Q4 In Stackelberg game, each of two firms, firm A (leader) and firm B (follower), has marginal cost MC=20, and market demand is Q=50−p/2. a. What is the effect on the equilibrium price if the government subsidize the follower firm B with a subsidy of s per each unit of output produced? Explain this effect. b. What should the subsidy be in order to obtain the same price that would prevail in a perfect competitive market?

Answers

Answer 1

a. The effect on the equilibrium price of subsidizing firm B in a Stackelberg game would be a decrease. B; The subsidy should be equal to the difference between marginal cost and the market price under perfect competition.

A. When the government subsidizes firm B with a subsidy of s per unit of output, it effectively reduces firm B's effective marginal cost by s. As a result, firm B can offer its output at a lower price, increasing its competitiveness. In the Stackelberg game, firm A, being the leader, will adjust its quantity to maximize its profits while considering the lower price set by firm B. This leads to a decrease in the equilibrium price compared to the scenario without the subsidy, benefiting consumers.

b. In a perfectly competitive market, firms equate price to marginal cost. Since both firm A and firm B have a marginal cost of 20, the market price in perfect competition would also be 20. To achieve this price in the Stackelberg game, the subsidy for firm B should be set at 20 minus its marginal cost of 20, resulting in a subsidy of 0. This eliminates the difference in costs between the firms and ensures that the equilibrium price matches that of a perfectly competitive market.

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Related Questions

Markets may have difficulty providing the proper quantity of a public good because Group of answer choices individuals will tend to become free riders, and private firms will have difficulty generating enough revenue to produce an efficient quantity of the good. the good generally has a very large value to consumers relative to its cost of production. the good is one that tends to benefit a large number of people. the large profit involved in the production of a public good is generally too much for private firms to effectively pay out to shareholders.

Answers

Answer:

individuals will tend to become free riders, and private firms will have difficulty generating enough revenue to produce an efficient quantity of the good.

Explanation:

A public good is a good that is non excludable and non rivalrous. Everyone has assess to the statue and because one person is enjoying the view of the statue does not means another person cannot enjoy the view of the statue

The free rider problem is a form of market failure. It occurs when people benefit from a good or service of communal nature and do not pay to enjoy these services.

Because a public good is non-excludable, the problem of free rider increases so private firms would be unable to generate adequate revenue

What was the period of 20th century?

Answers

The 20th century has some of the time been called, both inside and outside the US, the American Century, however, this is a disputable term.

The 20th (twentieth) century started on January 1, 1901 (MCMI), and finished on December 31, 2000 (MM). The twentieth century was overwhelmed by critical occasions that characterized the cutting-edge time: 6th mass annihilation, the Spanish influenza pandemic, The Second Great War and The Second Great War, atomic weapons, atomic power and space investigation, patriotism and decolonization, the Virus War and post-Cold Conflict clashes, and mechanical advances. These reshaped the political and social design of the globe.

Extra subjects remember intergovernmental associations and social homogenization through advancements for arising transportation and correspondences innovation; destitution decrease and rising ways of life, total populace development, attention to natural corruption, environmental extinction; and the introduction of the Computerized Insurgency. Vehicles, planes and the utilization of home apparatuses became normal, as did video and sound recording. Extraordinary advances in power age, correspondence, and clinical innovation are considered closely prompt overall PC correspondence and hereditary alteration of life.

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2. Suppose that there are five different lemonade stands in the same neighborhood. Explain
how the lemonade stands meet most of the conditions of perfect competition

Answers

Answer:

Eventually prices will equalize at all five lemonade stands.

Explanation:

Perfect competition is accomplished when, in an appropriate business, all firms have identical price arrangements and there is an adequately substantial amount of these same firms so that the production arrangement of any one firm has no obvious influence on the cost at which it commodity is marketed.

The lemonade made are similar in taste, thus they are identical products. Thus, if a lemonade seller increases the price of their good, buyers can patronise another lemonade seller. As a result, the price of lemonades would be the same among the five sellers.

Also, there is little or no barriers to entry for lemonade sellers.

A perfect competition is a market were there are numerous buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.

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What are the factors of production?
a. Goods and services
b. Risk and opportunity
C. Land, labor, & capital
d. Wages, salaries, & profits

Answers

Answer:

C.Land,labor & capital

what are the answers for all 3 of them?

what are the answers for all 3 of them?

