Find the reaction function and how much does firm produce

Assignment Help Microeconomics

Reference no: EM13124000

Firms that compete with each other Cournot game with identical cost function MC=0 and the inverse demand p(y)=100 - Y where Y=y1+y2+y3

A) Find the reaction function

B)How much does each firm produce

C) compute CS ,PS and the deadweight loss

D)if firm 1 and 2 leaders and 3 follower (Stackelberg),

What are the quantity choices for all three firms?

Reference no: EM13124000

Questions Cloud

Should navinow account for the contingent payments promised : NaviNow Company agrees $20 million in cash to the four former owners of TrafficEye for all of its assets and liabilities. These four owners of TrafficEye developed and patented a technology for real-time monitoring of traffic patterns on the natio..

Determining statement in linear algebra : Let ubar and vbar be nonzero vectors in 2 or 3 space and let k=||u|| and m=||v||. Show that the vector Wbar=mubar +kvbar bisects the angle between ubar and vbar.

Determine the mass of ethyl butanoate produced : C2H5OH(l) + C3H7COOH(l) C3H7COOC2H5(l) + H2O(l) Determine the mass of ethyl butanoate produced if 3.30 mol of ethanol is used.

How many standard deviations it exceed average score : The scores on a scholastic achievement test were normally distributed with mean 520 and standard deviation 94. (a) If your score was 700, by how many standard deviations did it exceed the average score?

Find the reaction function and how much does firm produce : Compute CS ,PS and the deadweight lossD)if firm 1 and 2 leaders and 3 follower (Stackelberg),What are the quantity choices for all three firms?

Current year tax return : Kendra is a self-employed taxpayer working exclusively from her home office. Before the home office deduction, Kendra has $5,000 of net income. Her allocable home expenses are $10,000 in total. How are the home office expenses treated on her curre..

Determining system of linear equations : Without graphing, can you use the slope to determine whether there is a solution for a system of two linear equations in two unknowns? How?

Fit the regression to predict cost per load : Using test data on 20 types of laundry detergent, an analyst fitted a regression to predict CostPerLoad (average cost per load in cents per load) using binary predictors.

Graphical solution of linear equations : For solving a system of equations, is there a difference between using an algebraic method and using the graphical method? Explain why or why not

User Account

All Pages