Given the following information for a monopolistic competitor: Demand: P = 60 - 6(Q)
Marginal revenue: MR = 60 – 12(Q)
Marginal cost: MC = 2(Q) + 6
Average total cost at equilibrium is 30
1. At what output (Q) will this firm maximize profit?
Number
2. At what price (P) will this firm maximize profit?
Number
3. What is the total revenue (TR) earned at this output level? Number
4. What is the total cost (TC) accrued at this output?
Number
5. What profit or loss is experienced by this firm?
Number
6. Could this firm be in a longrun situation? (answer 1 = yes, 2 = no)
Number
I

Used cars usually have options: higher depreciation rate than new cars lower financing costs than new cars lower insurance premiums than new cars lower maintenance costs than new cars

When a shortage or a surplus arises in the loanable funds market a. the supply of loanable funds changes to return the economy to its original real interest rate b. the nominal interest rate is pulled to the new equilibrium level c. the demand for loanable funds changes to return the economy to its original real interest rate d. the real interest rate is pulled to the new equilibrium level

On december 31, 2013, coronado company issues 173,000 stock-appreciation rights to its officers entitling them to receive cash for the difference between the market price of its stock and a pre-established price of $10. the fair value of the sars is estimated to be $5 per sar on december 31, 2014; $2 on december 31, 2015; $10 on december 31, 2016; and $8 on december 31, 2017. the service period is 4 years, and the exercise period is 7 years. prepare a schedule that shows the amount of compensation expense allocable to each year affected by the stock-appreciation rights plan.