You are given the market demand function q = 3400 - 1000p, and that each duopoly firm's marginal cost is $0.28 per unit, which implies the cost function: c (q_i) = 0.28q_i, assuming no fixed costs for i = 1, 2. the cournot equilibrium quantities are q_1 = and q_2 = (enter your responses as whole numbers). the cournot equilibrium price is $ (round to the nearest penny) calculate the cournot profits: firm 1 $ and firm 2 $ (round both responses to the nearest cent).

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Employees of dti, inc. worked 1,600 direct labor hours in january and 1,000 direct labor hours in february. dti expects to use 18,000 direct labor hours during the year, and expects to incur $22,500 of worker’s compensation insurance cost for the year. the cash payment for this cost will be paid in april. how much insurance premium should be allocated to products made in january and february?

The gomez company, a merchandising firm, has budgeted its activity for december according to the following information: • sales at $500,000, all for cash. • merchandise inventory on november 30 was $250,000. • the cash balance at december 1 was $20,000. • selling and administrative expenses are budgeted at $50,000 for december and are paid for in cash. • budgeted depreciation for december is $30,000. • the planned merchandise inventory on december 31 is $260,000. • the cost of goods sold represents 75% of the selling price. • all purchases are paid for in cash. the budgeted cash disbursements for december are: