This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Consider a monopolist facing a linear (inverse) demand curve given by: p = a - bQ Show with ... (Read 13 times)

imanialler

  • Hero Member
  • *****
  • Posts: 539
on: Jul 1, 2018
Consider a monopolist facing a linear (inverse) demand curve given by:
 
  p = a - bQ
  Show with calculus that the marginal revenue in fact has the same price-axis intercept but twice the slope as the inverse demand curve above.

Question 2

A an example of a game in which a leader moves first, and then the other rivals follow is a ________ game.
 
  A) Stackelberg model
  B) Cournot model
  C) finite move
  D) tit-for-tat


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Brummell1998

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jul 1, 2018
Answer to Question 1

Total Revenue = (a - bQ)Q. MR = dTR/dQ = a - 2bQ.

Answer to Question 2

A


imanialler

  • Member
  • Posts: 539
Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

patma1981

  • Member
  • Posts: 292
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

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?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

A lilac, orange and white Satin Peruvian guinea pig (show-length coat) A lilac, orange and white Satin Peruvian guinea pig (show-length coat)
A microsatellite locus can show linkage to a disease gene A microsatellite locus can show linkage to a disease gene
How to solve a linear algebraic bank interest problem with two unknowns How to solve a linear algebraic bank interest problem with two unknowns
How to set up and solve linear models (Question 4) How to set up and solve linear models (Question 4)
Linear lesions Linear lesions
Derivative of Inverse Trig Function Derivative of Inverse Trig Function
Video: Helper T cell receptors, activation, proliferation, differentiation & action

For a complete list of videos, visit our video library