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Karo-lina-s [1.5K]
3 years ago
15

You are given the market demand function Q = 3400 - 1000p, and that each duopoly firm's marginal cost is $0.28 per unit, which i

mplies the cost function: C (q_i) = 0.28q_i, assuming no fixed costs for i = 1, 2. The Cournot equilibrium quantities are q_1 = and q_2 = (enter your responses as whole numbers). The Cournot equilibrium price is $ (round to the nearest penny) Calculate the Cournot profits: firm 1 $ and firm 2 $ (round both responses to the nearest cent).

Business
1 answer:
kirza4 [7]3 years ago
3 0

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

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Those who exhibit similarities in​ occupations, education, and income​ level, and have similar tastes in style and activities ar
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Answer: The correct answer is "B. social class".

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In a society the general range of people can be defined as the social class. Within these classes people tend to be similar in terms of occupation, income level, tastes, education, etc.

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Complete the statements about a career as an applied mathematician by correctly filling in the missing information. If you’re th
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Answer:

Mathematical literacy is the ability to analyze, reason, and communicate ideas effectively through posing, formulating, solving, and interpreting solutions to mathematical problems in a variety of situations.

The following clusters should be researched;

• Probability/Statistics

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Explanation:

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4 years ago
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Answer:

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8 0
3 years ago
Currency located at the company $ 600
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Answer:

$12,900

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It is a current asset in the balance sheet.

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Answer:

Option (C) is correct.

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The Journal entry is as follows:

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8 0
3 years ago
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