User Account

All Pages

Find the nash equilibrium prices

Assignment Help Microeconomics
Reference no: EM133313978

Price competition with differentiated reduction suppose the demand for coke and pepsi in a small city are given by Qcoke=50-50pcoke+D(Ppepsi-Pcoke), Qpepsi=50-50ppepsi+D(Pcoke-Ppepsi)

Assuming D=100 and MC = 0.20$ per can for both firms and they chose their price simultaneously, find the nash equilibrium prices.

Plot both coke and pepsi best response function in one graph.

What is the economic meaning of D. explain how is the equilibrium price of coke affected when D increases.

Reference no: EM133313978

Questions Cloud

Game show deal or no deal : When choosing between "Deal" and "No Deal," Shalini will choose "Deal." Shalini's risk premium for the gamble associated with "No Deal" is $62,500.
Explain why these are considered mammals : In a paragraph explain why these are considered mammals and give a possible explanation why they are not more egg-laying mammals
Discuss the relevance of the theory in criminology : Address the origin of the theory. Discuss the relevance of the theory in criminology. Applying the theory to the criminal act.
Compare and contrast utilitarian and social contractarian : Compare and contrast utilitarian and social contractarian approaches to the issue of crash-optimization technology in autonomous vehicles
Find the nash equilibrium prices : Assuming D=100 and MC = 0.20$ per can for both firms and they chose their price simultaneously, find the nash equilibrium prices.
Why did this juvenile become addicted to drug : Why did this juvenile become addicted to drugs? Did he or she ever seem to be in control of the drug use?
What is social contractarian approaches to determine outcome : Using quotes from Hobbes' Leviathan or Rawls' A Theory of Justice, what is the social contractarian approaches to determine the best outcome?
Describe your view of the human impact : Describe your view of the human impact on Earths surface - In the learning resources, you learned about many interactions between humans and their impact
Calculate the new equilibrium price and quantity : Calculate the new equilibrium price and quantity. Calculate the total willingness to pay off the domestic consumer and the domestic producer surplus.

Reviews

Write a Review

Microeconomics Questions & Answers

  Create a presentation for an organizational employee meeting

For this course, you will assume the role of a manager or legal advisor and create a PowerPoint presentation for an organizational employee meeting.

  What is the economic production quantity

Race One Motors is an Indonesian car manufacturer. At its largest manufacturing facility, in Jakarta, the company produces subcomponents at a rate of 290.

  Define single amount equivalence factors

How much invested now at 8% would be just enough to provide for four lump sum payments of S6000 at 5. 10. 15. and 20 years?

  How is total factor productivity measured

Define Total Factor Productivity. How is Total Factor Productivity measured? How does Total Factor Productivity relate to long-term ecnomic growth?

  Is intel a monopoly in the chip market

Antitrust Inquiry Launched into Intel Intel, the world's largest chipmaker, holds 80 percent of the microprocessor market. Advanced Micro Devices complains.

  Show graphically what happens to the output mix in israel

There is an increase in the labor endowment of a country due to migration. Think about the huge influx from Russian Jews into Israel after the end of the Cold.

  What are the main characteristics of born global firms

What are the main characteristics of born global firms? What drivers and causes of globalization have allowed born global firms.

  Identify a small mvp version of your product

Identify a small MVP version of your product/service that will allow you to test if people actually want what you will be offering

  Who are the demanders and who are the suppliers

(C a s e S tudy: The Market for Professional Basketball) In what sense can we speak of a market for professional basketball? Who are the demanders and who are the suppliers? What are some examples of how changes in supply or demand conditions have..

  Draw the demand and marginal cost curves

The market for qbits is initially competitive and the market demand is: P = 400 - 0.4Qd. The combined marginal costs of the firms in the qbit industry are: MC = 50 + 0.6Q. Draw the demand and marginal cost curves. Compute and show how much these firm..

  Write down the consumers maximization problem

Her utility function is U = min {2C, 3S}. The price of C is $4, and the price of S is $6. Diana has a budget of $12.

  Solve for equilibrium level of investment

Solve for equilibrium output when the interest rate is i. Assume c1 + b1

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