Anna and Bess are assigned to write a joint paper within a 24-hour period about the Pareto optimal provision of public goods. Let t Subscript Upper A denote the number of hours that Anna contributes to the project and t Subscript Upper B the number of hours that Bess contributes. The numeric grade that Anna and Bess earn is a function, 22ln(t Subscript Upper Aplust Subscript Upper B), of the total number of hours that they contribute to the project. If Anna contributes t Subscript Upper A, then she has (24minust Subscript Upper A) hours in the day for leisure. Anna's utility function is Upper U Subscript Upper Aequals22ln(t Subscript Upper Aplust Subscript Upper B)plusln(24minust Subscript Upper A); and Bess's utility function is Upper U Subscript Upper Bequals22ln(t Subscript Upper Aplust Subscript Upper B)plusln(24minust Subscript Upper B). If they choose the number of hours to contribute simultaneously and independently, what is the Nash equilibrium LOADING... number of hours that each will provide

Social computing forces companies to deal with customers as opposed to

James albemarle created a trust fund at the beginning of 2016. the income from this fund will go to his son edward. when edward reaches the age of 25, the principal of the fund will be conveyed to united charities of cleveland. mr. albemarle specified that 75 percent of trustee fees are to be paid from principal. terry jones, cpa, is the trustee. james albemarle transferred cash of $500,000, stocks worth $400,000, and rental property valued at $250,000 to the trustee of this fund. immediately invested cash of $360,000 in bonds issued by the u.s. government. commissions of $7,900 are paid on this transaction. incurred permanent repairs of $9,000 so that the property can be rented. payment is made immediately. received dividends of $8,000. of this amount, $3,000 had been declared prior to the creation of the trust fund. paid insurance expense of $4,000 on the rental property. received rental income of $10,000. paid $8,000 from the trust for trustee services rendered. conveyed cash of $7,000 to edward albemarle.

Walsh company manufactures and sells one product. the following information pertains to each of the company’s first two years of operations: variable costs per unit: manufacturing: direct materials $ 25 direct labor $ 12 variable manufacturing overhead $ 5 variable selling and administrative $ 4 fixed costs per year: fixed manufacturing overhead $ 400,000 fixed selling and administrative expenses $ 60,000 during its first year of operations, walsh produced 50,000 units and sold 40,000 units. during its second year of operations, it produced 40,000 units and sold 50,000 units. the selling price of the company’s product is $83 per unit. required: 1. assume the company uses variable costing: a. compute the unit product cost for year 1 and year 2. b. prepare an income statement for year 1 and year 2. 2. assume the company uses absorption costing: a. compute the unit product cost for year 1 and year 2. b. prepare an income statement for year 1 and year 2. 3. reconcile the difference between variable costing and absorption costing net operating income in year 1.