Two firms compete in a market to sell a homogeneous product with inverse demand function p = 600 – 3q. each firm produces at a constant marginal cost of $300 and has no fixed costs. use this information to compare the output levels and profits in settings characterized by cournot, stackelberg, bertrand, and collusive behavior. instruction: do not round intermediate calculations. round final answers to two decimal places for cournot values. cournot output for each firm: cournot profits for each firm: $ stackelberg leader output: stackelberg follower output: stackelberg leader profits: $ stackelberg follower profits: $ bertrand market-level output: bertrand profits for each firm: $ collusive market-level output: collusive industry-level profits: $

In macroeconomics, to study the aggregate means to study blank

Asmall town wants to build some new recreational facilities. the proposed facilities include a swimming pool, recreation center, basketball court and baseball field. the town council wants to provide the facilities which will be used by the most people, but they face budget and land limitations. the town has $400,000 and 14 acres of land. the pool requires locker facilities which would be in the recreation center, so if the swimming pool is built the recreation center must also be built. also, the council has only enough flat land to build the basketball court or the baseball field. the daily usage and cost of the facilities (in $1,000) are shown below. which facilities should they build? facilityusagecost ($1,000)landswimming pool4001002recreation center5002003basketball court3001504baseball field2001005

You are considering purchasing a company — assets, liabilities, warts, and all. you are aware that sometimes liabilities do not always show up on the balance sheet. discuss five examples of liabilities that may not be explicitly recognized on the balance sheet, making sure to explain why they are liabilities.