Mercury air’s debt consists of $50,000 in accounts payable, mercury air’s debt consists of $50,000 in accounts payable, $100,000 in 10 percent notes payable and $240,000 in 8 percent bonds. mercury has no preferred stock. if its marginal tax rate is 35 percent, what is mercury’s financial breakeven point? $100,000 in 10 percent notes payable and $240,000 in 8 percent bonds. mercury has no preferred stock. if its marginal tax rate is 35 percent, what is mercury’s financial breakeven point?

Suppose general motors demands labor according to the labor demand function 푤푤= 40−0. 5퐸퐸, where 푤푤 is the hourly wage and 퐸퐸 is the number of employees. the united auto workers union has a utility function given by 푈푈=푊푊∗퐸퐸. a. in 1984, the united auto workers union started negotiations with general motors by assuming that they were a monopoly union. find the wage and employment demands that the united auto workers union would have demanded before any bargaining began. b. if general motors and the united auto workers union both had excellent bargaining representatives, would this be the final labor contract? if not, then explain in words and graphically where they would end up after the bargaining process.