Company A and Company B are soft drink companies operating in the same country for two decades. The market demand curve for their soft drinks is given by Q = 119 - 0.5P. Company A's short-run and marginal costs are given by STC = 3q2 + 48q + 572 and SMC = 6q + 48. Company B's short run total and marginal costs are given by STC = 6q2 + 18q + 849 and SMC = 12q + 18.
a. If Company A and Company B form a cartel to market soft drinks, calculate the cartels profit maximizing price quanity combination.
b. Calculate the profit maximizing output produced by each firm.
c. Calculate the profits earned by each firm and the cartel.
Question 2 (11 marks) Use spherical coordinates to evaluate the integral. 19-22-y2 z2 /x2 + y2 + z2 dz dy dxMay 17 2021
The September 2014 bank statement and cash T-account for Terrick Company follow: There were no deposits in transit or outstanding checks at August 31. Required: 1. Identi...May 22 2020
Dependable Motors just purchased some MACRS 5-year property at a cost of $216,000. The MACRS rates are .2, .32, and .192 for years 1 to 3, respectively. Which one of the ...Aug 11 2020
Amy Austin established an insurance agency on March 1 of the current year and completed the following transactions during March: >Opened a business bank account with a de...Apr 09 2021
In fisher Ltd, direct materials are 12 000, direct labour 15 000 and manufacturing overhead is 9 000 What is the amount of (a) prime costs and (b) conversion costs?2 Belo...Mar 23 2020
Define Contributional marginJun 19 2021
PROBLEM-SOLVING APPLICATION CASE (PSAC-)Changing the Culture at Yahoo! Inc.You might call Yahoo! the original Internet company. Starting in the mid-1990s by almost accide...Jul 21 2020
Assignment: A survey paperFormat: IEEE research paper format. Soft copy only document (pdf/docx) 6/7 pages, Title, Abstract (300 words), Introduction (1/1.5 page), detail...Jun 09 2020
Office Supplies had a normal starting balance of $75. There were debit postings of $90 and credit postings of $70 during the month. The ending balance isA) $55 debit.B) ...Mar 14 2020
In many fermentations, the maximum amount of cell mass must be obtained. However, the amount of mass that can be made is ultimately limited by the cell volume. Cells occu...Jun 08 2020