PROBLEM 1: The demand curve for a particular good is given by its marginal private benefit function.
Let MPB = 24 - 2q, where q is the quantity demanded. Let the marginal private cost
function be MPC = q. Suppose that marginal social benefit is always double the marginal
private benefit
1. Graph the functions, and mark out the (i) the market equilibrium, (ii) the efficient
equilibrium.
2. Algebraically determine the market level of output and the optimal level of
output.
3. What is the welfare loss at the market equilibrium compared to the efficient
equilibrium? Show your answer on the graph and calculate it numerically.
4. What tax level would achieve the optimal level of output? What will be the
corresponding tax revenue? Show the optimal tax level and tax revenue on the
graph, and also calculate these numbers using algebra.

Symantec corp., located in cupertino, california, is one of the world's largest producers of security and systems management software. the company's consolidated balance sheets for the 2009 and 2008 fiscal years included the following ($ in thousands): current assets: receivables, less allowances of $21,766 in 2009 and $24,089 in 2008 $ 838,010 $ 758,700 a disclosure note accompanying the financial statements reported the following ($ in thousands): year ended 2009 2008 (in thousands) trade accounts receivable, net: receivables $ 859,776 $ 782,789 less: allowance for doubtful accounts (8,938) (8,990) less: reserve for product returns (12,828) (15,099) trade accounts receivable, net: $ 838,010 $ 758,700 assume that the company reported bad debt expense in 2009 of $2,000 and had products returned for credit totaling $3,230 (sales price). net sales for 2009 were $6,174,800 (all numbers in thousands).required: what is the amount of accounts receivable due from customers at the end of 2009 and 2008? what amount of accounts receivable did symentec write off during 2009? what is the amount of symentec’s gross sales for the 2009 fiscal year? assuming that all sales are made on a credit basis, what is the amount of cash symentec collected from customers during the 2009 fiscal year?

Side bar toggle icon performance in last 10 qs hard easy performance in last 10 questions - there are '3' correct answers, '3' wrong answers, '0' skipped answers, '1' partially correct answers about this question question difficulty difficulty 60% 42.2% students got it correct study this topic • demonstrate an understanding of sampling distributions question number q 3.8: choose the correct estimate for the standard error using the 95% rule.

Find a company that has followed a strong strategic direction- state that generic strategy and the back-up points to support your position.