Doug Jones timely submitted his 2017 tax return and elected married filing jointly status with his wife Darlene. Doug and Darlene did not request an extension for their 2017 tax return. Doug and Darlene owed and paid the IRS $124,000 for their 2017 tax year. Two years later, Doug (Now divorced) would like to amend his return and claim married filing separate status. By changing his filing status, Doug wants a refund for an overpayment for the tax year 2017 (he paid more tax in the original joint return than he owed on a separate return). Explain why Doug can or cannot do this.

Double corporation acquired all of the common stock of simple company for

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?

Suppose your rich uncle gave you $50,000, which you plan to use for graduate school. you will make the investment now, you expect to earn an annual return of 6%, and you will make 4 equal annual withdrawals, beginning 1 year from today. under these conditions, how large would each withdrawal be so there would be no funds remaining in the account after the 4th withdraw?