devonshire, incorporated sold merchandise inventory on account at a price of $18,000 with payment terms of 2/10, n/30. the merchandise cost devonshire $14,000. if the customer paid for the merchandise 5 days after receiving the invoice, how much cash was collected by devonshire?

Consumption and disposable income have a positive relationship.

As disposable income increases, consumers have more money available to spend on goods and services, which leads to an increase in consumption.

This relationship is known as the consumption function, which is a fundamental concept in macroeconomics. The relationship between consumption and disposable income is not necessarily one-to-one, as consumers may choose to save some of their income instead of spending it. However, in general, economists expect that as disposable income increases, consumption will also increase. This relationship is an important factor in understanding how changes in income and government policies, such as tax cuts or stimulus spending, can affect consumer behavior and the overall economy.

Thus, the positive relationship between consumption and disposable income reflects the basic idea that people consume goods and services as a means of meeting their needs and wants, and that their ability to do so is closely tied to their income levels.

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Answer:more

Explanation:

Activity-based costing uses multiple cost pools and unique measures of activity compared to traditional systems.

In comparison to traditional systems, activity-based costing (ABC) uses multiple cost pools and unique measures of activity. It considers indirect costs as direct expenses, and it assigns indirect expenses to cost objects using cost drivers. It improves the accuracy of product costing, which improves product profitability analysis.

ABC helps to identify the activities that are driving the costs of products and services. ABC facilitates continuous improvement, which leads to product and process enhancements. ABC is a costly system to implement but, it provides accurate product cost information that can assist management in making well-informed decisions.

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The correct answer to this question is 'period cost'. Explanation Variable costing is a costing technique that involves the grouping of the costs associated with the production of a product into two distinct categories namely variable and fixed costs.

In variable costing, the fixed manufacturing overhead costs are not allocated to the individual units of production. As such, they are treated as period costs instead of being treated as inventoriable costs.

This is because they are regarded as expenses that are incurred during the period under consideration as opposed to being incurred to produce specific products. Variable costing is an alternative to the traditional absorption costing method.

In absorption costing, the fixed manufacturing overhead costs are allocated to the individual units of production. As a result, they are treated as inventoriable costs that are included in the cost of the products.

When computing the cost of products under absorption costing, the fixed manufacturing overhead costs are allocated to the units of production using a predetermined rate.

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Subtracting the predicted inflation rate from the nominal interest rate yields the estimated real rate of interest. Nico Nelson has selected the 3-month T-bill yield as the nominal interest rate in this situation,

which is currently at 3%. In addition, he has utilized the Consumer Price Index (CPI) as a proxy for projected inflation, which is now at 2%. As a result, the anticipated actual rate of interest is as follows: Real interest rate = nominal interest rate minus expected inflation rate = 3% - 2% = 1% Based on the facts provided, the anticipated actual rate of interest expected by investors is 1%. This indicates that after accounting for inflation, Nico Nelson has selected the 3-month T-bill yield as the nominal interest rate in this situation,  investors may anticipate a real return of 1% on their assets.

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The one-on-one interaction between a salesperson and a prospective buyer is known as personal selling. Salespeople interact directly with potential buyers to persuade them to buy a product or service.

Personal selling is a method of selling that requires the salesperson to connect with potential buyers on a personal level. Personal selling refers to the sales technique of using a salesperson to engage with potential customers in person. It's a promotional method that entails establishing and maintaining connections with consumers, assessing their needs and preferences, and presenting them with products that meet their needs. Personal selling is often used to promote goods that are expensive, complex, or unfamiliar to the general public.

Personal selling can be a crucial component of an organization's marketing strategy, particularly when the product or service is difficult to understand or is being marketed to a small group of potential customers. Some of the advantages of personal selling include the ability to tailor sales pitches to individual customers, the ability to establish long-term relationships with customers, and the ability to obtain immediate feedback from customers. Personal selling also has some drawbacks, including the high cost of employing a sales force, the difficulty of finding good salespeople, and the time and effort required to train salespeople.

