Answer:
E. None of the above
Explanation:
The standard reaction function of firm 2 is given as = a-Cb/2b - 1/2*Qa
P = 30 - (Qa + Qb)
where a = 30 b = 1 and C = 3.
Leader's output = (a + Cb - 2Ca)/2b
Leader's output = (30 + 3 - 3*2)/2
= 13.5 units.
Reaction function of firm B,
Qb = 30 - 3/2
= 13.5 - 1/2*13.5
= 6.75 units.
P = 30 - (13.5 - 6.75)
= $9.75
Therefore, The price of this new drink in the long run if the industry is a Stackelberg duopoly is $9.75
Answer:
Continuous production process
Explanation:
Continuous production process -
It is also known as continuous flow process , continuous process .
It refers to the constant method to manufacture , produce or process the goods and services , is referred to as Continuous production process .
The example of Continuous production process is blast furnace , nuclear power plants etc.
The method demands a lot of attention and manual work to perform this task .
Hence , from the given scenario of the question ,
The correct term is Continuous production process .
Answer:
This quantitative difference between nuclear and conventional weapons means that if nuclear weapons were used, they would alter key features of warfare—in particular, its duration, the targeting of noncombatants, and even the military relationship between winning and losing sides in a conflict.
Explanation:
The answer should be D if not it's A
<span>Ceteris paribus, for the owner of a sawmill, lumber and the sawdust that go into particle board are </span><span>complements in production; by-products. C</span>eteris Paribus<span> is a Latin phrase meaning "all other things remaining equal". It is commonly used in economics. </span>
