Two firms produce and sell differentiated products that are substitutes for each other. their demand curves are: firm 1 q1 = 40 - 3p1 + p2 and firm 2 q2 = 40 - 3p2 + p1both firms have constant marginal costs of $3.10 per unit. both firms set their own price and take their competitor's price as fixed. use the nash equilibrium concept to determine the equilibrium set of prices. since the firms are identical, they will set the same prices and produce the same quantities. in equilibrium, each firm will charge a price of $ and produce units of output. each firm will earn a profit of $ (all answers rounded to four decimal places.)

Catherine de bourgh has one child, anne, who is 18 years old at the end of the year. anne lived at home for seven months during the year before leaving home to attend state university for the rest of the year. during the year, anne earned $6,000 while working part time. catherine provided 80 percent of anne's support and anne provided the rest. which of the following statements regarding whether anne is catherine's qualifying child for the current year is correct? a.anne is a qualifying child of catherine.b.anne is not a qualifying child of catherine because she fails the gross income test.c.anne is not a qualifying child of catherine because she fails the residence test.d.anne is not a qualifying child of catherine because she fails the support test.

Palmer frosted flakes company offers its customers a pottery cereal bowl if they send in 3 boxtops from palmer frosted flakes boxes and $1. the company estimates that 60% of the boxtops will be redeemed. in 2012, the company sold 675,000 boxes of frosted flakes and customers redeemed 330,000 boxtops receiving 110,000 bowls. if the bowls cost palmer company $3 each, how much liability for outstanding premiums should be recorded at the end of 2012?

Bob, an employee at machina corp., is well known among his colleagues because of his temper and impatience. during a heated argument with one of his supervisors, he reacts with hostility. bob's manager calls him in for a discussion and listens to what he has to say about the incident, while treating him with dignity and respect. this scenario can be best categorized as one that used