The inverse demand for a homogeneous-product stackelberg duopoly is p = 16,000 - 4q. the cost structures for the leader and the follower, respectively, are cl(ql) = 4,000ql and cf (qf) = 6,000qf..

a. what is the followers reaction function?

qf =

b. determine the equilibrium output level for both the leader and the follower.

leader output:

follower output:

c. determine the equilibrium market price.

$

d. determine the profits of the leader and the follower.

leader profits: $

follower profits: $

Which are the best examples of costs that should be considered when creating a project budget?

Ursus, inc., is considering a project that would have a five-year life and would require a $1,650,000 investment in equipment. at the end of five years, the project would terminate and the equipment would have no salvage value. the project would provide net operating income each year as follows (ignore income taxes.):

howard, fine, & howard is an advertising agency. the firm uses an activity-based costing system to allocate overhead costs to its services. information about the firm's activity cost pool rates follows: stooge company was a client of howard, fine, & howard. recently, 7 administrative assistant hours, 3 new ad campaigns, and 8 meeting hours were incurred for the stooge company account. using the activity-based costing system, how much overhead cost would be allocated to the stooge company account?