Business, 07.06.2021 15:40 hgfgu1015

The market demand function is Q = 10,000 - 1,000p. Each firm has a marginal cost of mequals$0.16. Firm 1, the leader, acts before Firm 2, the follower. Solve for the Stackelberg-Nash equilibrium quantities, prices, and profits. Compare your solution to the Cournot-Nash equilibrium. The Stackelberg-Nash equilibrium quantities are:

q 1 = units and q 2 =units.

The Stackelberg-Nash equilibrium price is:p = $.Profits for the firms areprofit1 = $and profit2 = $.The Cournot-Nash equilibrium quantities are:q1=units and q2=unitsThe Cournot-Nash equilibrium price is:p = $.Profits for the firms areprofit1 = $and profit2 = $

Answers: 3

Show answers

Other questions on the subject: Business

Business, 22.06.2019 09:40, nessross1018

Salt corporation's contribution margin ratio is 78% and its fixed monthly expenses are $30,000. assume that the company's sales for may are expected to be $89,000. required: estimate the company's net operating income for may, assuming that the fixed monthly expenses do not change.

Answers: 1

continue

Business, 22.06.2019 10:30, jlankford148

What type of budget is stated? a budget is a type of financial report that scrutinizes the inflow and outflow of money in a given financial year.

Answers: 1

continue

Business, 23.06.2019 00:40, ovoxotas

The recognition of which of the following expenses exemplifies the application of matching expenses with the revenues they produced? multiple choice(a) cost of goods sold. (b) advertising.(c) president's salary.(d) research and development.

Answers: 3

continue

Business, 23.06.2019 06:00, dogwisperer101

Which factor determines who a society will produce goods and services for?

Answers: 1

continue

You know the right answer?

The market demand function is Q = 10,000 - 1,000p. Each firm has a marginal cost of mequals$0.16. F...