In each of the following situations, determine whether job costing or process costing would be more appropriate. A. A CPA firmB. An oil refineryC. A custom furniture manufacturerD. A tire manufacturerE. A textbook publisherF. A pharmaceutical companyG. An advertising agencyH. An architecture firmI. A flour millJ. A paint manufacturerK. A nursing homeL. A landscaping companyM. A cola-drink-concentrate producerN. A movie studioO. A law firmP. A commercial aircraft manufacturerQ. A management consulting firmR. A plumbing contractorS. A catering serviceT. A paper millU. An auto repair shop

Nominal gross domestic producta. is a measure of the overall level of pricesb. measures the value of final goods and services produced within the borders of a given country during a given time period using current pricesc. measures the value of final goods and services produced within the borders of a given country during a given time period corrected for changing pricesd. only changes when the level of output changes

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Suppose that two firms produce differentiated products and compete in prices. as in class, the two firms are located at two ends of a line one mile apart. consumers are evenly distributed along the line. the firms have identical marginal cost, $60. firm b produces a product with value $110 to consumers.firm a (located at 0 on the unit line) produces a higher quality product with value $120 to consumers. the cost of travel are directly related to the distance a consumer travels to purchase a good. if a consumerhas to travel a mile to purchase a good, the incur a cost of $20. if they have to travel x fraction of a mile, they incur a cost of $20x. (a) write down the expressions for how much a consumer at location d would value the products sold by firms a and b, if they set prices p_{a} and p_{b} ? (b) based on your expressions in (a), how much will be demanded from each firm if prices p_{a} and p_{b} are set? (c) what are the nash equilibrium prices?