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In an industry there are three firms producing a homogeneous product. Let qi denote the output level of firm, i= 1, 2, 3, and let Q denote the aggregate industry-production level. That is, Q = q1 + q2 + q3. Assume that the demand curve facing the industry is p = 100 - Q. Solve the following problems:
(a) Find the Cournot equilibrium output and profit level of each firm.(b) Now suppose that firms 2 and 3 merge into a single firm that we call firm4. Calculate the profit level of firm 4 under a Cournot market structure.
(c) Do firms 2 and 3 benefit from this merger?
(d) Now suppose that firm 1 merges with firm 4. Does firm 4 benefit from the merger with firm 1?
(e) Explain why the first and the second mergers yield different results regarding the profitability of mergers.
Examine the use of data-mining in reaching specific gaming audiences. How might the data collected be used as a marketing tool? Is the process of assembling profiles on customers ethical?
"Apple, Inc: Keeping the "I" in Innovation" Please respond to the following: From the second e-Activity and the case study, determine how market commonality and resource similarity impact Apple's competitive standing in terms of its main rivals. Prov..
Utilizing an Open-Systems Model, demonstrate how your organization and its subsystems are organized and function. Your demonstration should be a visual infographic or some other illustrative representation.
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Draw a network representation of the Contois Carpet problem
Demand Analysis, Optimal Pricing and Estimating and Forecasting Demand - Frequent-flier and frequent-stay programs
What are the advantages and disadvantages of introducing a new range of payment technologies to an organisations and what are the concerns for the management board?
1. what was an important decision that you made that had significant effects on your life?2. what have been the main
First, identify the steps that a musician would have to take in order to gain the commercial success necessary to earn his/her livelihood from selling music. Outline the actions this musician would have to complete which would make him/her suc..
Prepare a scholarly, argumentative paper on some aspect of human resource management and/or development.
She reports observing a few critical omissions in his calls, a find outing supported by recent customer surveys. Bryan feels which Seema is just throwing her weight around. Which aspect of collaboration seems to be dysfunctional in this scenario?
Discuss in scholarly detail how policies aid strategy implementation.
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