If the firms in a Cournot duopoly merge forming a​ monopoly, the effect on​ price, profit, and other variables depends on the​ trade-off between efficiency and market power. The firms produce identical products. Firm 1 has a constant marginal cost of ​3$​, and Firm 2 has a constant marginal cost of 6​$. The market demand is Qp =45-p

The​ Cournot-Nash equilibrium occurs where q1 equals and q2 equals. ​

The framers of the us constitution created a system of government that established branches of government set forth the powers of such a branches and placed limits on those powers what are the benefits of such a system? are there any problems associated with such a system?

Anational survey asked people, "how often do you eat out for dinner, instead of at home? " the frequencies were as follows.

Bruce matthews played football for the tennessee titans. as part of his contract, he agreed to submit any dispute to arbitra- tion. he also agreed that tennessee law would determine all matters related to workers' compensation. after matthews retired, he filed a workers' compensation claim in california. the arbitrator ruled that matthews could pursue his claim in california but only under tennessee law. should this award be set aside?