User Account

All Pages

Profits without government intervention

Assignment Help Business Management
Reference no: EM131447662

An incumbent firm, Firm 1,faces  a potencial entrant, Firm2,that has a lower marginal cost.The market inverse demand function is p= 120 -Q1-Q2.Firm 1 has a constant marginal cost of $20,while firm 2 is $10 and they have no fixed cost.

  • What are the nash-cournot  equilibrium price, quantities,and profits without government intervention?
  • To block entry,the incumbent appeals to the government to require that the entrant incur extra costs. What happens to the nash cournot equilibrium if the legal requirement causes the marginal cost of the second firm to rise to that of the first firm,$20?

Reference no: EM131447662

Questions Cloud

Provide examples and details that explain this occurrence : Use the concepts of a shift in the demand curve versus a movement along the demand curve to explain why this increase in sales does not represent a violation of the law of demand. Provide examples and details that explain this occurrence.
Positionon of the las curve : Unfortunately you can't give him solid policy prescriptions based on that model because you do not know the positionon of the LAS curve. Explain why not knowing this creates a problem.
Identify the unifying theme in the article : Identify the unifying theme in the article. Does the theme pertain to economics and the reasoning for cutting costs, enhancing business operations, or increasing productive capacity using technology? How
What are postacute and subacute care : What are postacute and subacute care - What is postacute care and How and why did subacute care develop?
Profits without government intervention : What are the nash-cournot  equilibrium price, quantities,and profits without government intervention?
Evaluate the company external environment : Determine how to create value and sustain competitive advantage using the environmental scanning strategy. Evaluate the company's external environment. Assess the company's general environment
What does pricing say about your business : Why does price matter? If you sell 200 hamburgers for $1 each or call them gourmet and charge $10 each and only sell 20, what difference is there? What happens over time? What does pricing say about your business? Who is the customer and what eff..
Describe the effect of reporting bias on meta-analyses : Recently it was discussed that there is only one way to do research perfectly but many ways to do it wrong, especially when a research is done without consideration of bias affecting the study and the implications it may have on any outcomes and r..
What are the nonverbal signals : Presentations: Mastering Delivery; Nonverbal Communication: Analyzing Nonverbal Signals [LO-5], Chapter 2 Observe and analyze the delivery of a speaker in a school, work, or other setting.

Reviews

Write a Review

Business Management Questions & Answers

  Explain how can this information help you communicate

Explain your reasoning. Of all the articles you found on the Web site for the World Advertising Research Centre (WARC) at http://www.warc.com/, determine which was the most applicable. Explain your rationale. Explain how can this information help ..

  Reducing the price of health care

The focus in health care reform is cost control in light of annual double-digit inflation since the late 1990s and the consumption of nearly 17% of the gross domestic product (GDP) in 2009 (more than any other country in the world).

  Cultural intelligence paper

Write a minimum 1 page on what you would need to know and act based on doing business in another country as an employee representing your company and as a business visitor. What would you need to know?

  The variable cost of the jeans differs according to several

The Western Outfitter Store specifies in denim jeans. The variable cost of the jeans differs according to several factors including the cost of the jeans from the distributor

  Determining the discussion area assignments

As part of your grade for discussion area assignments, you are required to make a substantive initial post and a comment on at least one of your fellow classmate's posts. A substantive initial post should be 250-300 words in length, display an und..

  Diagram the organizational relationships in a small business

Report on any organizational problems that are apparent to you or that are recognized by the manager or others in the fim.

  Identify and clearly define the relevant law

Identify and clearly define the relevant law, either defining a legal doctrine, provisions of a law, or elements of a specific cause of action.

  Who had a very low acceptance of power and authority

What are the disadvantages of having an accommodative style of handling conflicts

  Are credit cards or debit cards money?

Are credit cards or debit cards money?

  Some organization seem to have a new ceo

Why do some organization seem to have a new CEO every year or two, whereas others have top leaders who stay with the company for many years ? What factors about the manager or about the company might account for this difference

  Investigation of a current macroeconomic subject

You are required to write three unmistakable examination papers including an investigation of a current macroeconomic subject since 2011.

  Discuss advantage possibly experienced by us manufacturer hp

Discuss the advantages and disadvantages possibly experienced by the American computer manufacturers, such as HP, when outsourcing manufacturing and assembly to countries in Asia.

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