There are 1010 households in lake wobegon, minnesota, each with a demand for electricity of upper q equals 60 minus upper pq=60−p. lake wobegon electric's (lwe) cost of producing electricity is tc equals 575 plus 2 upper qtc=575+2q. a. if the regulators of lwe want to make sure that there is no deadweight loss in this market, what price will they force lwe to charge? what will output be in that case? calculate consumer surplus and lwe's profit with that price. (round all responses to two decimal places.)

Avx home entertainment, inc., recently began a “no-hassles” return policy. a sample of 500 customers who recently returned items showed 400 thought the policy was fair, 32 thought it took too long to complete the transaction, and the rest had no opinion. on the basis of this information, make an inference about customer reaction to the new policy. (round your answers to 1 decimal place.)

Ummit record company is negotiating with two banks for a $157,000 loan. fidelity bank requires a compensating balance of 24 percent, discounts the loan, and wants to be paid back in four quarterly payments. southwest bank requires a compensating balance of 12 percent, does not discount the loan, but wants to be paid back in 12 monthly installments. the stated rate for both banks is 9 percent. compensating balances will be subtracted from the $157,000 in determining the available funds in part a. a-1. calculate the effective interest rate for fidelity bank and southwest bank. (do not round intermediate calculations. input your answers as a percent rounded to 2 decimal places.) a-2. which loan should summit accept? southwest bank fidelity bank b. recompute the effective cost of interest, assuming that summit ordinarily maintains $37,680 at each bank in deposits that will serve as compensating balances

Double corporation acquired all of the common stock of simple company for