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Author Question: The above figure shows the reaction functions for two pizza shops in a small isolated town. The ... (Read 541 times)

penguins

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on: Jun 18, 2019


The above figure shows the reaction functions for two pizza shops in a small isolated town. The Cournot equilibrium is at point
◦ a.
◦ b.
◦ c.
◦ d.
Microeconomics ¦ Perloff ¦ 8th Edition
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Marked as best answer by penguins on Jun 18, 2019

janeli

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Reply #1 on: Jun 18, 2019
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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penguins

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Reply #2 on: Jun 18, 2019
TY


janeli

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Reply #3 on: Jun 18, 2019
You're welcome


crobinson2013

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Reply #4 on: Jun 18, 2019


The above figure shows the reaction functions for two pizza shops in a small isolated town. Collusion would result in
◦ firm A monopolizing the market by selling 50 pizzas.
◦ each firm producing 40 pizzas.
◦ each firm producing 25 pizzas.
◦ the firms splitting the production of 100 making 50 pizzas each.


xiazhe

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Reply #5 on: Jun 18, 2019
the firms splitting the production of 100 making 50 pizzas each.


mcmcdaniel

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Reply #6 on: Jun 18, 2019


The above figure shows the reaction functions for two pizza shops in a small isolated town. The perfect competitive outcome is that
◦ the firms split the production of 200 pizzas.
◦ each firm produces 50 pizzas.
◦ each firm produces 200 pizzas.
◦ each firm produces 40 pizzas.


trampas

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Reply #7 on: Jun 18, 2019
the firms split the production of 200 pizzas.


mcmcdaniel

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Reply #8 on: Jun 18, 2019
Excellent


trampas

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Reply #9 on: Jun 18, 2019
Great! Please up vote :D


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