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The survey of CEOs from around the world reported that 14% of U.S. CEOs had no foreign experience. The correct answer is option b.

The CEOs around the world have different working experiences that can be vital to the companies' growth and expansion. A research survey showed that only 14% of CEOs in the United States had no international working experience. The report shows that 86% of CEOs in the United States have had previous international experience, compared to 96% of their counterparts in other developed economies such as the United Kingdom and Canada.

CEO stands for Chief Executive Officer. It is the highest-ranking officer of a company. A CEO is responsible for managing the company's overall operations, including planning, organizing, and executing business strategies to achieve the company's goals. CEOs have a significant impact on the company's success, including profitability, growth, and reputation.

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The term "point of beginning" refers to the primary reference point in a metes and bounds legal description of real property. This is the point at which the boundaries of the land are initially set and is usually marked by a landmark or natural feature such as a river, tree, or stone.

From this point, a surveyor would draw straight lines in the cardinal directions to determine the boundaries of the property. The directions of the lines are then noted and the length of the line is measured in feet, yards, or rods. By using this method, all of the boundaries of the property can be defined and described accurately.

The point of beginning is an important concept in the creation of a legal description of real property. Without a point of beginning, it is difficult to define the boundaries of a property accurately. This is because the cardinal directions from which the boundaries of the property are derived can become lost or confused.

Furthermore, it is not always possible to rely on natural landmarks or features as reference points. The point of beginning serves as an anchor for all other elements of the legal description, providing a fixed point from which all other lines can be drawn and measured.

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Answer:Distances, angles, and reference points

Base lines, meridans, and plots

Lot numbers, degrees of latitude and longitude

Parallels, intersections, and street numbers

d

Explanation:

Many service companies collect data via a follow-up survey of their customers. For example, to ascertain customer sentiment, Delta Air Lines sends an e-mail to customers immediately following a flight. Among other questions, Delta asks:

The primary motive behind collecting customer data is to create a better customer experience. The following are the reasons why service companies collect data:

1. To analyze the business's performance

2. To provide customized products and services

3. To improve customer experience

4. To anticipate the customer's needs and requirements

5. To maximize customer satisfaction and loyalty

6. To enhance employee performance

7. To analyze the industry trends

8. To evaluate the effectiveness of business strategies

9. To stay ahead of the competitors

These are the reasons why service companies collect customer data.

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The strategy that Alyssa is undertaking is commonly known as "Total Quality Management (TQM)."

What is Total quality management?

Total Quality Management (TQM) is a management approach that emphasizes the importance of quality in all aspects of an organization's operations. It involves a continuous effort to improve the quality of products, services, and processes, with the ultimate goal of meeting or exceeding customer expectations.

TQM is based on the belief that quality is everyone's responsibility, not just the responsibility of a specific department or individual. It requires the active participation of all employees in the organization, from top-level management to front-line workers.

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The volatility of Ford's returns is 9.64%.

The volatility of Ford's returns can be calculated by taking the standard deviation of the returns over the past 5 years. Standard deviation is a measure of the variation of a data set from its mean.

In this case, the mean return is 2.6%. To calculate the standard deviation, we subtract the mean from each return, square the results, and add them together. The sum is then divided by the total number of returns (5) and then take the square root of that result.

Using the above formula, the standard deviation of Ford's returns over the past 5 years is 9.64%. Therefore, the volatility of Ford's returns is 9.64%.

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A covenant not to compete (CNC) is a legally binding agreement in which an individual or business promises to refrain from engaging in certain activities that could potentially compete with the party to whom the CNC is being granted. The CNC can be a separate contract or a clause that is included in a broader agreement.

CNCs are particularly prevalent in the sale of businesses and the employment of key personnel.Covenants not to compete (CNC) are generally included in the sale of a company in order to protect the buyer from the seller's future competition. In the case of a retailer, a CNC may prevent the seller from opening up another retail store in the same city or geographic region within a specific period of time (usually several years) after the sale.

