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Author Question: Suppose duopolists face the market inverse demand curve P = 100 - Q, Q = q1 + q2, and both firms ... (Read 85 times)

rlane42

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on: Jul 1, 2018
Suppose duopolists face the market inverse demand curve P = 100 - Q, Q = q1 + q2, and both firms have a constant marginal cost of 10 and no fixed costs. If firm 1 is a Stackelberg leader and firm 2's best response function is , at the Nash-Stackelberg equilibrium firm 2's profit is
 
  A) 400.
  B) 650.
  C) 800.
  D) 1200.

Question 2

If an upstream monopoly and a downstream monopoly vertically integrate into a profit-maximizing monopoly, then the total amount of deadweight loss in the industry
 
  A) will increase.
  B) will decrease.
  C) will remain unchanged.
  D) cannot be determined.
Microeconomics ¦ Perloff ¦ 8th Edition
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heyhey123

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Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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rlane42

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

aruss1303

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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