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Komok [63]
4 years ago
14

g (Asymmetric Cournot Duopoly) Consider a Cournot duopoly model with price function 푝푝(푄푄)= 100−푄푄, where 푄푄=푞푞1+푞푞2 is the tota

l production quantity. Two firms have different unit product costs: 푐푐1= 20 ,푐푐2= 30. a.Write down this game in normal-form representation.b.What is Firm 1’s best response if Firm 2’s quantity is 푞푞2? What is Firm 2’s best response if Firm 1’s quantity is 푞푞1? c.Find the Nash equilibrium.

Business
1 answer:
kap26 [50]4 years ago
5 0

Answer:

Answer for the question:

g (Asymmetric Cournot Duopoly) Consider a Cournot duopoly model with price function 푝푝(푄푄)= 100−푄푄, where 푄푄=푞푞1+푞푞2 is the total production quantity. Two firms have different unit product costs: 푐푐1= 20 ,푐푐2= 30. a.Write down this game in normal-form representation.b.What is Firm 1’s best response if Firm 2’s quantity is 푞푞2? What is Firm 2’s best response if Firm 1’s quantity is 푞푞1? c.Find the Nash equilibrium.

is given in the attachment.

Explanation:

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One implication of the bird-in-the-hand theory of dividends is that a given reduction in dividend yield must be offset by a more
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As a manager, you have been asked to work with your employees to develop goals. What can you expect from this process? Check all
laiz [17]

Answer:

The correct answer is:

o A benefit of goals is that they help motivate employees.

o  One of the drawbacks of plans is that they can create a false sense of security.

Explanation:

As a manager, working with employees to set goals is a great activity to motivate employees. But setting goals with employees has a disadvantage that they may create a false sense of security they may feel that everything is just taken for granted and is therefore considered as a disadvantage. Plans can be flexible to the changing environment.

3 0
4 years ago
You are considering a car loan with a stated APR of 5.42​% based on monthly compounding. What is the effective annual rate of th
Anon25 [30]

Answer:

The effective annual rate is 5.57%

Explanation:

The interest rate that is actually earned or paid on investment or loan including the compounding effect over a given period of time. It is also known as rate.

Effective interest rate = [ ( 1 + r/m )^m ] - 1

Effective interest rate = [ ( 1 + 5.42%/12 )^12 ] - 1

Effective interest rate = [ ( 1 + 0.0542/12 )^12 ] - 1

Effective interest rate = 0.055567 x 100

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4 years ago
Match each certification to its purpose
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