User Account

All Pages

Determine the output and price under a cournot equilibrium

Assignment Help Macroeconomics
Reference no: EM13331437

Consider a market for a homgeneous product with demand given by Q = 37.5 - .25P. There are two firms, each with a constant marginal cost equal to 40.

a. Determine the output and price under a cournot equilibrium.

b. Determine the output and price under a Bertrand equilibrium.

Reference no: EM13331437

Questions Cloud

Find the final speed of the composite mass : A 2.36 kg mass with an initial velocity of v1 = aˆi, where a = 5.75 m/s collides with, Find the final speed of the composite mass
Evaluate the correct volume of sulfuric acid : Calculate the correct volume of sulfuric acid which will need to be added to neutrallize the base. The chemical reaction involves Al(OH)3 and Fe2O3 reacting with KOH and H2SO4 with the end product being KAL(SO4)2*12H2O.
Compute the direction of the velocity of the stone : 0.150kg stone rests on a frictionless, horizontal surface. A bullet of mass 5.00g , traveling horizontally at 380m/s , Compute the direction of the velocity of the stone after it is struck
Prepare the return with commercial tax : What amounts will Joe and Guy report on their individual Form 1040's related to Sun & Fun's 2012 activities and prepare the return with commercial tax prep software
Determine the output and price under a cournot equilibrium : Consider a market for a homgeneous product with demand given by Q = 37.5 - .25P. There are two firms, each with a constant marginal cost equal to 40.
Avg anti-virus : AVG anti-Virus
How much work does she do : To develop muscle tone, a woman lifts a 4.00 kg mass held in her hand. She uses her biceps muscle to flex the lower arm through an angle of 60.0°. How much work does she do
What amounts has the supply of money changed : Assume that Johnson deposits $350 of currency in his account in the XYZ bank.  Later the same day Swanson negotiates a loan for $2000 at the same bank.  In what direction and by what amounts has the supply of money changed?
Explain why do you think the enthalpy of activation : Why do you think the enthalpy of activation, H ‡ , for a syn-periplanar elimination is higher than that for an anti-periplanar elimination

Reviews

Write a Review

Macroeconomics Questions & Answers

  Structural or cyclical unemployment scenario

For each of the given below statements, state whether the unemployment is structural or cyclical.

  Determine profit-maximizing amount of electricity to produce

The second largest public utility in the nation is the sole provider of electricity in 32 counties of southern Florida. To meet the monthly demand for electricity in these counties, which is given by the inverse demand function P = 1000 - 5Q.

  How the equilibrium quantity of pianos remained constant

show the market for pianos in 2008. Between 2008 and 2009, the equilibrium quantity of pianos remained constant, but the equilibrium price of pianos increased. From this, you can conclude that between 2008 and 2009, the supply of pianos

  What are the three categories into which the bureau of labor

What are the three categories into which the Bureau of Labor Statistics divides everyone? How does it compute the labor force, the unemployment rate, and the laborforce participation rate?

  Sally stanford is buying an automobile that costs

Sally Stanford is buying an automobile that costs $12,000. She will pay $2000 immediately and the remaining $10,000 in four annual end-of-year principal payments of $2500 each

  How many firms will there be in long run equilibrium

Suppose there are n identical firms in a market. each firm's cost function is given by C= 240+14q^2, where q is the amount that an individual firm produces. this means that an individual firm's marginal cost is given by MC = 30q. Also, the market ..

  Describe how these changes might impact stakeholder

Describe how these changes might impact stakeholder relationships your organization has with financial institutions.

  Equilibrium level of income for two sector economy

What is the value of APC at income level Z, at income level RM 2000, what is the value of APC

  Write a letter to the editor of your local paper

Write a letter to the editor of your local paper either supporting or criticizing the proposed $500,000 subsidy.

  What was the market model used in oligopoly

General Electric had some managerial changes due to patterns of change reflective of it production of Generators and Compressor & Motors. What was the market model used during that time, monopoly or oligopoly or another

  Explain the effects on the market for caviar

Caviar and champagne are complements. Recently, pollution has been a problem in the Volga River, where much of the world's caviar originates. The sturgeon that live in these waters are laying fewer eggs than before. Show graphically and explain..

  Atlantis will lose its patent protection and analysts

At the beginning of 2011, market analysts expect Atlantis Company, holder of a valuable patent, to earn the following stream of economic profits over the next five years. At the end of five years

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd