When studying abroad last year, Blake found that his U. S. dollars did not stretch as far as he had hoped. Each time he exchanged U. S. dollars for euros, he gave up more U. S. dollars in exchange for less euros. The exchange rate indicates:.
a. the dollar has gained strength against the euro.
b. the euro is weak against the U. S. dollar.
c. the euro has gained strength against the dollar.
d. the demand for dollars is stronger than the demand for euros.

According to this excerpt, a key part of our national security strategy is

With the slowdown of business, how can starbucks ensure that the importance of leadership development does not get overlooked?

1. consider a two-firm industry. firm 1 (the incumbent) chooses a level of output qı. firm 2 (the potential entrant) observes qı 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 qi +q2. assume that the marginal cost of each firm is zero. a) find the subgame perfect equilibrium levels of qi and q2 keeping in mind that firm 1 chooses qi first and firm 2 observes qi and chooses its q2. find the profits of the two firms-n1 and t2- in the subgame perfect equilibrium. how do these numbers differ from the cournot equilibrium? b) for what level of qi would firm 2 be deterred from entering? would a rational firm 1 have an incentive to choose this level of qi? 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 q, denoted by q1', a expression for firm l's profit, when entry is deterred, as a function of f. for what values of f would firm 1 use an entry deterring strategy?