Assume the following data for cable corporation and multi-media inc. cable corporation multi-media inc. net income $ 35,000 $ 110,000 sales 366,000 2,320,000 total assets 403,000 970,000 total debt 172,000 510,000 stockholders' equity 231,000 460,000 a-1. compute return on stockholders’ equity for both firms. (input your answers as a percent rounded to 2 decimal places.) a-2. which firm has the higher return? multi-media inc. cable corporation b. compute the following additional ratios for both firms. (input your net income/sales, net income/total assets and debt/total asset answers as a percent rounded to 2 decimal places. round your sales/total assets answers to 2 decimal places. g

Goods and services that can be used for the same purpose are and goods and services that are used together are

In the supply-and-demand schedule shown above, at the lowest price of $50, producers supply music players and consumers demand music players.

Suppose that two firms produce differentiated products and compete in prices. as in class, the two firms are located at two ends of a line one mile apart. consumers are evenly distributed along the line. the firms have identical marginal cost, $60. firm b produces a product with value $110 to consumers.firm a (located at 0 on the unit line) produces a higher quality product with value $120 to consumers. the cost of travel are directly related to the distance a consumer travels to purchase a good. if a consumerhas to travel a mile to purchase a good, the incur a cost of $20. if they have to travel x fraction of a mile, they incur a cost of $20x. (a) write down the expressions for how much a consumer at location d would value the products sold by firms a and b, if they set prices p_{a} and p_{b} ? (b) based on your expressions in (a), how much will be demanded from each firm if prices p_{a} and p_{b} are set? (c) what are the nash equilibrium prices?