Business

Business, 08.08.2019 22:20, egaitapierreval

Petra's programming competes on cost with wonderweb in the web design industry. both firms operate on a 90 percent learning curve, and neither firm is capable of increasing its cumulative output any further. how might petra's programming achieve a cost leadership position while maintaining customer satisfaction?

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Business, 25.06.2019 05:40, drewje12

Petra's programming competes on cost with wonderweb in the web design industry. both firms operate on a 90 percent learning curve, and neither firm is capable of increasing its cumulative output any further. how might petra's programming achieve a cost leadership position while maintaining customer satisfaction?

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Business, 27.06.2019 22:10, alexj29227405

Suppose that a perfectly competitive industry is in long-run equilibrium. every firm is producing at minimum average total cost, and all firms are identical. demand in this industry decreases. which of the following will not occur in the short run? firms will exit the industry. the price will fall. firms will produce less. profits will be negative. the industry will produce less. which of the following will occur in the long run? the price will stay below the original price. existing firms will produce less. the long run supply curve will shift. firms will exit the industry. industry quantity will not change.

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Business, 06.08.2019 18:10, rebekahhenton

Forey, inc., competes against many other firms in a highly competitive industry. over the last decade, several firms have entered this industry and, as a consequence, forey is earning a return on investment that roughly equals the interest rate. furthermore, the four-firm concentration ratio and the herfindahl-hirschman index are both quite small, but the rothschild index is significantly greater than zero. based on this information, which market structure best characterizes the industry in which forey competes

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Business, 22.10.2019 19:00, star6097

Imagine a market setting with three firms. firms 2 and 3 are already operating as monopolists in two different industries (they are not competitors). firm 1 must decide whether to enter firm 2's industry and compete with firm 2, or enter firm 3's industry and thus compete with firm 3. production in firm 2's industry occurs at zero cost, while the cost of production in firm 3's industry is 2 per unit. demand in firm 2's industry is given by p = 9 – q, while demand in firm 3's industry is given by p' = 14 – q', where p and q denote price and total quantity in firm 2's industry and p' and q' denote price and total quantity in firm 3's industry.the firms interact as follows. first, firm 1 chooses between e2 and e3, where e2 means "enter firm 2's industry" and e3 means "enter firm 3's industry." this choice is observed by firms 2 and 3. then, if firm 1 chose e2, firms 1 and 2 compete as cournot duopolists, where they select quantities q1 and q2. in this case, firm 3 automatically gets the monopoly profit of 36 in its own industry. on the other hand, if firm 1 chose e3, then firms 1 and 3 compete as cournot duopolists, where they select quantities q1' and q3'. in this case, firm 2 automatically gets the monopoly profit of 20¼ in its own industry.part a draw the game tree.part b calculate the subgame-perfect nash equilibrium of this game and report the subgame-perfect equilibrium quantities. in the equilibrium, does firm 1 enter firm 2's industry or firm 3's industry?

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