Amonopolist produces output with constant marginal cost equal to 1. there are two of consumers that are potentially in the market for the good. consumer a has inverse demand function pa(x) = 7 − x, and consumer b has inverse demand function pb(x) = 5 − x.

(i) what are the pareto efficient levels of consumption of the good by consumers a and b? call these x∗a and x∗b respectively.
(ii) if the monopolist can identify which consumer is which, and can charge them different prices, what price will each consumer be charged? what profit does the monopolist make?
(iii) if the monopolist can identify which consumer is which, and can charge a two-part-tariff to each, what price schedule will each consumer face? that is, what will be the fixed "entry fee" charged to each person, and what will be the marginal price per unit paid? what is the monopolist’s profit now?
(iv) suppose the monopolist cannot identify which consumer is which. what is the best pair of purchase options (xa, ra) and (xb, rb) the monopolist should offer? (hint: you’ll need to show that xb = 2.) what is the firm’s profit?

Oerstman, inc. uses a standard costing system and develops its overhead rates from the current annual budget.the budget is based on an expected annual output of 120,000 units requiring 480,000 direct labor hours.(practical capacity is 500,000 hours)annual budgeted overhead costs total $772,800, of which $556,800 is fixed overhead.a total of 119,300 units, using 478,000 direct labor hours, were produced during the year.actual variable overhead costs for the year were $260,400 and actual fixed overhead costs were $555,450.required: 1. compute the fixed overhead spending variance and indicate if favorable or unfavorable.2. compute the fixed overhead volume variance and indicate if favorable or unfavorable.

1. list five staple convenience goods that you or your household buys on a regular basis. (you do not need to use complete sentences. 2.5 points) 2. list three impulse convenience goods that you or someone you know has purchased. (you do not need to use complete sentences. 2.5 points) 3. describe a shopping good that you or someone you know purchased. what kind of research did you or that person do before buying the product? (1-5 sentences. 3.0 points) 4. choose an example of a company you could start, and decide which business structure would make the most sense for that type of company (sole proprietorship, partnership, llc, c corporation, s corporation, or nonprofit corporation). explain why this structure would be good for this type of company. give at least 3 reasons. (3-6 sentences. 6.0 points) 5. if you were starting a new business, describe at least three departments to the company that you would need right away. why are these departments so important? (1-5 sentences. 3.0 points) 6. describe a product that you think has saturated its market. what makes you think it has saturated its market? (1-5 sentences. 3.0 points)

Each row in a database is a set of unique information called a(n) table. record. object. field.