Suppose that thierry and abdul are duopolists. thierry is producing 700 units of output, and abdul is producing 500 units of output. when abdul produces 500 units, thierry maximizes profit by producing 700 units. when thierry produces 700 units of output, abdul maximizes profit by producing 500 units. thierry and abdul are

An outside supplier has offered to sell talbot similar wheels for $1.25 per wheel. if the wheels are purchased from the outside supplier, $15,000 of annual fixed overhead could be avoided and the facilities now being used could be rented to another company for $45,000 per year. direct labor is a variable cost. if talbot chooses to buy the wheel from the outside supplier, then annual net operating income would: