Business, 31.10.2020 09:10, dsteele3642

Tions of Bertrand's duopoly mole? ( 2 pt.) 5. What are Cartels? (1 pt.)
IV. Work out questions (4 marks)
Suppose that the demand function facing two duopolistic under Cournot's model is
Q = 250-10/25p, where Q = Qi+Q2
and the cost function are
Cl = 10 Q, and C2 = 20Q2
Then
a) Derive the reaction function of each dupoplist.
b) Determine the price and output of each firm
c) Calculate the profit level of each firm
d) Show graphically the cournots stable equilibrium point!

Answers: 2

Show answers

Other questions on the subject: Business

Business, 22.06.2019 05:30, 2023greenlanden

The hartman family is saving $400 monthly for ronald's college education. the family anticipates they will need to contribute $20,000 towards his first year of college, which is in 4 years .which best explain s whether the family will have enough money in 4 years ?

Answers: 1

continue

Business, 22.06.2019 10:30, abigail251

Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countries have no influence on the financial status of individuals. ( t or f)

Answers: 1

continue

Business, 22.06.2019 10:40, Yskdl

Why do you think the compensation plans differ at the two firms? in particular, why do you think kaufmann’s pays commissions to salespeople, while parkleigh does not? why does parkleigh offer employees discounts on purchases, while kaufmann’s does not?

Answers: 3

continue

Business, 22.06.2019 11:20, johnlecona210

Security a has a higher standard deviation of returns than security b. we would expect that: (i) security a would have a risk premium equal to security b. (ii) the likely range of returns for security a in any given year would be higher than the likely range of returns for security b. (iii) the sharpe ratio of a will be higher than the sharpe ratio of b. (a) i only (b) i and ii only (c) ii and iii only (d) i, ii and iii

Answers: 1

continue

Do you know the correct answer?

Tions of Bertrand's duopoly mole? ( 2 pt.) 5. What are Cartels? (1 pt.)
IV. Work out questions...