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Author Question: The outcome of the Stackelberg model is A) a Nash equilibrium. B) the same as the Cournot ... (Read 31 times)

imowrer

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on: Jul 1, 2018
The outcome of the Stackelberg model is
 
  A) a Nash equilibrium.
  B) the same as the Cournot outcome.
  C) that the follower earns zero profit.
  D) that the follower cannot be on its best-response curve.

Question 2

How does a competitive firm's demand for labor react to a specific tax on each unit of output it sells?
 
  What will be an ideal response?
Microeconomics ¦ Perloff ¦ 8th Edition
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mohan

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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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imowrer

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

xoxo123

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

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