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Kwan McMillian

Kwan M.

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INSTANT ANSWER

Star Trek Enterprises Balance Sheet July 31, current year Assets Liabilities Current Assets Cash $18,138 Current Liabilities A/R Accounts Payable $18,000 Supplies $16,200 Wages Payable $6,980 Inventory Insurance Payable $2,000 Total Current Assets Total Liabilities $26,980 Property, Plant and Equipment Equipment Stockholder's Equity Accumulated Depreciation Common Stock $42,550 Book Value Retained Earnings $- Total P P & E Total Stockholder's Equity $42,550 Total Assets $- Total Liabilities and Stocholder Equity $69,530 Monsters Inc. Balance Sheet July 31, current year Assets Liabilities Current Assets Cash Current Liabilities A/R $1,260 Accounts Payable $- Supplies $2,000 Wages Payable $450 Inventory Total Current Assets Total Liabilities $450 Property, Plant and Equipment Equipment Stockholder's Equity Accumulated Depreciation Common Stock $2,400 Book Value Retained Earnings $- Total P P & E Total Stockholder's Equity $2,400 Total Assets $- Total Liabilities and Stocholder Equity $2,850

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INSTANT ANSWER

If $7,000 is invested at 8.5% compounded continuously, find the future value after 6.5 years

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INSTANT ANSWER

4567+32^_*7

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INSTANT ANSWER

Solve the following equations (when necessary include 4 decimals): (a) 22^x−1 = 1024 (b) log2(3 − x) = 32

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INSTANT ANSWER

Solve the following equations (when necessary include 4 decimals): (a) 22^x−1 = 1024

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INSTANT ANSWER

Write the equation in logarithmic form and solve for x. (Round your answer to three decimal places.) e9x + 7 = 0.36

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INSTANT ANSWER

Use your calculator to find the local maximum, local minimum, and zeros, if any exist for the function g(x)=-2x-8x^3-2.5x^2+12.5x

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AWAITING AN EDUCATOR

9. Two gas stations, A and B, are locked in a price war. Each player has the option of raising its price \( (R) \) or continuing to charge the low price \( (\mathrm{C}) \). They will choose strategies simultaneously. If both choose \( \mathrm{C} \), they will both suffer a loss of \( \$ 100 \). If one chooses \( R \) and the other chooses \( C \), (i) the one that chooses \( \mathrm{R} \) loses many of its customers and earns \( \$ 0 \), and (ii) the one that chooses \( \mathrm{C} \) wins many new customers and earns \( \$ 1000 \). If they both choose \( \mathrm{R} \), the price war ends and they each earn \( \$ 500 \). a. Draw the payoff matrix for this game. b. Indicate the best-response by player A if player B chooses \( \mathrm{R} \) (raise price). c. Does player A have a dominant strategy? Explain. d. How many Nash equilibria does this game have? e. Does this game resemble a prisoner's dilemma? Explain why or why not. f. What course of action will players A \& B end up choosing?

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AWAITING AN EDUCATOR

5. The table below shows the long-run total cost of three different firms. a. Which firm(s) experience economies of scale for all 4 units of output?

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ANSWERED

Andrew Davis verified

Numerade educator

10. Use the diagram below to answer the next three questions. a. What price and quantity will the firm in the diagram above produce? b. What's the socially-optimal price and quantity? c. In the absence of government intervention, will this firm produce too much or too little?

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