Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Duopoly quantity setting firms face the market demand P=150- Q. Each firm has a marginal cost of £60 per unit. What is the Stackelberg equilibrium when Firm 1 moves first? i). Q1 =30, Q2 =30, P=90. ii). Q1 =45, Q2 =22.5, P=82.5. iii). Q1 =35, Q2 =30, P=100. iv). Q1 =40.5, Q2 =25.5, P=70.
a. What is the advantage to mixed strategies? They i). allow a player to be unpredictable. ii). allow a player to raise his maximin payoff. iii). are needed to guarantee the existence of equilibrium. iv). all of the above.
s. Lotteries A and B have the same expected value, but B has larger variance. Which of the following is true? i). some risk averse decision makers bill prefer lottery A while others will prefer lottery B. ii). all risk averse decision makers will prefer lottery B to lottery A. iii). some risk neutral decision makers will prefer lottery A while others will prefer lottery B. iv). none of the above.
c. Which of the following is the present value of £1 payable in three years is: i). £1 ii). £1/(1+3r) iii). £1/(1-3r) iv). £1/(1+r)3
Economies of scale and dis-economies of scale? What do these terms mean, when do they occur and how do they differ? Can you provide an example of economies and scale and dis-economies of scale.
Tipping theory, though not new, is in the news lately, in reference to our "recession" (some say "depression"), and how we can get ourselves out of it, whatever we call it. What is tipping theory? If you've never heard of it, you may research the top..
Find out a product and describe its price elasticity and income elasticity. How much control might an organization have over pricing based on a product's elasticity.
According to the law of diminishing marginal returns, which of the following is true?
Technology is now being developed so that road use can be priced by computer. A computer in the surface of the road picks up a signal from your car and automatically charges you for the use of the road. How would this affect bottlenecks and rush-hour..
Christine has always been weak in mathematics. Based on her performance prior to the final exam in Calculus, there is a 57% chance that she will fail the course if she does not have a tutor. With a tutor, her probability of failing decreases to 27%. ..
Illustrate what would be the best advice to give him knowing which this is his only source of income.
You are working for a company that is considering purchasing a new piece of equipment that will reduce operating costs by $4,000 annually. If the purchase price is $50,000, and it has a 25 year life with a salvage value of $5,000, what is the present..
Illustrate what will occur to the equilibrium price also quantity of guitar strings
Suppose that four 85-octane gasoline pumps and three 89-octane gasoline pumps provide as much profit at a local convinience store in five days as three 85-octane pumps and five 89-octane pumps provide in four days. Which gasoline pump produces greate..
Assume that two power plants, Firm 1 and Firm 2, release arsenic in a small urban community that exceeds the emissions standard. To meet the standard, 40 units of SO2 must be abated in total. Prove that a uniform standard will not meet the cost-effec..
Calculate the prot-maximizing monopoly price and quantity. Calculate the price and quantity that arise under perfect competition with a market supply curve P = Q=2.
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd