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The market demand function for a pair of Cournot duopolists is given as Q = 12 -P, where Q = Q1 + Q2. Both firms have the same Total Cost function: Ci(Qi) = 18Qi for i=1,2.
a. Calculate the equilibrium quantities for both Cournot duopolists (and).
b. Calculate the equilibrium prices for both Cournot duopolists (and).
c. Calculate the profits for both Cournot duopolists profits (and).
A company has to make a choice between two alternatives. Alternative 1 has a cost of $250000, an annual benefit of $2500 and a life of 8 years. Alternative 2 has a $100000 cost , an annual benefit of $1750 and a life of 4 years. What is the IRR of th..
Casco Co. planned to produce and sell 40,000 units. At that volume level, variable costs are determined to be $320,000 and fixed costs are $30,000. The planned selling price is $10 per unit. Casco actually produced and sold 42,000 units.
Solow Growth Model and Chinese Population Growth: After many decades of rapid population growth, China adopted a "one child" per couple policy in 1980.
For the situational analysis you are encouraged to provide any visual presentation of data in your situational analysis and use the analysis tools from your textbook and other analysis tools you have used in your program.
What is the economic meaning of a recession? · A brief discussion of fiscal policies · A brief discussion of monetary policies.
Why would the combined measures be likely to have any impact on the person's consumption of cigarettes?
assuming that all other factors remain unchanged determine how a firms breakeven point is affected by each of the
Find the average cost (AC) function. At what level of output, q, is average cost at its lowest. Derive the individual firm's supply curve
What does this change show about how our understanding of the way the price system works to allocate resources has evolved? If "excess profits" are taxed away, where will oil companies get the money to fund new exploration and ..
Write a brief report describing what shift factors of supply and/or demand might be at work and how you would label those factors. Conclude the report with your forecast of what would likely result one month after the publication of the article.
What is the logic of arguing that it hurt debtors - Briefly list in your own words up to three arguments of Bernanke's for not using monetary policy to fight bubbles.
What is the Sharpe ratio on a portfolio of US Stocks and what is the lowest value for such that these numbers from the data are consistent with equation (2)?
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