a result of feeling at ease with the application.

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The question was incomplete. Check below the full question.

Using the same quiz format, steps required to answer questions, and submission deadlines are examples of which of the Eight Golden Rules for HCI Design?

a. Supporting internal locus of control

b. Offering informative feedback

c. Strive for consistency

d. Reducing short-term memory load

Cost Approach to Value
There are five basic steps to the cost approach:
1. Estimate the value of the site as if vacant.
2. Estimate the reproduction cost or replacement cost (new) of all the improvements (excluding any included as part of the site value).
3. Estimate accrued depreciation from all causes (physical deterioration, functional obsolescence, and external obsolescence).

Answers

The cost approach to value is one of the three main approaches used in real estate appraisal.

It is based on the principle of substitution, which states that a rational buyer will not pay more for a property than the cost of acquiring an equally desirable substitute property. The approach involves five basic steps, starting with estimating the value of the site as if vacant, followed by estimating the reproduction or replacement cost of all the improvements, and then estimating the accrued depreciation from all causes.

The final step involves subtracting the total accrued depreciation from the replacement cost to arrive at the property's value. The cost approach is particularly useful when valuing new or recently constructed properties that do not have a significant sales history.

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Solve the problem. round to the nearest cent. stan’s savings account has a balance of $2257. after 5 years, what will the amount of interest be at 10% compounded quarterly? a. $1432.36 c. $112.85 b. $1446.36 d. $1441.36

Answers

The addition of interest to the loan or deposit principle is known as compound interest. The amount of interest compounded at 10% weekly after 5 years is $1441.36.

Compound interest:

Compound interest, often known as interest on interest, is the practise of adding interest to the principle amount of a loan or deposit. This is what happens when money is reinvested rather than paid out, resulting in interest being paid on both the principle and interest already collected in the next quarter.

A=P(1+(r/n)^nt)

where A is the final sum.

P represents the primary sum.

The interest rate is r.

The number of interest charges made in a year is n.

The number of years is t.

Stan has a $2257 amount in his savings account. Consequently, following five years, the balance will be,

A=$2257(1+(0.1/4)(4*5))

= $2257(1.6386) (1.6386)

= $3698.36

Now, the interest rate will be,

Interest calculated as: $3698.36 - $2257

= $1441.36

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To calculate the number of montly payments required to pay off a loan or meet an investment goal, use the _______ function.

Answers

To calculate the number of monthly payments required to pay off a loan or meet an investment goal, use the nper function.

In finance, lending is the lending of money by one or more individuals, organizations, or other entities to other individuals and organizations, etc. The beneficiary incurs a debt and usually has to pay interest on that debt until that debt is also repaid. to repay the principal borrowed.

The promissory note will typically state, among other things, the principal amount of the loan, the interest rate charged by the lender, and the date of repayment. A loan involves reallocation of assets in question over a period of time, between the lender and the borrower.

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the question I have is on the sheet​

the question I have is on the sheet

Answers

Answer:

I think it's first one tooo

can you give me example about Perfect cube​

Answers

Answer:

square prisms

Explanation:

it is square prism

Profit = (selling price per unit × quantity sold) – ( expense per unit × quantity sold) – expenses

Answers

The selling price per unit is the amount of money a buyer will pay.

What is the formula of selling price if there is a profit?

Cost price = Selling price − profit ( when selling price and profit is given )

Cost price = Selling price + loss ( when selling price and loss is given )

Cost price =100×Selling Price100+Profit%( when selling price and profit % is given ) Cost price =100×Selling Price100−loss%( when selling price and loss % is given )

What is profit per unit sold?

Gross Profit per Product Unit is the amount of money you make off each product you sell.

It's calculated by taking the total gross profit from a certain product or service and dividing it by the number of product units sold.

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YOU MAY TAKE THIS ONLY ONCE.Juan (poder) cocinar muy bien.Nosotros (servir) mucha comida en la fiesta.T (preferir) almorzar en casa o en un restaurante?Yo (querer) empezar la fiesta.La fiesta (empezar) a las nueve.Los nios (cerrar) la puerta y (dormir) durante la fiesta.Nosotros (poder) bailar en la fiesta.Yo (encontrar) a muchos amigos en la fiesta.T (pedir) mucha comida en el restaurante. what characteristics did communist and fascist dictatorships share a class of mutations that results in multiple contiguous (side-by-side) amino acid changes in proteins is probably caused by which one of the following types of mutations? a)recombinant b)frameshift c)transition d)transversion e)base analog Which of the following describes the difference between surface mining and sub-surface mining? Rank the following anions in order of increasing base strength (least basic first). H A (a) A Kathleen developed an intense fear of flying 5 years ago when she was in a plane crash. The fact that today she can again fly without distress indicates that her fear has undergone: ________ A. Extinction B. Regurgitation C. Salivating D. Sublimation (-3,-1)(-2,1)(-1,3)(0,5)(1,1)(2,1)(3,1)(4,1)(5,1) domain PLZ HURRY!Which were effects of the Georgia Constitution of 1868? Check all that apply. African American men could vote in elections. Savannah became the new capital city. A public school system was established. The capital of Georgia was moved to Atlanta. Women gained the right to vote. Love Online is an Internet dating agency. All members pay in advance to be listed in the database. Advance payments are credited to an account called Unearned Client Fees. Adjusting entries are performed on a monthly basis and closings are done on December 31. An unadjusted trial balance dated December 31, 2021, follows:LOVE ONLINE, INC.UNADJUSTED TRIAL BALANCE31 DECEMBER. 2021DEBIT CREDITCASH 32.800ACCOUNTS RECEIVABLE 17.000PREPAID RENT 4.000UNEXPIRED INSURANCE 12.000OFFICE SUPPLIER 2.500COMPUTER EQUIPMENT 60.000ACCUMULATED DEPRECIATION: COMPUTER EQUIPMENT 6.000ACCOUNTS PAYABLE 10.000NOTES PAYABLE 30.000UNEARNED CLIENT FEES 15.000CAPITAL STOCK 40.000RETAINED EARNINGS 38.000DIVIDENDS 3.500CLIENT FEES EARNED 54.000SALARIES EXPENSE 21.000DEPRECIATION EXPENSE COMPUTER EQUIPMENT 5.500INSURANCE EXPENSE 11.500RENT EXPENSE 22.000OFFICE SUPPLIES EXPENSE 3.700TOTAL193.000193.000The following information relates to the Companys month-end adjustments:1. Office supplies consumed during the month amounted to $900.2. On December 1, the company paid $12.000 to renew their insurance policy for a period of 12 months. Adjust the monthly insurance expense.3. The useful life of the computer equipment was estimated to be 10 years (120 months).4. Fees recorded as Unearned Client Fees in the amount of $8,000 were earned during the current month of December.5. On December 1, the company borrowed $30,000 by signing a 9-month, 9% note payable. The entire note, plus 9 months interest, is due August 31st, 2022. Record the interest expense for December.6. On December 1, Love Online had moved into the new facilities and had paid $4.000 for 2 month's rent in advance.7. Client fees already earned during December but not yet billed or recorded amounted to $25,000.Instructions:Prepare adjusting entries based on the information provided. (21 points = 3 points each)Post all adjustments on the ledger accounts (T- accounts) (14 points)Prepare closing entries (25 points)Prepare an Income Statement (15 points)Prepare a Statement of Retained Earnings. (10 points)Prepare a Balance Sheet (15 points) Escoge el artculo y adjetivo correcto de la siguiente palabra