Answers

Answer:

See below

Explanation:

(i) €585.00

As per the statement, Taylor owed €585.00 to Franklyn photographic supplies Ltd at the end of April. The closing balance for April is the Amount owed at the end of April.

(ii) €75.00

The opening balance for April as indicated in the statement is the closing balance for March.

(iii) €375.00

As per the statement an amount of €375.00 was paid on April 15

Question 2 (1 point)
Kelsi works in a toy manufacturing company assembling small dolls. Her job falls into
the Maintenance, Installation & Repair pathway of the Manufacturing career cluster.

1:) True

2:) False

Answers

True




I guess don’t be mad if I’m wrong

our self-talk consists of words pictures and emotions. as we imprint our affirmations we

Answers

Self-talk is your inner voice or the way you speak to yourself. Although you almost probably are doing it without realizing it, you almost certainly are. In order to produce an internal monologue throughout the day, this inner voice mixes conscious thoughts with ingrained beliefs and biases.

What are the four categories of self-talk?

Your inner discourse is known as self-talk.

Personalizing. You own all of the guilt for yourself.

Magnifying.

Catastrophizing.

Polarizing.

What are the five tiers of one's own self-talk?

Helm Stetter outlines the "Five Levels of Self-Talk" (Negative Acceptance, Recognition and Need to Change, Decision to Change, The Better You, and Universal Affirmation) and offers advice on how to navigate each level for significant life changes.

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which source of credit typically requires the highest interest rate?

Answers

Consumers have access to a wide variety of credit sources, each of which has pros and disadvantages of its own. Payday loans are the financial product that normally has the highest interest rate when it comes to interest rates.

Payday loans are small, temporary loans that are frequently returned on the borrower's next paycheck. Those who need money urgently and may not have access to other types of credit frequently utilize them.

Payday loans, however, have extremely high-interest rates, frequently exceeding 400% APR. These payday loans often come with interest and charges. Many a time a loan taken or borrower fails to pay the loan on time then fee and additional charges can be put on him/her.

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ACME Company is a big supplier that wants to make it difficult for new suppliers to take sales away from its important customer BAKER. Currently ACME sells BAKER 18000 units yearly at a cost of $75 per unit. And BAKER is placing orders of EOQ. ACME wants BAKER to increase the size of its next order to 4500 units by offering a price discount. Ordering costs are $3250 per order and holding cost is 30% of Item value. What is the smallest discount (new discount price), that ACME needs to offer BAKER to make it economical to purchase 4500 units next time?

Answers

The smallest discount (new discount price) that ACME needs to offer BAKER to make it economical to purchase 4500 units next time is $70.

To calculate this, we need to consider the economic order quantity (EOQ) model. EOQ determines the optimal order quantity that minimizes the total cost of ordering and holding inventory. Given the current order quantity of 18,000 units, the ordering cost of $3,250, and the holding cost of 30% of the item value, we can calculate the current total cost.

Total Cost = Ordering Cost + Holding Cost

Total Cost = (Ordering Cost per order) * (Annual Demand / Order Quantity) + (Holding Cost per unit) * (Order Quantity / 2)

By substituting the given values into the formula, we can find the current total cost. Next, we need to calculate the total cost if BAKER purchases 4,500 units next time. By adjusting the discount price, we can find the smallest discount that results in a lower total cost compared to the current total cost. The smallest discount that achieves this is $70.

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competition is a competitive advantage based on factors other than price

Answers

Answer:

C-nonprice

The multiple-choice options for the questions are

A-price

B- perfect

C-nonprice

D-monopolistic

Explanation:

Business competition refers to the contest or rivalry among businesses selling similar products to the same customers. They compete for customers, to make more sales, or achieve a larger market share. Companies use several parameters such as price, quality, design, location to out-do each other.

When businesses compete based on price, it is known as price competition. Non- price competition is when the competition is based on all other parameters, including quality, location, packaging, advertisements, and design.

56. IMPORTANT QUESTION PLS ANSWER !!!
Common policies for cell phone use in the workplace include:

56. IMPORTANT QUESTION PLS ANSWER !!! Common policies for cell phone use in the workplace include:

Answers

Explanation:

do not take the personal calls during work hours

Answer:

1. Do not take personal calls during work hours

2. Turn off ringer before entering the workplace

4. Use texting only during meetings

____________________________________________________________

good luck I just used common sense so uhm here i hope they are correct good luck

Using the accounting equation (A = L + OE) calculate the amount of equity the company has if your assets are worth $10,000 total, while your debt is $5,000.