This is particularly important if the seller has an established reputation and customer base in the area. It can also be used in employment contracts where an employer may ask employees to sign a CNC to protect the company from having employees leave and start a competing business or take clients with them.CNCs can be both beneficial and detrimental to both parties involved. On the one hand, they can protect the buyer or employer from future competition and loss of clients. On the other hand, they can restrict the seller or employee's freedom to work and make a living.

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The main difference between the two is that the closed-end investment company has a fixed number of shares that are traded on the stock market, while the mutual fund is an open-ended fund with an unlimited number of shares.

Sources of return from an investment in a closed-end investment company (CEIC) include dividends from underlying investments, capital appreciation from underlying investments, and net investment income. A CEIC can sell for a discount from its net asset value (NAV) because it is not required to redeem its shares, while a mutual fund must redeem its shares at NAV, meaning it cannot sell for a discount.

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The value of the bond is $836.09. Bonds can be described as medium- to long-term transferable bonds.

The value of the bond can be calculated using the formula for bond valuation: V = P[1 - (1 + r)^(-n)] / r + A[(1 + r)^n], where

In this case, V is the value of the bond, P is 1000, r is 7.6%, n is 10, and A is 60. Plugging in these values, the value of the bond is $836.09. Therefore, the value of the bond is $836.09.

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Quality can be defined as the degree of excellence of a product, service or process in meeting or exceeding customer expectations and requirements. It is a measure of how well something is made, performed or delivered. Quality can be assessed based on various factors such as durability, reliability, safety, effectiveness, efficiency, user-friendliness, aesthetics, and conformance to standards and specifications.

In essence, quality is about meeting or exceeding the needs and expectations of customers and stakeholders. It involves continuous improvement and a commitment to excellence in all aspects of a business or organization. Quality can also be viewed as a key driver of customer satisfaction, loyalty and retention, and ultimately, business success and competitiveness.

Achieving and maintaining high levels of quality requires a comprehensive approach that encompasses all aspects of a business, including design, production, operations, marketing, customer service, and feedback and continuous improvement processes. This involves setting clear quality standards and objectives, using appropriate tools and techniques for quality management, engaging employees and stakeholders in quality improvement efforts, and continuously monitoring and measuring performance against quality metrics and benchmarks.

The four cornerstones of market segmentation are demographic, psychographic, geographic, and behavioral; however, you may also use these four additional categories to strengthen your marketing campaigns.

Market segmentation can be done in five different ways: firmographic, geographic, psychographic, and behavioral. Victoria's Secret and their teen-focused brand PINK are an illustration of market segmentation in action. When compared to their brand PINK, which is largely marketed to women, Victoria's Secret primarily targets women.

Geospatial, demographic, psychographic, and behavioral market segmentation are typical examples. Businesses may demonstrate that they are skilled marketers and generate a higher return on their efforts by understanding market segments.

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When using an agile approach, project cost management is different in the following such as Prioritize requirements, Early and frequent cost analysis, Maintain flexibility and Rapid iteration.

Prioritize requirements: Agile prioritizes requirements based on customer needs, which may change throughout the project. Therefore, the cost of the project must be managed with flexibility in mind. In other words, the budget must be flexible enough to accommodate changing requirements.

Early and frequent cost analysis: Agile cost management requires early and frequent cost analysis, as the project's requirements may change as the project progresses. It's essential to assess costs regularly to ensure that the project remains within budget.

Maintain flexibility: Agile's cost management approach values flexibility. It's important to be adaptable and ready to alter plans or budgets to meet the project's changing demands. This way, it would be much easier to execute the project plan efficiently.

Rapid iteration: Agile's cost management approach encourages fast iterations. As a result, project costs should be divided into smaller, more manageable pieces. This way, the project team can evaluate and modify the cost management strategy on a regular basis. As the project progresses, it is important to be able to pivot the budget if necessary. The cost management strategy should be reevaluated and adjusted based on how the project is going.

