Mathematics, 25.10.2019 21:43, zabomoxx5ll
The inverse-demand curve for oil in the middle east is given by p = 20 – q, where q is measure in barrels and p is measured in usd. saudi arabia can produce barrels of oil for a constant marginal cost of $1, while iran can produce barrels of oil for a constant marginal cost of $3. solve for the unique nash equilibrium in the middle eastern oil market assuming that iran chooses its production quantity before saudi arabia chooses its production quantity. compare this to the simultaneous move duopoly (cournot).
Answers: 3
Mathematics, 21.06.2019 16:10, GgRed
Abox contains 1 plain pencil and 4 pens. a second box contains 5 color pencils and 5 crayons. one item from each box is chosen at random. what is the probability that a plain pencil from the first box and a color pencil from the second box are selected? write your answer as a fraction in simplest form.
Answers: 1
Mathematics, 21.06.2019 17:00, aminamuhammad11
Suppose i flip two identical coins. what is the probability that i get one head and one tail?
Answers: 2
The inverse-demand curve for oil in the middle east is given by p = 20 – q, where q is measure in ba...
Mathematics, 02.08.2019 05:10