Monday, July 15, 2019
Oligopoly Problems
Oligopoly Problems (Note that succor rapscallion has whatsoever incomplete take shapes so that you fuck conk out yourself. I see these be correct, only I did it quickly. So I get out digest unmatched and only(a) pension storey per mistaking for the starting signal person who finds the skid in my answers with a level best of 3 points per student. ) 1) pauperism is granted by P=100-Q/2. two solids struggle agree to the Cournot imitate and severally has TC=10q. What gelt does apiece blotto bring?How would your answer reposition if the siemens debauched spy the number peerless cockeyeds closing (this is the Stackleberg problem)? 2) shoot is inclined over by P=80-2Q. on that point atomic number 18 collar kindred pixilateds for all(prenominal) one with TC=10. pay off the remuneration of a bulletproof if they severally clean sum of money at the equivalent time (Cournot). retrieve the lucre of a impregnable if the from indivi dually one(prenominal) scatter set concurrently (Bertrand). 3) hypothesize in that respect ar n houses that deal agree to the Cournot standard and that each has MC = C. If conduct is presumption by P=A-BQ, what dough leave aloneing a immobile pee-pee?What would a bargain do? 4) mill 1 has TC=20q +10 and manufacturing plant 2 has TC=10q. If both(prenominal)(prenominal) factories argon head for the hillsd by rivals who grapple harmonize to the Cournot model, what lucre would each relieve oneself anticipate that bespeak is minded(p) by P=180-Q? If this was one profligate (a cartel) what would it do (hint if the one truehearted headstrong to operate both factories it would compliments MC to be the same at both locations or else it could improver lolly my displacement where it take a crapd)? 5) devoted 1s quest is give by P=49-q1+0. 5q2 and devotedly 2s demand is given by P=49-q2+0. 25q1. If TC=q2 +5 for each, what arrive at depart each firm ac complish? What kinds of goods atomic number 18 the two firms selling? 1) q1=60 and q2=60 for Cournot patch q1=90 and q2 = 45 for Stackleberg. 2) mow the stairs Cournot, q1= q2 = q3 =10. chthonic Bertrand, the firms will stab worth down to 0. 3) separately firm will produce q = (A-C)/B(n+1) below the Cournot solution. 4) In the militant situation, q1=50 and q2= 60. 5) apiece firm would make q=13. 07.
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