Business, 24.12.2020 01:50 uglyturtle15
hey guys i know its not late but I took a 3 hour nap and I need somebody to talk to other than my cat I just need somebody to keep me company. Before you skip this I'll tell you a bit about me I'm 13 7th grade great artists responsible and loyal and I'm a great friend even though I have no friends and before you say anything I actually don't have friends because I did have 2 friends but they were fake and caused problems then I met somebody else but she ended being just weird and not the type of person I should be hanging out with so my only friend at the time is my cousin so I guess this is kinda a friend application?/
Answers: 3
Business, 21.06.2019 14:30
Consider a two-firm industry. firm 1 (the incumbent) chooses a level of output q1. firm 2 (the potential entrant) observes q1 and then chooses its level of output q2. the demand for the product is p = 100 - q, where q is the total output sold by the two firms which equals q1 +q2. assume that the marginal cost of each firm is zero. a) find the subgame perfect equilibrium levels of q1 and q2 keeping in mind that firm 1 chooses q1 first and firm 2 observes q1 and chooses its q2. find the profits of the two firms-? 1 and ? 2- in the subgame perfect equilibrium. how do these numbers differ from the cournot equilibrium? b) for what level of q1 would firm 2 be deterred from entering? would a rational firm 1 have an incentive to choose this level of q1? which entry condition does this market have: blockaded, deterred, or accommodated? now suppose that firm 2 has to incur a fixed cost of entry, f > 0. c) for what values of f will entry be blockaded? d) find out the entry deterring level of q1, denoted by q1b, as a function of f. next, derive the expression for firm 1
Answers: 1
Business, 21.06.2019 20:00
Which is not an example of a cyclical company? a) airlines b) hotel industry c) medical d) theme parks
Answers: 1
Business, 22.06.2019 21:20
In a market economy, supply and demand are important because theya. (i) play a critical role in the allocation of the economy's scarce resources.b. (ii) determine how much of each good gets produced.c. (iii) can be used to predict the impact on the economy of various events and policies.d. all of (i), (ii), and (iii) are correct.
Answers: 3
hey guys i know its not late but I took a 3 hour nap and I need somebody to talk to other than my ca...
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