This topic contains a solution. Click here to go to the answer
« previous next »
Pages: 1 2  All   Go Down

Author Question: Suppose duopolists face the market inverse demand curve P = 100 - Q, Q = q1 + q2, and both firms ... (Read 472 times)

student77

  • Hero Member
  • *****
  • Posts: 567
on: Jun 18, 2019
Suppose duopolists face the market inverse demand curve P = 100 - Q, Q = q1 + q2, and both firms have a constant marginal cost of 10. If firm 1 is a Stackelberg leader and firm 2's best response function is , at the Nash-Stackelberg equilibrium firm 1's output is
◦ 60.
◦ 40.
◦ 70.
◦ 30.
Microeconomics ¦ Perloff ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by student77 on Jun 18, 2019

IAPPLET

  • Sr. Member
  • ****
  • Posts: 333
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.
Answer Preview
Only 50% of students answer this correctly


student77

  • Hero Member
  • *****
  • Posts: 567
Reply #2 on: Jun 18, 2019
Thank you!


IAPPLET

  • Sr. Member
  • ****
  • Posts: 333
Reply #3 on: Jun 18, 2019
Always glad to help...


shofmannx20

  • Hero Member
  • *****
  • Posts: 562
Reply #4 on: Jun 18, 2019
Suppose duopolists face the market inverse demand curve P = 100 - Q, Q = q1 + q2, and both firms have a constant marginal cost of 10. If firm 1 is a Stackelberg leader and firm 2's best response function is , at the Nash-Stackelberg equilibrium the prices the two firms charge are
◦ P1 = 40, P2 = 40.
◦ P1 = 30, P2 = 40.
◦ P1 = 40, P2 = 30.
◦ P1 = 30, P2 = 30.


swimkari

  • Sr. Member
  • ****
  • Posts: 332
Reply #5 on: Jun 18, 2019
P1 = 40, P2 = 40.


Capo

  • Hero Member
  • *****
  • Posts: 545
Reply #6 on: Jun 18, 2019
Suppose duopolists face the market inverse demand curve P = 100 - Q, Q = q1 + q2, and both firms have a constant marginal cost of 10 and no fixed costs. If firm 1 is a Stackelberg leader and firm 2's best response function is , at the Nash-Stackelberg equilibrium firm 1's profit is
◦ 400.
◦ 650.
◦ 1200.
◦ 800.


irishcancer18

  • Sr. Member
  • ****
  • Posts: 310
Reply #7 on: Jun 18, 2019
1200.


Capo

  • Hero Member
  • *****
  • Posts: 545
Reply #8 on: Jun 18, 2019
Excellent


irishcancer18

  • Sr. Member
  • ****
  • Posts: 310
Reply #9 on: Jun 18, 2019
Great! Please up vote :D


Pages: 1 2  All   Go Up
« previous next »
 

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Pronation and Supination Pronation–Lying prone (face downward); also turning the palm downward. Supi Pronation and Supination Pronation–Lying prone (face downward); also turning the palm downward. Supi
face muscles face muscles
Apply fascial mobilization in one direction using a palm. Stand to the side of the face cradle; ... Apply fascial mobilization in one direction using a palm. Stand to the side of the face cradle; ...
Oxygen-binding curve for myoglobin Oxygen-binding curve for myoglobin
How to integrate using inverse trigonometric substitution (Question 5) How to integrate using inverse trigonometric substitution (Question 5)
The introduction of a new generation of electric and hybrid cars will reduce the demand for oil The introduction of a new generation of electric and hybrid cars will reduce the demand for oil
Video: Wound Cultures

For a complete list of videos, visit our video library