Answer:
each firm simultaneously increased output above the Nash equilibrium level.
Explanation:
A French mathematician, Antoine Augustine Cournot developed the Cournot duopoly in his economic model “Researches into the mathematical principles of the theory of wealth”, of 1838.
Cournot duopoly also known as the Cournot competition, is an economic model where two (2) business firms having identical cost functions compete in a oligopolistic market of imperfect competition with homogeneous products.
Under the Cournot duopoly, the competing firms offer identical products and thus, choose an amount or quantity to produce independently and at the same time because they cannot collude.
Both firms in a Cournot duopoly would enjoy lower profits if each firm simultaneously increased output above the Nash equilibrium level.
Hence, the advantage of the Cournot duopoly is that, it inhibits competing firms from deviating unilaterally.
Answer:
a. N = 7, I/Y = 4, PV = -37,000
Explanation:
In financial calculator % is already written in the calculator so we have to write only number in calculator.
Option b incorrect because it has included a number with % ( 4% ) sign that we dint do usually in calculator.
Option c is incorrect because it has taken pv as positive
Option d is incorrect because it has written 4% that we don't put in calculator as well as it has inserted positive pv which is also wrong.
The scenario that's illustrated by Wegman is simply known as A. Job enrichment.
<h3>What is job enrichment?</h3>
It should be noted that job enrichment simply means a process whereby there are different dimensions added in order to make a job more motivating.
In this case, employees are empowered to meet customer needs without seeking a manager's permission abs this is an example of job enrichment.
Learn more about job enrichment on:
brainly.com/question/5948212
Answer:
D) increase at a faster rate than the costs associated with those sales.
Explanation:
If the break even point was reached during the 20th day of the month, then any revenue generated during the remaining 10-11 days will increase net profits. The amount of net profit increase will be determined by the contribution margin of each service provided. The contribution margin = net sales - variable costs. Since the fixed costs have already been covered, the contribution margin will be equal to the net profit.
The answer in the space provided is impede because they need
to prevent the integration process of global information system in which
impeding is the process or practice that helps them to engage with the process
that involves of the GIS.