Hutchinson, Inc. provides the following data taken from its third quarter​ budget: Jul

Aug

Sep
Cash collections

$ 68 comma 000
$ 35 comma 000
$ 40 comma 000
Cash​ payments:

Purchases of direct materials

31 comma 000
32 comma 000
50 comma 000
Operating expenses

9 comma 000
17 comma 000
22 comma 000
Capital expenditures

0
35 comma 000
6 comma 000
The cash balance on June 30 is projected to be $ 15 comma 000
.
Based on the above​ data, calculate the shortfall the company is projected to have at the end of August.
A. 43000
B 44000
C 35000
D 6000

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?