User Account

All Pages

Inverse market demand equation for the output

Assignment Help Macroeconomics
Reference no: EM131048948

Suppose that the inverse market demand equation for the output of two identical firms is P = 68 - 8Q. The total cost equations for the Stackelberg leader and follower are TCL = 4QL and TCF = 4QF, respectively. The profits of the Stackelberg leader and follower are:

a. $288; $144.
b. $37.50; $18.75.
c. $64; $32.
d. $54; $27.
e. $144; $72.
f. $180; $90.

Reference no: EM131048948

Questions Cloud

The statement of financial position : As well as the statement of financial position, profit and loss account and cash flow statement, a company's annual report and accounts contain other useful information.
Why knowing password[n] doesn''t help reveal password[n - 1] : Let g be an appropriate one-way function (e.g., MD5) and let password[N] = g N(mp) = g, applied N times to mp. Explain why knowing password[N] doesn't help reveal password[N - 1].
Nash equilibrium strategy profiles : If the sum of the bids does not exceed $50 then the players receive the amount of their bid. If the sum of the bids exceeds $50 then the game ends and the players received nothing. This Nash bargaining game has __________ Nash equilibrium strate..
What are the costs and benefits of a universal power supply : In what ways is a universal power supply a postponement strategy? What are the costs and benefits of a universal power supply (feel free to make assumptions)
Inverse market demand equation for the output : Suppose that the inverse market demand equation for the output of two identical firms is P = 68 - 8Q. The total cost equations for the Stackelberg leader and follower are TCL = 4QL and TCF = 4QF, respectively. The profits of the Stackelberg lea..
The xbrl general ledger work : Find out more about any of the following topics and write a one page summary on: (a) the XBRL general ledger work;
Temperature in celsius : You go to Europe, and you want to present your data in Celsius. Knowing that C = (F - 32) * (5/9), where F is the temperature in Fahrenheit and C is the temperature in Celsius, what is the average daily temperature of your city for your period of ..
How an adversary sitting between two participants can trick : The Diffie-Hellman key exchange protocol is vulnerable to a "man-in-the-middle" attack.
Explain why m = md5(s) or m = e(s) with rsa encryption : Explain why m = MD5(s) or m = E(s) with RSA encryption would not be secure choices, and suggest a better choice.

Reviews

Write a Review

Macroeconomics Questions & Answers

  International trade between countries

One of major political developments of last many decades is the increasing size and economic or monetary integration of the European Union. Determine what effect do you think this will have on international trade between nations?

  1 suppose honey is produced in a beehive using bees and

1. suppose honey is produced in a beehive using bees and sugar. each honey producer uses one beehive which she rents

  Elucidate are the characteristics of the market for lemons

Elucidate are the characteristics of the market for lemons.

  Would you have a clear-cut pricing strategy

a regular price or a sale price. Suppose that when one firm announces the sale price and the other announces the regular price for a particular product, the firm announcing the sale price attracts 50 million extra customers to earn a profit of $5 ..

  Conduct research on the economic performance of usa

The problem belongs to Economics and it is discusses the preparing a report on the research on the economic performance of a country from 2004 to 2013. The country chosen here is United States of America.

  Discuss perfect competition and long-run equilibrium

Discuss perfect competition and long-run equilibrium. Provide detailed descriptions, definitions and concrete examples of your findings. Additionally, how does the proliferation of global trade and competition contribute to markets moving

  Why does a larger government budget deficit increase

Why does a larger government budget deficit increase the magnitude of the crowding-out effect and how does the multiplier work and what might government use it for?

  The company for economic cooperation and development

The company for Economic Cooperation and Development (OECD) provides some of the best data and statistics available for comparative international work.

  Establish algebraically whether this production function

Establish algebraically whether this production function exhibits increasing, decreasing, or constant returns to scale

  Firm had demand function given by qd1000-10p its cost

firm had demand function given by qd1000-10p. its cost function given by c 150 20 qa- write an equation for the inverse

  Explain the concept of opportunity cost

Using the concept of opportunity cost, explain why in developed countries with higher average incomes there is more support for costly environmental controls.

  What combination of quality-price will be most successful

A firm can seek any combination of quality and price it chooses. Thus, it can go with a low quality-low price strategy or use one which combines high quality with a high price. Ideally, of course a high quality and a LOW price will be the most pow..

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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