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Consider a Cournot duopoly. The market demand is p=190-q1-q2. Firm 1's marginal cost is 40, and firm 2's marginal cost is also 40. There are no fixed costs.A. Derive every firm's best response function.B. What is the Nash equilibrium of this model? Search the equilibrium market price.C. Find the equilibrium profit for every firm.D. Find the equilibrium consumer surplus in this market.
explain total productivity
Barriers or Hindrances with Presenting Christian Gospel 1.) What practical steps could be taken to build a relationship with a follower of this worldview who might be a co-wor
How do i come up with a project based on the above topic
What are the social economic factors and non economic factors in the development process? Development is a process including change into a number of social economic and non eco
Net exports normally decrease with the effect when aggregate output decline. When a concretionary fiscal policy is implemented net exports will go up . When government maintain the
How do institutions influence development? Institutions development influence: Institutions matter since they give opportunities for people and firms to participate into
What are capacity building policies? Capacity building policies: Capacity building is the development and improvement of institutions. And Capacity building policies as
How can the population controlled? Governments can take some steps to controlled populations: • Enhance the education of women and their employment opportunities raises and
You own a small retail business that produces a product that is slightly different from that of your many competitors. Your firm is currently making an economic profit. The absolut
opportunity cost and decision making
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