Alyeski tours operates day tours of coastal glaciers in alaska on its tour boat the blue glacier. management has identified two cost drivers—the number of cruises and the number of passengers—that it uses in its budgeting and performance reports. the company publishes a schedule of day cruises that it may supplement with special sailings if there is sufficient demand. up to 86 passengers can be accommodated on the tour boat. data concerning the company’s cost formulas appear below: fixed cost per month cost per cruise cost per passenger vessel operating costs $ 6,300 $ 478.00 $ 3.50 advertising $ 2,200 administrative costs $ 5,800 $ 35.00 $ 1.50 insurance $ 3,100 for example, vessel operating costs should be $6,300 per month plus $478.00 per cruise plus $3.50 per passenger. the company’s sales should average $29.00 per passenger. in july, the company provided 58 cruises for a total of 3,050 passengers. required: prepare the company’s flexible budget for july.

Personal financial planning is the process of creating and achieving financial goals? true or false

Which of these makes a student loan different from other types of loans

1. consider a two-firm industry. firm 1 (the incumbent) chooses a level of output qı. firm 2 (the potential entrant) observes qı and then chooses its level of output q2. the demand for the product is p 100 q, where q is the total output sold by the two firms which equals qi +q2. assume that the marginal cost of each firm is zero. a) find the subgame perfect equilibrium levels of qi and q2 keeping in mind that firm 1 chooses qi first and firm 2 observes qi and chooses its q2. find the profits of the two firms-n1 and t2- in the subgame perfect equilibrium. how do these numbers differ from the cournot equilibrium? b) for what level of qi would firm 2 be deterred from entering? would a rational firm 1 have an incentive to choose this level of qi? which entry condition does this market have: blockaded, deterred, or accommodated? now suppose that firm 2 has to incur a fixed cost of entry, f> 0. c) for what values of f will entry be blockaded? d) find out the entry deterring level of q, denoted by q1', a expression for firm l's profit, when entry is deterred, as a function of f. for what values of f would firm 1 use an entry deterring strategy?