Answers

Answer:

$5,000

Explanation:

The Equation  (A = L + OE) is the accounting equation that guides in preparing a balance sheet. The equation in full is

Assets = Liabilities + Owners Equity.

In this case

Assets = $10,000 , liabilities = $5,000, equity = ?

$10,000 = $5000 + Equity

Equity = $10,000 - $5,000

Equity = $5,000

what is politics,detailed answer brainley

Answers

Answer:

Politics is the set of activities that are associated with making decisions in groups, or other forms of power relations between individuals, such as the distribution of resources or status.

An innovative business idea that no one has never had

Answers

An innovative business idea that no one has never had is Offering virtual assistance to other businesses.

What is innovative business idea ?

innovative business idea can be described as an idea in business that cn be developed so that it can be a way to earn a living by providing the services or the goods to the consumer.

It should be noted that this innovation can be the one that no one has ever done or the modification of the one that has been in exisitence, however providing the virtual assistance serves as one of the innovation in business that can ring profit.

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Complete question:

State An innovative business idea that no one has never had

The primary or dominant values that are accepted throughout the organization are:
A) core values.
B) formalized culture.
C) jargon.
D) mini values.

Answers

(A)The primary or dominant values that are accepted throughout the organization are core values ​​.

In business terms,the organization refers to the set of people or individuals who come together to achieve organizational goals.They are organized in such a way that they are known as a group that performs similar or related tasks.In an organization,values play a very important role in the proper functioning of employees.The values that guide the organization,whether they are working on the right track or not. Core values are primary or dominant value these are accepted by the majority of the members of the organization.The dominant culture expresses the core values that are shared by most members of the culture of an organization defines the correct way to behave within.This culture consists of shared beliefs and values established by external and internal organizational environments and corporate cultural norms,values and beliefs to help its members achieve an effective organizational culture in the corporate group.The interview data were findings of core corporate values that included their well-being.

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help me please please

help me please please

Answers

Answer:

A). compound interest

Explanation:

Hope that helped you :)

Answer:

Simple interest

Explanation:

I believe it's simple interest

Support activities, according to the value chain, are the actions a firm takes to directly provide a product or service to customers.TrueFalse

Answers

‘Support activities, according to the value chain, are the actions a firm takes to directly provide a product or service to customers. This is false.

What is value chain?

From a product's initial design to its delivery to a customer, there are a number of sequential stages that make up a value chain. The supply chain identifies every point of production, including the sourcing, manufacturing, and marketing phases, where value is added.

A business analyses its value chain by analysing the specific processes engaged in each stage of its operations. A value-chain analysis' goal is to boost manufacturing efficiency so that a business can provide the most value for the least amount of money. It's essential for companies to maintain customer confidence and security so they can keep them as loyal customers in addition to making sure production processes are seamless and effective. Value-chain studies can also be useful here.

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According to the textbook, of all barriers to entry, the most important are those that are due to
A) ownership of a key input.
B) economies of scale.
C) government-imposed barriers.
D) the Herfindahl-Hirschman Index.

Answers

According to the textbook, the most important barriers to entry among the given options are economies of scale.

What are economies of scale?

Economies of scale are cost advantages that businesses can achieve when they expand their production processes. This advantage occurs when the cost of producing goods and services decreases as the output increases. The greater the quantity produced, the lower the average cost per unit of production.

There are several reasons why companies experience economies of scale, including:

The ability to invest in advanced technologies with higher output capabilities.

Purchasing larger quantities of raw materials at lower prices.

Reducing the cost of advertising by spreading it over a larger market.

Operating more efficiently due to the use of specialized machinery or production methods.

Below are the four given options:

A) ownership of a key input, B) economies of scale, C) government-imposed barriers, D) the Herfindahl-Hirschman Index

Thus, According to the textbook, the ownership of a key input is identified as the most important barrier to entry among the options provided.

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Please help, <3
Analyze two pricing strategies for their advantages and disadvantages and give reasons for a business to use each of those pricing strategies.

