Q two companies a as well as b are duopolists that produce

Assignment Help Business Economics
Reference no: EM13353597

Q. Two companies (A as well as B) are duopolists that produce identical products. Demand as well as for the products is given by the following demand as well as function:

QB QA P = 10,000
where QA as well as QB are the quantities sold by the respective firms as well as P is the selling cost.
Total cost functions for the two companies are:
TCA = 500,000 + 200QA + .5QA2
TCB = 200,000 + 400QB + QB2
Assume that the firms form a cartel to maximize total industry profits (sum of firm A as well as firm B profits). Determine the optimum output as well as selling cost for each firm.

Reference no: EM13353597

Questions Cloud

Qpure pool services provide weekly pool maintenance in : q.pure pool services provide weekly pool maintenance in beverly hills. dozens of firms provide this service. the
1 derive the fundamental equation of the solow model2 : 1. derive the fundamental equation of the solow model2. country a as well as country b both have the production
Qa competitive firm sells its product at a cost of 010 per : q.a competitive firm sells its product at a cost of 0.10 per unit. its total cost function istc 5 - 0.5q 0.001q2a
Q1 confronted with a choice between 50 today or 100 one : q1. confronted with a choice between 50 today or 100 one year from now economic experts suggest that the vast majority
Q two companies a as well as b are duopolists that produce : q. two companies a as well as b are duopolists that produce identical products. demand as well as for the products is
Qsocial regulation is undertaken with the intention of : q.social regulation is undertaken with the intention of improving the quality of life. the agencies most people are
Qconsider a perfectly competitive market in which the : q.consider a perfectly competitive market in which the market demand as well as curve is given by qd 20 - 2pd as well
Q1 from a random sample of 500 registered voters in la 400 : q1. from a random sample of 500 registered voters in la 400 indicated that they would vote in favor of a proposed
Potter corporation sells office supplies to government : potter corporation sells office supplies to government agencies. the company reports the following selected account

Reviews

Write a Review

Business Economics Questions & Answers

  Find out purchase price to gain thirteen percent compounded

Find out the purchase price to gain thirteen percent compounded semiannually.

  Curtailed on the nadir

The narrator is consumed by the idea that human begings do not actually have free will. How is his free curtailed on the nadir, and how does he fight back.

  You are required to analyse the strategy of a firm of your

You are required to analyse the strategy of a firm of your choice. You need to pick a firm and identify the strategy that the firm uses to compete with its rivals. It is important that you conduct an industrial or environmental analysis, before you u..

  Standard supply and demand labour

In a standard supply and demand labour model, firms "demand" labour while workers "supply" labour. Let's think about a labour market that is in equilibrium, with a wage of $20 per hour and with 14 million individuals working out of a total of 16 mill..

  If korean exports to the united states decline by 15

if korean exports to the united states decline by 15 billion by how much will cumulative korean spending drop if their

  Cross elasticity of demand

The company wants to replace office equipment like machines and computer at assorted times over the five year planning period.

  Qyour oil company must decide whether to drill a well at a

q.your oil company must decide whether to drill a well at a cost of 500000 on a piece of leased property or to sell the

  Di9scuss what will happen in this market as it moves

Di9scuss what will happen in this market as it moves to a new equilibrium. If a hard freeze eliminate Brazil's premium coffee crop, what will happen to the price of the premium coffee.

  Why is each the policy necessary

Why is each the policy necessary? The welfare of consumers, producers, and society (the winners and losers) before and after the policy

  Corresponding marginal cost

Suppose that an increase in crime (O) also results in a per unit amount of social damage equal to d(d>0).

  Theory of consumer choice

When the bookstore announces a 20% price increase in new texts and a 10% increase in used texts for next year, Guojun's father offers him $80 extra.

  Calculate consumption expenditures as a percent of real gdp

Calculate consumption expenditures as a percent of real GDP for all years and calculate GDP growth in 2011 and 2012.

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