Assume there currently exists a monopolistically competitive industry with 21 firms, and that total revenue (price * quantity) for firm #1 is [(180 - 0.2σqj) - q1] * q1 where q1 represents the output of firm 1, and the qj (j = 2,3, ,21) represent the outputs of its 20 competitors. assume that each firm has the identical total cost function tc = 0.5q3 - 21q2 + 300q 1. derive the expression for firm 1’s marginal revenue (mr1) assuming – albeit inconsistently – that both: (a) like any cournot-type competitor, firm 1 ignores the indirect effects of its output choice [cvs equal to zero], and (b) all other 20 firms will produce the same quantity as firm 1. 2. when setting this mr1 equal to marginal cost, what is the corresponding short run profit-maximizing level of output for firm 1? 3. at this (common) output level, what price will firm 1 charge?

On january 1, 2018, johnstone leased an office building. terms of the lease require johnstone to make 15 annual lease payments of $134,000 beginning on january 1, 2018. a 10% interest rate is implicit in the lease agreement. at what amount should johnstone record the lease liability on january 1, 2018, before any lease payments are made?

If a firm plans to issue new stock, flotation costs (investment bankers' fees) should not be ignored. there are two approaches to use to account for flotation costs. the first approach is to add the sum of flotation costs for the debt, preferred, and common stock and add them to the initial investment cost. because the investment cost is increased, the project's expected return is reduced so it may not meet the firm's hurdle rate for acceptance of the project. the second approach involves adjusting the cost of common equity as follows: . the difference between the flotation-adjusted cost of equity and the cost of equity calculated without the flotation adjustment represents the flotation cost adjustment. quantitative problem: barton industries expects next year's annual dividend, d1, to be $1.90 and it expects dividends to grow at a constant rate g = 4.3%. the firm's current common stock price, p0, is $22.00. if it needs to issue new common stock, the firm will encounter a 6% flotation cost, f. assume that the cost of equity calculated without the flotation adjustment is 12% and the cost of old common equity is 11.5%. what is the flotation cost adjustment that must be added to its cost of retaine

What has caroline's payment history been like? support your answer with two examples