Answers

The advantages of a pricing policy lies in its ability to make your product appealing to customers, while also covering your costs

The disadvantages of pricing strategies come into play when they are not successful, either by not sufficiently appealing to customers or by not providing you with the income you need.

hope it helps

.Sort How Are 5S Concepts Applied At This Step? How Does This Help Achieve Your Objective? What Letter Were You Able To Get To In The Time Alotted? 2. Set In Order How Are 5S Concepts Applied At This Step? How Does This Help Achieve Your Objective? What Letter Were You Able To Get To In The Time Allotted? 3.Standardize How Are 5S Concepts Applied At This
1.Sort
How are 5S concepts applied at this step? How does this help achieve your objective? What letter were you able to get to in the time alotted?
2. Set in Order
How are 5S concepts applied at this step? How does this help achieve your objective? What letter were you able to get to in the time allotted?
3.Standardize
How are 5S concepts applied at this step? How does this help achieve your objective? What letter were you able to get to in the time allotted?
4.Find the Error
Explain how applying 5S would have helped achieve the objective in this step faster. Were you able to find the defects in this step? If so, how long did it take.
5 S Reflection
List the 5 S's missing in this simulation? Explain how these concepts could be applied with an example.

Answers

1. Sort:
5S concepts are applied in the Sort step by eliminating unnecessary items and organizing the remaining items. This helps achieve your objective by reducing clutter and improving efficiency. It is not possible to determine what letter you were able to get to in the time allotted without more context.

2. Set in Order:
5S concepts are applied in the Set in Order step by arranging items in an efficient and logical manner, making it easier to locate and use them. This helps achieve your objective by streamlining the workspace and reducing time spent searching for items. Again, the letter reached in the time allotted cannot be determined without context.

3. Standardize:
5S concepts are applied in the Standardize step by establishing consistent methods and procedures for maintaining an organized workspace. This helps achieve your objective by ensuring everyone follows the same system, reducing confusion and increasing productivity. The letter reached in the time allotted is unknown without more information.

4. Find the Error:
Applying 5S concepts would have helped achieve the objective faster in this step by having a well-organized and efficient workspace, making it easier to identify and correct errors. It is not possible to determine if you were able to find defects in this step or how long it took without further context.

5. S Reflection:
The 5 S's missing in this simulation are likely Sort, Set in Order, Shine, Standardize, and Sustain. Applying these concepts could improve efficiency and productivity. For example, in the Shine step, regularly cleaning and maintaining equipment can prevent breakdowns and ensure smooth operations.

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What are two things a good investment might do?

Answers

Answer: With a good investment there should be very little chance of losing the total amount invested. Good investment ideas will hold their value or increase in value for a long time. The way any investment product is structured and regulated should offer investors protection.

Explanation:

Good investment must contain

Long term planPast records

The fund where you invest must have good past records of benifit.If it has Andy fraud records of misleading money you shouldn't invest thereAlso the growth rate must be measured for long term interest and benifits

If MC = $5, find price using markup pricing if Ed = [infinity].a) 1.67b) 5c) 0d) 10

Answers

The price using the markup pricing is $15 when MC = $5.

In the context of markup pricing, where the price is determined based on the marginal cost (MC) and a markup percentage, the given information states that the price is $15 when the marginal cost is $5.

However, the statement also mentions that the price elasticity of demand (Ed) is equal to infinity.

Given the information provided, MC (marginal cost) = $5, and Ed (price elasticity of demand) is equal to infinity. In markup pricing, the formula for calculating price is:

Price = MC * (1 + (1 / Ed))

Since Ed is infinity, the term (1 / Ed) becomes 0. Therefore, the equation simplifies to:

Price = MC * (1 + 0) = MC

As MC = $5, the price is also $5. So, the correct answer is option b) 5.

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two countries produce copper and lead. country A can produce a maximum of 300 tons of copper per day or 150 tons of lead. Country b can produce a maximum of 400 tons of copper per day or 100 tons of lead. which statement best describes this situation

Answers

Answer:

A. Country B has a comparative advantage producing copper.

Multiple -choices

A. Country B has a comparative advantage producing copper.

B. Country A has an absolute advantage producing copper and lead.

C. Country A has an absolute advantage producing copper.

D. Country B has a comparative advantage producing lead.

Explanation:

A country has a comparative advantage over others if it can produce a product using fewer resources. It means that given equal inputs, a country with a comparative advantage will have more output than competitors. Therefore, comparative advantage is the ability to produce at a lower opportunity cost than rivals.

Country B's ability is 400 tons while country A capacity is 300 tons. Country B uses fewer resources hence has a higher output than country A.  Country B has a comparative advantage over country A.

Answer:

Country B has a comparative advantage producing copper.

Explanation:

two countries produce copper and lead. country A can produce a maximum of 300 tons of copper per day

Lenders who make FHA loans must be approved by:

Answers

Answer:

FHA loans are loans from private lenders that are regulated and insured by the Federal Housing Administration (FHA), a government agency.

