Sam and Christine both run their own lawn care businesses. Sam can mow a lawn in 30 minutes and trim a lawn in 20 minutes: Christine can mow a lawn in 20 minutes and trim a lawn in 20 minutes Who has absolute and comparative advantage in trimming lawns?

А

Sam has comparative advantage in trimming lawns; no one has absolute advantage in trimming lawns.

B

Christine has comparative advantage in trimming lawns; no one has absolute advantage in trimming lawns.

С

Christine has absolute and comparative advantage in trimming lawns.

D

Sam has absolute and comparative advantage in trimming lawns.

Which of the following statements is correct? a. two firms with identical sales and operating costs but with different amounts of debt and tax rates will have different operating incomes by definition. b. free cash flow (fcf) is, essentially, the cash flow that is available for interest and dividends after the company has made the investments in current and fixed assets that are necessary to sustain ongoing operations. c. retained earnings as reported on the balance sheet represent cash and, therefore, are available to distribute to stockholders as dividends or any other required cash payments to creditors and suppliers. d. if a firm is reporting its income in accordance with generally accepted accounting principles, then its net income as reported on the income statement should be equal to its free cash flow. e. after-tax operating income is calculated as ebit(1 - t) + depreciation.

Zapper has beginning equity of $257,000, net income of $51,000, dividends of $40,000 and investments by stockholders of $6,000. its ending equity is

Amonopolist’s inverse demand function is p = 150 – 3q. the company produces output at two facilities; the marginal cost of producing at facility 1 is mc1(q1) = 6q1, and the marginal cost of producing at facility 2 is mc2(q2) = 2q2.a. provide the equation for the monopolist’s marginal revenue function. (hint: recall that q1 + q2 = q.)mr(q) = 150 - 6 q1 - 3 q2b. determine the profit-maximizing level of output for each facility.output for facility 1: output for facility 2: c. determine the profit-maximizing price.$