Two firms produce the same good and compete against each other in a cournot market. the market demand for their product is p = 204minus−4q, and each firm has a constant marginal cost of $12 per unit. let upper q subscript iqi be the output produced by firm i, where i = 1,2. then, firm 1's reaction function is

a. upper q 1q1 = 24minus−0.5upper q 2q2. your answer is correct. b. upper q 1q1 = 25.5minus−0.5upper q 2q2.

c. upper q 1q1 = 24minus−upper q 2q2.

d. upper q 1q1 = 24.

e. none of the above.

Identify an organization with the low-total-cost value proposition and suggest at least two possible measures within each of the four balanced scorecard perspectives.

On january 1, vermont corporation had 40,000 shares of $10 par value common stock issued and outstanding. all 40,000 shares has been issued in a prior period at $20.00 per share. on february 1, vermont purchased 3,750 shares of treasury stock for $24 per share and later sold the treasury shares for $21 per share on march 1. the journal entry to record the purchase of the treasury shares on february 1 would include a credit to treasury stock for $90,000 debit to treasury stock for $90,000 credit to a gain account for $112,500 debit to a loss account for $112,500

Your dormitory, griffingate, has appointed you central banker of its economy, which deals in the currency of wizcoins. assume that the velocity of wizcoins in griffingate is constant at 10,000 transactions per year. right now, real gdp is 1,000 wizcoins, and there are 2,000 wizcoins in existence.