Explanation:

The FHA doesn't lend the money directly–private lenders do.

Which of the following three situations is least likely to occur at the same time as the other two situations? Why?
1) Real GDP is less than potential GDP.
2) An economy in a strong, 5-year expansion.
3) An unemployment rate above the natural rate of unemployment.

Answers

Answer: I'm going to take a guess and say 1 and 3.

Explanation: Just taking a guess.

An impairment of property, plant, or equipment has occurred if.

Answers

An impairment of property, plant, or equipment has occurred if the carrying amount of the asset exceeds its recoverable amount.

The carrying amount is the cost of the asset less any accumulated depreciation, whereas the recoverable amount is the higher of the asset's fair value less the cost to sell or its value in use.

If the recoverable amount is lower than the carrying amount, then an impairment loss must be recognized in the financial statements.

This impairment loss reduces the carrying amount of the asset to its recoverable amount, and it is recognized as an expense in the income statement.

It is important to note that an impairment loss can be reversed if the recoverable amount subsequently increases, but only up to the amount of the original impairment loss.

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3. ______ are defined as goods or services that are required for health and safety.

Answers

Occupational Health and Safety are defined as goods or services that are required for health and safety. Information standards are guidelines governing the information that must be provided to consumers when they purchase specific goods.

What is the safety of goods?

A safe product is one that delivers either no risk or a minimum tolerable level of risk, taking into account the product's typical or reasonably foreseeable use and the need to maintain a high level of consumer protection.

Occupational health and safety is a multidisciplinary discipline that deals with all elements of workplace health and safety, with a heavy emphasis on preventing workplace dangers.

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when each additional unit of an input increases total output by more than did the previous unit, the firm is experiencing

Answers

when each additional unit of an input increases total output by more than did the previous unit, the firm is experiencing d) Increasing marginal returns.

A company that offers professional services and is for-profit, such as a corporation, limited liability company (LLC), or partnership, is called a firm. The majority of businesses only have one actual location. Contrarily, a business firm is made up of one or more physical locations that are all owned by the same individual and have the same EIN (EIN).

Several types of organizations can be referred to as "firms," including consultancy, marketing, and graphic design firms, among others. The term "firm," when used in a title, is frequently connected to companies that offer specialized legal and accounting services. The firm's corporate theory holds that companies exist to maximize profits.

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The correct question is:

When each additional unit of an input increases total output by more than did the previous unit, the firm is experiencing:

a) Constant returns to scale

b) Decreasing marginal returns

c) Decreasing marginal cost

d) Increasing marginal returns

An oil company purchased 10,000 acres of land on January 1, 2015, for $5,000,000, on which it developed an underground oil site. The company spent $11,000,000 to prepare the site for operation, and believes that 500,000 barrels of oil can be extracted from the site over 5 years after drilling begins. The land has a residual value of $250,000. Assuming 50,000 barrels of oil were extracted from the land in 2017, how much depletion would be recorded

Answers

Answer:

the depletion would be recorded is $1,575,000

Explanation:

The computation of the depletion would be recorded is shown below;

Cost of land $5,000,000      

Investment on land $1,100,0000      

Less: Residual value -$250,000      

Depreciable value $15,750,000  

Now the depletion should be    

= ($15,750,000 ÷ 500,000) × 50,000  

= $1,575,000

Hence, the depletion would be recorded is $1,575,000

which of the following statements is true about the relationship between business processes and information systems? group of answer choices information systems incorporate all business process activities and hence, should be developed before business processes. the relationship between business processes and information systems is one-to-one. developing information systems before business processes ensures that all activities are considered in the development process. a business process need not relate to any information system, but an information system relates to at least one business process.

Answers

A business process need not relate to any information system, but an information system relates to at least one business process, this statements is true about the relationship between business processes and information systems.

A business process is a logically related sequence of actions that specify how particular business tasks are carried out. It is a distinctive method of coordinating work, information, and knowledge inside an organization. Business processes are important for managers to be aware of since they affect how well a firm can conduct its operations and could provide a competitive edge. Each of the main business functions has its own unique business processes, but many of them are cross-functional. Information systems assist firms restructure and streamline business operations by automating certain of these procedures.

The official organizational division in charge of information technology services is the information systems department. It is in charge of maintaining the networks, data storage, hardware, and software that make up the company's IT infrastructure. The department is often led by a CIO and is made up of professionals including programmers, systems analysts, project managers, and information systems managers.

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