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When answering questions on the Brainly platform, it is important to always be factually accurate, professional, and friendly. It is also important to be concise and not provide extraneous amounts of detail. One should never ignore any typos or irrelevant parts of the question.

Furthermore, it is important to use the following terms in one's answer:Student question: Kanha is a student at Fresno State University who recently got his first F. Now he has to make a decision about how to get his grades back up. Having recently taken a class on decision making, Kanha decides to follow the six-step process for deciding what to do. What problem is Kanha most likely to face during the recognition of decision requirement step in the decision-making process?In the recognition of decision requirement step in the decision-making process, Kanha is most likely to face the problem of inadequate information. This problem arises when the decision maker lacks sufficient information to identify a decision situation or fully understand the problem that needs to be solved. In this step, Kanha must clearly identify and define the problem he is facing before moving on to the next step in the decision-making process. However, this may prove difficult if he does not have enough information about the problem at hand. Therefore, he should take the time to gather as much relevant information as possible to ensure that he has a clear understanding of the situation before moving on to the next step.

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The given statement in the given question about companies being outsourcing to focus on core competencies is True.

Outsourcing is a common strategy that companies use to focus on their core competencies. Outsourcing refers to the practice of contracting with third-party vendors to perform certain business functions that are not considered core to the company's operations. By outsourcing non-core functions, companies can free up resources and focus on the activities that are most critical to their success. For example, a manufacturing company might outsource its accounting or IT functions to a third-party vendor so that it can focus on its core competencies of production and product development.

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Based on the question, the amount of the free cash flow is $29,600.

Free cash flow is the measure of the financial health of a company.

It shows the amount of cash that the company has available after accounting for all of its expenses.

The formula for free cash flow is:

Free Cash Flow = Net Income + Depreciation Expense + Interest Expense - Taxes - Net Working Capital - Net Capital Spending

Now, let's plug in the values given in the problem:

Net Income = $42,500

Depreciation Expense = $1,800

Interest Expense = $900

Taxes = $1,600

Additions to Net Working Capital = $2,300

Net Capital Spending = $11,700

Free Cash Flow = $42,500 + $1,800 + $900 - $1,600 - $2,300 - $11,700= $29,600

Therefore, the amount of the free cash flow is $29,600.

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Productive efficiency is achieved when firms produce goods and services at the lowest cost.

Productive efficiency is an economic condition in which the economy generates the most goods and services possible. It implies the economy's efficiency in resource use, which helps to achieve the maximum amount of output from a minimum amount of input.

Productive efficiency is achieved when goods and services are produced at the lowest cost possible.

Goods and services refer to what people consume or use to satisfy their wants and needs. They can be physical goods or intangible services that are marketed and sold to consumers, businesses, or other organizations.

Productive efficiency is achieved when firms produce goods and services at the lowest cost. This implies that resources are used efficiently to produce goods and services at the lowest cost possible.

When the cost of producing goods and services is low, businesses can reduce the prices of their products, which will ultimately benefit the consumers. In addition, producing goods and services at the lowest cost will increase a firm's profits margin, which will encourage more investment and expansion of the business.

Summary Productive efficiency is achieved when firms produce goods and services at the lowest cost. This means that resources are being utilized efficiently and the economy is generating the highest amount of output possible.

Producing goods and services at the lowest cost will ultimately benefit the consumers as prices will be lowered.

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The balance in the accounts receivable account decreased from $18,000 at the beginning of the month to $15,000 at the end of the month. Sales on account during the month totaled $130,000. No accounts receivable were written off as uncollectible during the month. The cash collections of accounts receivable during the month totaled $113,000.

The firm received $113,000 in cash collections of accounts receivable during the month.

Solution:

The balance in the accounts receivable account decreased from $18,000 at the beginning of the month to $15,000 at the end of the month.Sales on account during the month totaled $130,000. No accounts receivable were written off as uncollectible during the month.

So, the firm's account receivable would be the opening balance and sales on credit minus any uncollectible debts.

