Pc connection and cdw are two online retailers that compete in an internet market for digital cameras. while the products they sell are similar, the firms attempt to differentiate themselves through their service policies. over the last couple of months, pc connection has matched cdw’s price cuts, but has not matched its price increases. suppose that when pc connection matches cdw’s price changes, the inverse demand curve for cdw’s cameras is given by p = 1,500 - 3q. when it does not match price changes, cdw’s inverse demand curve is p = 1,200 -0.5q. based on this information, determine cdw’s inverse demand function over the last couple of months. p = - q if q ≤ 120 - q if q ≥ 120 over what range will changes in marginal cost have no effect on cdw’s profit-maximizing level of output?

In 1975, mcdonald’s introduced its egg mcmuffin breakfast sandwich, which remains popular and profitable today. this longevity illustrates the idea of:

Activity-based costing (abc) is not truly a cost collection mechanism as much as it is an inventory valuation method. the main purpose for implementing an activity-based cost system is to try to overcome some of the cost distortions that occur in traditional costing from product differences when there are variations in size and complexity. however, one of the disadvantages of utilizing abc is that the additional information gathering necessary to implement costing with that level of detail might be beyond the reach of some companies with resource or financial constraints. with this in mind, what kinds of industries or companies do you think would benefit most from using activity-based costing and why? in designing or modifying an accounting system to capture appropriate costs for abc, what considerations do you think would need to be made?

When the benefit of one particular use of a resource is greater than the opportunity cost, then that resource is which of the following? a. not scarce b. being used efficiently c. a normal good d. non-excludable