Antitrust initiatives come with both benefits and costs. of the following, which best summarizes the tradeoffs for society when firms want to merge, or when the government wants to challenge the merger? a. the mainhradecofis between o the bencfits of increased market power versus the costs of higher efficiency. b. the benefits of higher efficiency versus the costs of increased market power. c. the benefits of product differentiation versus the costs of greater economies of scale. d. the benefits of increased profits versus the costs of higher wages.

Analyzing and computing accrued warranty liability and expense waymire company sells a motor that carries a 60-day unconditional warranty against product failure. from prior years' experience, waymire estimates that 2% of units sold each period will require repair at an average cost of $100 per unit. during the current period, waymire sold 69,000 units and repaired 1,000 units. (a) how much warranty expense must waymire report in its current period income statement? (b) what warranty liability related to current period sales will waymire report on its current period-end balance sheet? (hint: remember that some units were repaired in the current period.) (c) what analysis issues must we consider with respect to reported warranty liabilities?