Consider a duopoly in which two firms produce different varieties of a differentiated product at constant average and marginal cost 4 per unit. let the equations of the inverse demand curves be
p1 = 700 - 7/5 (q1+ (6/7)q2)
p2 = 700 - 7/5 ((6/7)q1 + q2)
(both equations valid where the implied prices and quantities are nonnegative) (a) find nash equilibrium prices, quantities, and payoffs for a one-shot game if both firms set quantities. (b) find nash equilibrium prices, quantities, and payoffs for a one-shot game if both firms set prices. (c) compare equilibrium prices in (a) and (b). which type of competition (in quantities or in prices) has lower equilibrium prices? why? show the derivations of your answers.

According to the research in strategic human resources management,answers: firms that are able to use human resource practices to develop socially complex human and organizational resources are able to gain competitive advantage over firms that do not engage in these practices.firms that are able to use human resource practices to develop socially simplistic human and organizational resources are able to gain competitive advantage over firms that do not engage in these practices.firms that are able to use human resource practices to develop socially complex human and organizational resources gain little advantage over firms that do not engage in these practices.firms that are able to use human resource practices to develop socially complex human and organizational resources are at a competitive disadvantage when compared to firms that do not engage in these practices.

Last year ann arbor corp had $155,000 of assets, $305,000 of sales, $20,000 of net income, and a debt-to-total-assets ratio of 37.5%. the new cfo believes a new computer program will enable it to reduce costs and thus raise net income to $33,000. assets, sales, and the debt ratio would not be affected. by how much would the cost reduction improve the roe? a. 11.51%b. 12.11%c. 12.75%d. 13.42%e. 14.09%

What are the factors that affects on the process of planning