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Author Question: Suppose the demand for pizza in a small isolated town is p = 10 - Q. There are only two firms, A and ... (Read 168 times)

ARLKQ

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on: Jul 1, 2018
Suppose the demand for pizza in a small isolated town is p = 10 - Q. There are only two firms, A and B, and each has a cost function TC = 2 + Q. Compare the firms' profits if they behave as Cournot duopolists with their profits if they form a cartel and share the market.
 
  What will be an ideal response?

Question 2

A union's success in raising the wage depends on
 
  A) the elasticity of demand it faces.
  B) members' ability to act collectively.
  C) the share of the labor market that is unionized.
  D) All of the above.
Microeconomics ¦ Perloff ¦ 8th Edition
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lkoler

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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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ARLKQ

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Reply 2 on: Jul 1, 2018
:D TYSM

xiazhe

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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