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Author Question: As compared to the basic Nash-Cournot equilibrium for duopolists where the firms face the same ... (Read 149 times)

cmoore54

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on: Jul 1, 2018
As compared to the basic Nash-Cournot equilibrium for duopolists where the firms face the same market demand curve and have identical costs, in the situation where the firms produce products which are viewed by consumers as not being identical,
 
  A) there will generally be different prices charged by the two firms.
  B) there will generally be different quantities produced by the two firms.
  C) one or both of the firms may practice spurious differentiation.
  D) All of the above.

Question 2

A firm uses labor and capital in its production process, and it faces competitive markets for its inputs and output. The firm's long-run labor demand curve
 
  A) intersects with the short-run labor demand curve in several points.
  B) is exactly identical to its short-run labor demand curve.
  C) is steeper than its short-run labor demand curve.
  D) is flatter than its short-run labor demand curve.
Microeconomics ¦ Perloff ¦ 8th Edition
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Hikerman221

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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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cmoore54

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

rleezy04

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Reply 3 on: Yesterday
Excellent

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