Saturday

April 19, 2014

April 19, 2014

Posted by **jenny** on Sunday, September 7, 2008 at 11:03pm.

(a)Write down the profit equations for firms A and B.

(b)Write down the marginal revenue equations for firms A and B.

(c)Write down the reaction functions for firms A and B.

(d)Graph the reaction functions for firms A and B.

(e)Calculate the Cournot equilibrium outputs for this market. Plot them on the graph.

(f)What is the price charged in this market?

(g)What is the industry output?

(h)Does the result of identical prices charged by the two firms depend on them having identical marginal costs? Explain.

**Related Questions**

managerial economics - Suppose the inverse market demand equation is P = 80 ¡V 4...

managerial economics - Suppose the inverse market demand equation is P = 80 ¡V 4...

economics - Assume that demand for product A can be expressed as QA = 500 ¨C 5PA...

economics - 1. Chipo has the following utility function of 2 goods Pies (X) and ...

economics - 1. Chipo has the following utility function of 2 goods Pies (X) and ...

economics - 1. Chipo has the following utility function of 2 goods Pies (X) and ...

Economics - A monopoly produces widgets at a marginal cost of $8 per unit and ...

physics - Two charges, qA and qB, are separated by a distance, d, and exert a ...

To: Economyst - Can you please help? - Airline pricing is a good example of ...

Economics/Algebra - Airline pricing is a good example of price discrimination. ...