Suppose Cournot duopolist firms operate with each having a cost of 30qi (i = 1,2) so that each firm's marginal cost is 30. The market demand curve is P = 120 - Q where Q = q1 + q2. Suppose there were no barriers to entry and firms continued to enter so long as there were positive economic profits. At the Nash-Cournot equilibrium, the total output, Q, is

Winners of the georgia lotto drawing are given the choice of receiving the winning amount divided equally over 2121 years or as a lump-sum cash option amount. the cash option amount is determined by discounting the annual winning payment at 88% over 2121 years. this week the lottery is worth $1616 million to a single winner. what would the cash option payout be?

Arecession is defined as a period in which

If art has a 7/1 arm, how long will the fixed interest rate be applied to his loan?