hallinquestkaly132 hallinquestkaly132
  • 27-05-2023
  • Business
contestada

Suppose that two firms are Cournot competitors. Industry demand is given by:P = 200 − q1 − q2 where q1 is the output of Firm 1 q2 and is the output of Firm 2. Both Firm 1 and Firm 2 face constant marginal and average total costs of $20.

Solve for the Cournot price, quantity, and firm profits.
P = 200 − q1 − q2

Respuesta :

Otras preguntas

What role did george dewey play in the first american victory in the spanish american war?
To help you steady a rifle when you're ready to shoot draw a deep breath and
2x+y=70 2y+z=110 X+y+z=?
Slope=5,through(3,13)
write three hundred twenty-eight, four hundred seven in expanded form.
25 POINTS ! list and explain the three rules of netiquette that you feel are the most important. (Use 2-3 sentences to explain the importance of each of the thr
Which expression shows 36 + 63 as the product of their greatest common factor and the sum of two whole numbers with no common factor? A. 11(3 + 6) B. 9(4 + 7) C
Each whole number on the ph scale represents a ____ - fold difference in hydrogen ion concentration.
What were the articles of confederation what 3 things could the government do under the articles?
6=x+2/3 Please help ASAP!!! 10 Points!!! :)