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 430 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?

Medication errors are three times higher among children and infants than with adults.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

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-to-face communication is the richest channel to relay a message from the sender to a receiver. Face-to-face communication is the richest channel to relay a message from the sender to a receiver.
Apply forearm to the deep fascia of the back. Stand to one side of the face cradle; use the proximal ... Apply forearm to the deep fascia of the back. Stand to one side of the face cradle; use the proximal ...
Face cradle adjustment for comfort of receiver. Face cradle adjustment for comfort of receiver.
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: Lipid absorption - end products & transport mechanism

For a complete list of videos, visit our video library