Assume a firm faces two customers in the market. Customer 1 has an inverse demand of pequals=150150minus−q 1q1, and Customer 2 has an inverse demand of pequals=180180minus−q 2q2. Marginal cost per unit is constant and equal to $5050. Determine the profit-maximizing price and identical lump-sum fee charged to these two customers. For the following questions, assume the firm will always sell to both customers. The profit-maximizingLOADING... price is $nothing. (Enter a numeric response using a real number rounded to two decimal places.)
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Alyssa works for an engineering firm that has been hired to design and supervise the construction of a highway bridge over a major river. the bridge will be a unique design, incorporating complex designs that will likely never be duplicated. how should alyssa deal with designing and overseeing the building of the bridge?
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Melissa is a very generous single woman. before this year, she had given over $11,400,000 in taxable gifts over the years and has completely exhausted her applicable credit amount. in the current year, melissa gave her daughter riley $100,000 and promptly filed her gift tax return. melissa did not make any other gifts this year. how much gift tax must riley pay the irs because of this transaction?
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Assume a firm faces two customers in the market. Customer 1 has an inverse demand of pequals=150150m...
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