Mathematics
Mathematics, 17.10.2019 16:30, miriamnelson7545

If a firm faces while the prices for the output the firm produces remain unchanged, a firm’s profits will increase.

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Business, 22.07.2019 20:30, Lewis5442
Consider a homogeneous-product duopoly where each firm initially produces at a constant marginal cost of $200 and there are no fixed costs. determine what would happen to each firm’s equilibrium output and profits if firm 2’s marginal cost increased to $210 but firm 1’s marginal cost remained constant at $200 in each of the following settings: a. cournot duopoly. firm 1's output and profits would increase. firm 2's output and profits would decrease. firm 2's output and profits would increase. firm 1's output and profits would decrease. there likely would be no change in output or profits. b. sweezy oligopoly. there likely would be no change in output or profits. firm 1's output and profits would increase. firm 2's output and profits would decrease. firm 2's output and profits would increase. firm 1's output and profits would decrease.
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Business, 07.10.2019 16:10, mathlady12
Suppose the equilibrium price in a perfectly competitive industry is $15 and a firm in the industry charges $21. which of the following will happen? a. the firm's revenue will increase. b. the firm will not sell any output. c. the firm's profits will increase. d. the firm will sell more output than its competitors.
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Business, 28.10.2019 18:31, lakaralake11
Suppose the equilibrium price in a perfectly competitive industry is $15 and a firm in the industry charges $21. which of the following will happen? the firm's profits will increase.the firm's revenue will increase.the firm will not sell any output.the firm will sell more output than its competitors.
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