The inverse demand in cournot dupoly

Assignment Help Business Economics
Reference no: EM13854164

The inverse demand in a Cournot dupoly is P=a-b(Q1+Q2) and costs are c1(Q1)=c1Q1,and C2(Q2)=c2Q2. The government has imposed a per unit tax of $t on each unit sold by each firm. The tax revue is ?

a. t times the total output of the 2 firms should ther be no sale tax

b. less than t times the total output of the 2 firms should there be no sale tax

c. greater than t times the total output of the 2 firms should there be no sale tax

d. none of the above.

Reference no: EM13854164

Questions Cloud

Level of production in response to this change : You are a manager for monopolistically competitive firm. From experience, the profits maximizing level of output of your firm is 100 units. However, it is expected that prices of other close substitutes will fall in the near future. How should you ad..
Literature review on high speed machining : Report on High speed machining on duplex stainless steel. In that report I need literature review on High speed machining.
Principal-agent problem ensures that the firm is operating : The solution to principal-agent problem ensures that the firm is operating
Select the correctly punctuated sentence : Their telephone has been disconnected I cannot get in touch with them. Select the correctly punctuated sentence.
The inverse demand in cournot dupoly : The inverse demand in a Cournot dupoly is P=a-b(Q1+Q2) and costs are c1(Q1)=c1Q1,and C2(Q2)=c2Q2. The government has imposed a per unit tax of $t on each unit sold by each firm. The tax revue is ?
Data analytics, inc., and eproducts corporation market : Data Analytics, Inc., and eProducts Corporation market competing software products. Data Analytics launches anadvertising campaign claiming that eProducts, instead of testing software before it is marketed, has customers "test" thesoftware by using i..
Who gains and who loses as a result of these subsidies : The increased demand for corn to be used in ethanol is driven in large part by nearly $10 billion in government subsidies. who gains and who loses as a result of these subsidies?
How does the purpose and characteristics of satire in pope : How does the purpose and characteristics of satire in Pope's The Rape of the Lock compare to Swift's A Modest Proposal?which is more effect and why? How do these satires compare to popular satires of today?
Prestige pricing objectives emphasize : Prestige pricing objectives emphasize

Reviews

Write a Review

 

Business Economics Questions & Answers

  Two goods are purchased such that marginal utility derived

Two goods are purchased such that the marginal utility derived from A is 440 utils, and from B is 870 utile; the price of B is $11 and the price of A is $5.50. For a given total dollar amount spent on these two items, has total utility (combined) bee..

  What is the root cause of great minimum wage increase debate

What is the current minimum wage in IL and based on research what possible implications would an increase in the minimum wage post to the state of IL? Based on research and critical analysis what is the root cause of the great minimum wage increase d..

  Determine the value marginal products of the two enterprises

How much of Nm and Nw can you advise to use, how much M and W will be produced from the levels of nitrogen in (a) and determine the value marginal products of the two enterprises.

  Explain how much profit will the monopoly firm earn

Explain how much profit will the perfectly competitive firms earn. Explain how much profit will the monopoly firm earn.

  World population growth crisis

Momentum treatise to the current world population growth crisis.

  Comparative advantage and competitive advantage

Distinguish between comparative advantage and competitive advantage (may take some research on your part). Which is used by economists as a justification for international trade? Why?

  Which inconsistents of model are statistically significant

Trades are seasonal, with higher trades during the spring also summer quarters also lower trades during fall also winter quarters. Which inconsistents of the model are statistically significant.

  Fed choose as a target for the federal funds rate

1. Assume that inflation is currently 4% but the Fed’s inflation target is 2%. if the economy is currently at full employment, what should the Fed choose as a target for the federal funds rate?

  In a capitalistic economy

In a capitalistic economy:

  Price elasticity of demand for labor over range of prices

A firm has the production function Q=L times K. For this production function, MPL=K and MPK=L. The firm initially faces input prices w= $1 and r= $1 and is required to produce Q bar= 100 units. Later the price of labor, w, goes up to $4. Find the opt..

  What is the profits of each firm as functions of q1 and q2

Suppose a second firm enters the market. let Q1 be the output of the first firm and Q2 be the output of the second. What is the profits of each firm as functions of Q1 and Q2.

  Assume that the short-run cost and demand data

Assume that the short-run cost and demand data given in the table above confront a monopolistic competitor selling a given product and engaged in a given amount of product promotion. Refer to the above table and information. If the firm sells 3 units..

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd