1. Consider a market with a demand curve given (in inverse form) by P(Q) = 80 - 0.250, where Q is total market output and P is the price of the good. Two firms compete in this market by sequentially choosing quantities q1 and q2 (where q1 + q2 = 0). This is an example of:. A. Bertrand competition.
B. Cournot competition.
C. perfect competition.
D. Stackelberg competition.
2. Now suppose the cost of production is constant at $30.00 per unit (and is the same for both firms). If the two firms are maximizing profit, the leader will produceunits and the follower will produceunits. The total amount of production will beunits and the price of the good will be $.

Acompany is developing a new high­performance wax for cross country ski racing. in order to justify the price marketingwants, the wax needs to be very fast. specifically, the mean time to finish their standard test course should be less thanseconds for a former olympic champion. to test it, the champion will ski the course 8 times. the champion's times(selected at random) are 59.9 61.9 48.8 52.2 46.6 45.3 50.6 and 41.1 seconds to complete the test course. complete parts a and b below.a) should they market the wax? assume the assumptions and conditions for appropriate hypothesis testing are metfor the sample.assume=0.05. what are the null and alternative hypotheses? choose the correct answer below.b) suppose they decide not to market the wax after the test, but it turns out that the wax really does lower the champion'saverage time to less thanseconds. what kind of error have they made? explain the impact to the company of such anerror.

Coop inc. owns 40% of chicken inc., both coop and chicken are corporations. chicken pays coop a dividend of $10,000 in the current year. chicken also reports financial accounting earnings of $20,000 for that year. assume coop follows the general rule of accounting for investment in chicken. what is the amount and nature of the book-tax difference to coop associated with the dividend distribution (ignoring the dividends received deduction)?

What term is used to describe the outsourcing of logistics? a. shipper managed inventoryb. hollow logistics(smi)c. sub-logisticsd. e-logisticse. third-party logistics (3pl)