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!
Consider now the following demand function:
D = α − p + γe
where α is the market potential, e is the advertisement “effort”, and γ is its marginal impact on sales. The cost function for the effort is represented by (1/2)ke2 where k is a constant. Find the Stackelberg equilibria for the following two scenarios and compare them. In which scenario are the manufacturer and the retailer better off? How is the comparison for the integrated system? Who puts more effort?
(a) The manufacturer moves first and determines both the wholesale price, w and the effort, e. As such she incurs the effort cost. In response the retailer decides on the selling price, p.
(b) Now the effort burden is on the retailer with the same cost structure and sales impact. The manufacturer sets the wholesale price and the retailer responds with the selling price and the effort level.
1. In which of the following situations is the Coase theorem likely to apply? Explain.
Who benefits from a tariff or quota. Who loses. Illustrate what are positives and negatives of protectionist trade policies on federal government's part. Which policy is best right now.
Charles has decided to open a lawn-mowing company. To do so, he purchases mowing equipment for $5,000, buys gasoline ($2.30 in gas is required to mow each yard), and pays a helper $10.00 per yard. Prior to opening the lawn company, Charles earned $8,..
A) in finding the optimal basket for a consumer we assume The preferences are exogenously given (we know the indifference map for this consumer) what can change the preferences and why? What would be the effect of change in preferences on a consumers..
In the year 302, the Roman emperor Diocletian “commanded that there should be cheapness.” His edict declared: Unprincipled greed appears wherever our armies, following the command of the public weal, march, not only in villages and cities but also up..
Consider the information below for a simple economy. Assume there are no traveler's checks. What is M1 in this simple economy? b) What is M2 in this simple economy?
Are monopolies and oligopolies always bad for society? Provide real world examples of where this may be the case to strengthen your position. Provide at least one example of a case where having a monopoly or oligopoly may actually benefit the society..
Circular flow diagram: Include the government sector in your explanation, a description of the roles that each participant plays in the economy, and how the different sectors interact in the markets.
q1. compare and contrast inflation and deflation. what are some of the damaging effects that each has on an economy?
When Seth told Anita, "Your plan for purr semester project is not going to work." she snapped back with, "I don't hear you coming up with anything better." When he asked Anita about the incident later, she explained that PMS (premenstrual syndrome) h..
The Teenager Company makes and sells skateboards at an average price of $70 each. During the past year, they sold 4,000 of these skateboards. The company believes that the price elasticity for this product is about -2.5. What would total annual reven..
Suppose an appliance manufacturer is doing a regression analysis, using quarterly time-series data, of the factors affecting its sales of appliances. What techniques might be used to remove this autocorrelation from the model?
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