This topic contains a solution. Click here to go to the answer

Author Question: The Cournot equilibrium can be found by treating ________ as a pair of simultaneous equations and by ... (Read 64 times)

EY67

  • Hero Member
  • *****
  • Posts: 531
The Cournot equilibrium can be found by treating ________ as a pair of simultaneous equations and by finding the combination of Q1 and Q2 that satisfy both equations.
 
  A) the reaction curves for firms 1 and 2
  B) the market supply curve and the market demand curve
  C) the contract curve and the market demand curve
  D) the contract curve and the market supply curve
  E) the firm's supply curve and the firm's demand curve

Question 2

The local cable TV company charges a hook-up fee of 30 per month. Customers can then watch programs on a pay-per-view basis (a fee is charged for every program watched). This is an example of
 
  A) peak-load pricing.
  B) second-degree price discrimination.
  C) a two-part tariff.
  D) intertemporal price discrimination.
  E) none of the above



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

at

  • Sr. Member
  • ****
  • Posts: 359
Answer to Question 1

A

Answer to Question 2

C




EY67

  • Member
  • Posts: 531
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it


ricroger

  • Member
  • Posts: 352
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

For a complete list of videos, visit our video library