Accounts Receivable at the Beginning of the Month = $18,000Sales on Account = $130,000

The total cash collection of accounts receivable during the month will be:

Cash collections of accounts receivable during the month = $113,000.

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A higher price and a smaller quantity supplied is the result in the market for leather belts when the price of chicken increases significantly.

This is because beef and leather belts are complements in production. When the price of chicken increases, it increases the production cost for leather belts, which leads to a higher price for leather belts and less quantity supplied to the market.

In economics, the law of demand states that when the price of a good increases, its demand decreases, resulting in a lower quantity supplied in the market.

Complements in production can be thought of as substitutes in demand; when the price of one good increases, it affects the demand for its complementary good as well, which results in a higher price and a lower quantity supplied of the complementary good.

Therefore, when the price of chicken increases, the market for leather belts will experience a higher price and a smaller quantity supplied.

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As a sales representative, I need the ability to take ownership of a new lead and document the progress so that I can provide consistent insight to my pipeline. The three acceptance criteria that are best suited for the user story include the ability to claim new leads, documenting the progress, and a clear and easy-to-use interface.

Ability to claim new leads: The user story requirement of taking ownership of a new lead should have the acceptance criteria of the sales representative being able to claim the new leads easily. Documenting the progress: Another acceptance criteria for the user story requirement should be documenting the progress of the new leads. This helps the sales representative provide consistent insight into their pipeline.A clear and easy-to-use interface: A third acceptance criteria should be the user interface of the lead documentation being user-friendly, clear, and easy to use. A clean interface helps the sales representative use the user story effectively to provide consistent insight into their pipeline.

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The three acceptance criteria that are best suited for the user story example "as a sales representative, i need the ability to take ownership of a new lead and document the progress so that i can provide consistent insight to my pipeline" are as follows:

1. Content loaded as a sales representativeIn order to take ownership of a new lead and document the progress, it is essential to have the proper content loaded. This can include relevant information about the lead, their interests, and any previous interactions with your company.

2. The progress so that I can provide consistent insight to my pipeline To provide consistent insight to your pipeline, it is important to document the progress of your leads. This includes any meetings or calls that have taken place, as well as any follow-up actions that need to be taken.

3. Acceptance criteria are best suited for the user story example Acceptance criteria are best suited for the user story example because they help to define what constitutes success. This can include a certain number of calls or meetings, a specific timeline for follow-up, or other metrics that can be used to measure progress.

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Yes, laggards are the last to adopt a new product and usually distrust new products. Laggards are typically the most conservative consumers and are usually the least likely to accept or embrace change.

Laggards is a term used to describe individuals or groups that are slow to adopt new technologies, ideas, or behaviors. In the context of innovation and adoption, laggards are often the last group to embrace new technologies or ideas, following the early adopters, early majority, late majority, and finally the laggards.

Laggards may resist change due to various factors such as skepticism, fear of the unknown, lack of resources or skills, or simply being content with the status quo. However, laggards can eventually adopt new technologies or ideas once they become mainstream or necessary for survival.

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In cause marketing, when visitors click a link on the affiliates web page, a donation is made by a Sponsoring company. Option B is the correct answer.

Cause marketing entails working together for a common goal between a for-profit company and a nonprofit group. Campaigns for social good run by for-profit companies are frequently referred to as cause marketing. Corporate sponsorship financing may be advantageous for both the company providing the financial support and the nonprofit group receiving the donation due to the consequent favorable relationship. Option B is the correct answer.

Generally, a brand's affiliation with a nonprofit will increase their level of CSR. In return for their moral contributions to the partnership, the nonprofit raises awareness of their cause. In order to associate your company name to the cause, sponsorship is a kind of cause marketing that entails making a donation to a cause or event in exchange for public acknowledgement of your support. Option B is the correct answer.

The complete question is, "In cause marketing, when visitors click a link on the affiliate's Web page, a donation is made by a(n) ______ company.

a. advertising

b. sponsoring

c. marketing

d. non-for-profit"

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Material benefit is indicated, when you've joined an interest group primarily for the discount card members get for traveling.

