The inverse demand curve facing a firm is . if determine the consumer 푝=푎―푏푄푝=푎2surplus. this will be a general equation. b. this general equation may seem abstract. recall that in general, consumer surplus is the area under the demand curve and above the price. let 푎=100, 푝=푎2 solve for consumer surplus using the basic ½(base*height) =50, 푎푛푑푄=100.formula. then solve using the general equation you generated in 1a. show that they are the same.

Rossdale co. stock currently sells for $68.91 per share and has a beta of 0.88. the market risk premium is 7.10 percent and the risk-free rate is 2.91 percent annually. the company just paid a dividend of $3.57 per share, which it has pledged to increase at an annual rate of 3.25 percent indefinitely. what is your best estimate of the company's cost of equity?

The adjusted trial balance for china tea company at december 31, 2018, is presented below:

R& m chatelaine is one of the largest tax-preparation firms in the united states. it wants to acquire the tax experts, a smaller rival. after the merger, chatelaine will be one of the two largest income-tax preparers in the u.s. market. what should chatelaine include in its acquisition plans? it should refocus its attention from the national to the international market. in addition to acquiring the tax experts, it should also determine the best way to drive independent "mom and pop" tax preparers out of business. chatelaine will need to explain to the federal trade commission how the acquisition will not result in an increase in prices for consumers. chatelaine should enter a price-based competition with its other major competitor to force it out of business and become a monopoly.