Business, 16.12.2019 18:31 proutyhaylee
Because of complaints about high prices, the island government in 2000 awarded a scallop license to a second fishery, net☼fresh, creating a cournot duopoly. demand conditions in 2000 were the same as in 1999. net☼fresh’s total cost function was tcn = 10qn. both firms sold the same quality product, and both chose daily quantity assuming that their rival’s quantity would be the same as on the previous day.5. write an equation showing how the sea-span’s daily 2000 profit depended on its own output (qs) and that of net☼fresh (qn). s = . using calculus it is possible to show that the sea-span’s cournot reaction function was qs = 60-(0.5)qn. plot and label this function in figure a. put qs on the horizontal axis and qn and the vertical axis.7. explain briefly the economic meaning of this relationship.. write an equation showing how net☼fresh’s daily 2000 profits depended on its own output (qn) and that of sea-span (qs). profit = . net☼fresh’s cournot reaction function was qn = 90 - (0.5)qs. plot and label this function in figure a. 10. what were the cournot equilibrium outputs? qs* = qn* = . briefly explain why this cournot equilibrium is also a nash equilibrium.. what was market price in the cournot equilibrium? p* = . is this price higher, lower, or the same as the monopoly price? . what profit did each firm earn? s* = n* = . in the class lecture on the cournot model, industry profits were shown to be lower in the cournot duopoly equilibrium than in the monopoly equilibrium. here the reverse is true. what accounts for this difference? explain.
Answers: 1
Business, 22.06.2019 11:10, amunson40
The green fiddle has declared a $5 per share dividend. suppose capital gains are not taxed, but dividends are taxed at 15 percent. new irs regulations require that taxes be withheld at the time the dividend is paid. green fiddle stock sells for $71.50 per share, and the stock is about to go ex-dividend. what will the ex-dividend price be?
Answers: 2
Business, 22.06.2019 15:20, alex12everett
Record the journal entry for the provision for uncollectible accounts under each of the following independent assumptions: a. the allowance for doubtful accounts before adjustment has a credit balance of $500. b. the allowance for doubtful accounts before adjustment has a debit balance of $250. c. assume that octoberʼs credit sales were $70,000. uncollectible accounts expense is estimated at 2% of sales. smith, gaylord n.. excel applications for accounting principles (p. 51). cengage textbook. kindle edition.
Answers: 1
Business, 22.06.2019 19:30, ssiy
Quick calculate the roi dollar amount and percentage for these example investments. a. you invest $50 in a government bond that says you can redeem it a year later for $55. use the instructions in lesson 3 to calculate the roi dollar amount and percentage. (3.0 points) tip: subtract the initial investment from the total return to get the roi dollar amount. then divide the roi dollar amount by the initial investment, and multiply that number by 100 to get the percentage. b. you invest $200 in stocks and sell them one year later for $230. use the instructions in lesson 3 to calculate the roi dollar amount and percentage. (3.0 points) tip: subtract the initial investment from the total return to get the roi dollar amount. then divide the roi dollar amount by the initial investment, and multiply that number by 100 to get the percentage.
Answers: 2
Because of complaints about high prices, the island government in 2000 awarded a scallop license to...
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