According to question, the reason for participation in an interest group primarily for the discount card, shows material benefits.

Hence, the answer is option C. Material.

A material benefit refers to something that can be measured in terms of money or physical assets. These include discounts, cash backs, or physical incentives.

If you joined an interest group because you hoped to get discounts from travelling, then you hoped to get the material benefit or having to spend less money when you travel, which can be measured in monetary terms.

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The Conglomeration of non-healthcare Fortune 500 companies that defined quality measurements to allow consumers to compare hospitals is Leapfrog Group.

The Leapfrog Group is a non-profit organization that has emerged as a significant voice in the healthcare reform debate in the United States. The organization's aim is to improve the quality of healthcare for consumers and purchasers by promoting transparency, protection, and incentives for better performance.

Therefore, a patient planning to have a surgical procedure but is concerned about poor patient care quality at the local hospital, and performed a quality check and comparison of several hospitals can refer to Leapfrog Group to measure the quality of healthcare at each hospital. Leapfrog has set standards for hospital care, and hospitals can take Leapfrog's surveys to rate their performance.

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When the US dollar appreciates relative to foreign currency, the likely result for the US company that has branches abroad is that the revenue generated by the branches abroad will decrease due to the currency exchange rate.What is currency exchange rate?A currency exchange rate is the amount of one country's currency that must be exchanged for the currency of another country to purchase one unit of the other currency.

A currency exchange rate between two countries' currencies determines the amount of one country's currency that must be exchanged for a unit of another country's currency. The currency exchange rate determines the value of the currency in the international market.Explanation:When the US dollar appreciates, it becomes stronger compared to other currencies. As a result, companies that have branches abroad will see their profits decrease. The revenue generated by these branches abroad will be worth less when converted into US dollars.In other words, if a US-based company has a subsidiary in Europe that generates revenue in euros, when the US dollar appreciates, the value of those euros decreases when converted back into US dollars. This, in turn, decreases the company's revenue and profits.When the US dollar appreciates, the US company that has branches abroad will also face more intense competition from foreign companies in the international market. This is because the goods and services offered by US companies become more expensive relative to those offered by foreign companies. This can lead to a decrease in market share and profitability for US companies operating abroad.

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The firm should produce 6 units to maximize profit at a market price of $8.

To determine the profit-maximizing level of output, we need to calculate the marginal cost and marginal revenue at each level of output, and then compare them to find the level of output where marginal revenue equals marginal cost.

From the table, we can calculate the firm's total cost and average cost at each level of output. We can also calculate the firm's total revenue, which is equal to the market price multiplied by the level of output.

Using this information, we can calculate the marginal cost and marginal revenue as follows:

Marginal cost = change in total cost / change in quantity

Marginal revenue = change in total revenue / change in quantity

We can then compare the marginal cost and marginal revenue at each level of output to determine the profit-maximizing level of output. At an output of 6 units, marginal cost is equal to marginal revenue, which means that the firm should produce 6 units to maximize profit.

At an output of 5 units, marginal cost is $7 and marginal revenue is $8, which means that the firm can increase profit by producing one more unit. At an output of 7 units, marginal cost is $9 and marginal revenue is $8, which means that the firm can increase profit by reducing output. Therefore, the profit-maximizing level of output is 6 units.

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The arbitrage-free price of a 3-month European put option with a strike price of $19 can be computed by using the replication argument. Since there is no arbitrage opportunity present, the price of the option must equal the cost of the replicating portfolio.

The replicating portfolio consists of borrowing the strike price at the risk-free rate and investing the proceeds in the stock. Thus, the replicating portfolio consists of borrowing $19 at the 4% per annum risk-free rate (0.04/4), and investing the proceeds in the stock at the current price of $20.

At the end of the 3 months, the value of the replicating portfolio will either be $2 if the stock price rises to $22, or -$1 if the stock price falls to $18. Hence, the price of the put option must be $1 in order to replicate the above payoff.

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