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Author Question: If a firm's marginal costs ________, then ________. (Read 173 times)

dalyningkenk

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on: Mar 14, 2021

Question 1

If a firm is selling a quantity that is NOT on its best-response curve, it
◦ will go out of business.
◦ is in a Nash equilibrium.
◦ will want to change its behavior.
◦ is operating in a duopoly.

Question 2

If a firm's marginal costs ________, then ________.
◦ fall; its best-response curve shifts
◦ rise; it is forced out of the oligopoly
◦ rise; its output increases
◦ fall; its price falls
Managerial Economics and Strategy ¦ Perloff, Brander ¦ 3rd Edition
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Marked as best answer by dalyningkenk on Mar 14, 2021

annierak

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Reply #1 on: Mar 14, 2021
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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dalyningkenk

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Reply 2 on: Mar 14, 2021
Great answer, keep it coming :)

scikid

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

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