Two firms produce the same good and compete against each other in a cournot market. the market demand for their product is p = 204minus−4q, and each firm has a constant marginal cost of $12 per unit. let upper q subscript iqi be the output produced by firm i, where i = 1,2. then, firm 1's reaction function is

a. upper q 1q1 = 24minus−0.5upper q 2q2. your answer is correct. b. upper q 1q1 = 25.5minus−0.5upper q 2q2.

c. upper q 1q1 = 24minus−upper q 2q2.

d. upper q 1q1 = 24.

e. none of the above.

Schonhardt corporation's relevant range of activity is 2,500 units to 5,500 units. when it produces and sells 4,000 units, its average costs per unit are as follows: averagecost per unitdirect materials $ 7.60direct labor $ 2.90variable manufacturing overhead $ 1.65fixed manufacturing overhead $ 2.90fixed selling expense $ 0.95fixed administrative expense $ 0.65sales commissions $ 0.75variable administrative expense $ 0.65if 4,500 units are produced, the total amount of fixed manufacturing cost incurred is closest to: multiple choicea $16,800b $11,400c $11,600d $15,400

Cash flows during the first year of operations for the harman-kardon consulting company were as follows: cash collected from customers, $360,000; cash paid for rent, $44,000; cash paid to employees for services rendered during the year, $124,000; cash paid for utilities, $54,000.in addition, you determine that customers owed the company $64,000 at the end of the year and no bad debts were anticipated. also, the company owed the gas and electric company $2,400 at year-end, and the rent payment was for a two-year period.calculate accrual net income for the year.

Which activity is not allowed in a 3 compartment sink