When it comes to the deformation of rocks, it is believed that water weaken the chemical bonds that constituent mineral grains. Water forms a film around the mineral and weaken the bonds. This is why wet rocks tend to act in a more ductile manner. If a rock is dry, they tend to be more brittle.
Answer:
![Q=nq=\frac{n}{n+1}\frac{a-c}{b}](https://tex.z-dn.net/?f=Q%3Dnq%3D%5Cfrac%7Bn%7D%7Bn%2B1%7D%5Cfrac%7Ba-c%7D%7Bb%7D)
if n=1 (monopoly) we have ![Q^M=\frac{1}{2}\frac{a-c}{b}](https://tex.z-dn.net/?f=Q%5EM%3D%5Cfrac%7B1%7D%7B2%7D%5Cfrac%7Ba-c%7D%7Bb%7D)
if n goes to infinity (approaching competitive level), we get the competition quantity that would be ![Q^c=\frac{a-c}{b}](https://tex.z-dn.net/?f=Q%5Ec%3D%5Cfrac%7Ba-c%7D%7Bb%7D)
Explanation:
In the case of a homogeneous-good Cournot model we have that firm i will solve the following profit maximizing problem
![Max_{q_i} \,\, \Pi_i=(a-b(\sum_{i=1}^n q_i)-m)q_i](https://tex.z-dn.net/?f=Max_%7Bq_i%7D%20%5C%2C%5C%2C%20%5CPi_i%3D%28a-b%28%5Csum_%7Bi%3D1%7D%5En%20q_i%29-m%29q_i)
from the FPC we have that
![a-b\sum_{i=1}^n q_i -m -b q_i=0](https://tex.z-dn.net/?f=a-b%5Csum_%7Bi%3D1%7D%5En%20q_i%20-m%20-b%20q_i%3D0)
![q_i=\frac{a-b \sum_{i=2}^n q_i-m}{2b}](https://tex.z-dn.net/?f=q_i%3D%5Cfrac%7Ba-b%20%5Csum_%7Bi%3D2%7D%5En%20q_i-m%7D%7B2b%7D)
since all firms are homogeneous this means that ![q_i=q \forall i](https://tex.z-dn.net/?f=q_i%3Dq%20%5Cforall%20i)
then ![q=\frac{a-b (n-1) q-m}{2b}=\frac{a-m}{(n+1)b}](https://tex.z-dn.net/?f=q%3D%5Cfrac%7Ba-b%20%28n-1%29%20q-m%7D%7B2b%7D%3D%5Cfrac%7Ba-m%7D%7B%28n%2B1%29b%7D)
the industry output is then
![Q=nq=\frac{n}{n+1}\frac{a-c}{b}](https://tex.z-dn.net/?f=Q%3Dnq%3D%5Cfrac%7Bn%7D%7Bn%2B1%7D%5Cfrac%7Ba-c%7D%7Bb%7D)
if n=1 (monopoly) we have ![Q^M=\frac{1}{2}\frac{a-c}{b}](https://tex.z-dn.net/?f=Q%5EM%3D%5Cfrac%7B1%7D%7B2%7D%5Cfrac%7Ba-c%7D%7Bb%7D)
if n goes to infinity (approaching competitive level), we get the competition quantity that would be ![Q^c=\frac{a-c}{b}](https://tex.z-dn.net/?f=Q%5Ec%3D%5Cfrac%7Ba-c%7D%7Bb%7D)
Answer:
its trade deficit rose
Explanation:
Trade deficit occurs when the imports of a country are higher than the exports. It is called the trade deficit. It means the country is importing more value of goods from other countries and exporting less. When Imports grows higher than the growth in exports, the trade deficit eventually rises.
Answer:
C. Open the Name manager, and click New
Explanation:
Answer:
C. limited growth opportunities in their domestic market.
Explanation:
U.S. cola companies entered the global market because of limited growth opportunities in their domestic market.