Assume a competitive firm faces a market price of $100, a cost curve of: C = 0.002q cubed + 30q + 750, and a marginal cost curve of: MC = 0.006q2 + 30. If a specific tax of $7 per unit is implemented, what would be the new equilibrium output level?

The following selected amounts are reported on the year-end unadjusted trial balance report for a company that uses the percent of sales method to determine its bad debts expense. accounts receivable $ 435,000 debit allowance for doubtful accounts 1,250 debit net sales 2,100,000 credit all sales are made on credit. based on past experience, the company estimates 1.0% of credit sales to be uncollectible. what adjusting entry should the company make at the end of the current year to record its estimated bad debts expense

Burberry is pursuing a focused differentiation strategy aimed at high-end luxury customers. however, the company is also employing a segmentation strategy to separate customers within that focus. the strategy offers items at an entry-level price point for customers who desire to be like celebrities such as sarah jessica parker as well as couture items for those richest and celebrity customers. what strategy is burberry pursuing?

The face of a company is often that of the lowest paid employees who meet the customers. select one: true false