The three options for soliciting business from potential suppliers are:. a. request for information (RFI), request for quotation (RFQ) and request for proposal (RFP)
b. request for quotation (RFQ), request for proposal (RFP) and request or invitation for bid (RFB or IFB)
c. request for quotation (RFQ), request for confirmation (RFC) and request for proposal (RFP)
d. request for information (RFI), request for proposal (RFP), and request or invitation for bid (RFB or IFB)
e. request for quotation (RFQ), request for price (RFP), and request or invitation for bid (RFB or IFB)

Suppose that each firm in a competitive industry has the following costs: total cost: tc=50+12q2tc=50+12q2 marginal cost: mc=qmc=q where qq is an individual firm's quantity produced. the market demand curve for this product is: demand qd=160−4pqd=160−4p where pp is the price and qq is the total quantity of the good. each firm's fixed cost is.

For each example identify the most appropriate ctso

4. suppose that pollution in a neighborhood comes from two factories, with marginal benefit curves given by mb1 = 12 – p1 and mb2 = 8 – p2. the level of pollution in the neighborhood is given by p = p1 + p2. the government wants to limit pollution by instituting a pollution-rights market. the government’s desired level of p is 10, so it prints 10 pollution rights and offers them for sale to the firms.a)find the equilibrium selling price of a pollution right, as well as the allocation of rights (and hence pollution levels) across the two factories. b)repeat part (a) for the case where the government’s desired level of pollution equals 14. c)comment on the usefulness of a pollution rights market in achieving efficient levels of pollution abatement.