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Author Question: Suppose two Cournot duopolist firms operate at zero marginal cost. The market demand is p = a - bQ. ... (Read 80 times)

Davideckstein7

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Suppose two Cournot duopolist firms operate at zero marginal cost. The market demand is p = a - bQ. Each firm will produce
 
  A) a/b.
  B) a/2b.
  C) a/3b.
  D) a/4b.

Question 2

The amount of labor a firm employs depends on
 
  A) the market wage.
  B) the market price for the good produced.
  C) Both A and B.
  D) None of the above.


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6ana001

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Davideckstein7

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Reply 2 on: Jul 1, 2018
Excellent


Zebsrer

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Reply 3 on: Yesterday
Gracias!

 

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