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Author Question: If two firms playing Cournot are identical with decreasing average costs, how should the firms ... (Read 86 times)

Jipu 123

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If two firms playing Cournot are identical with decreasing average costs, how should the firms divide production to maximize joint profits?
 
  What will be an ideal response?

Question 2

For a competitive firm the marginal revenue product of labor is usually downward sloping.
 
  What will be an ideal response?


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Jordin Calloway

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Jipu 123

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Reply 2 on: Jul 1, 2018
:D TYSM


juliaf

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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