Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Business Economics Expert

Equilibrium price and profit in Stackelberg Duopoly.

The inverse demand for a homogeneous product Stackelberg duopoly is P = 20,000 - 5Q. The cost structures for the leader and the follower, respectively, are CL (QL) = 3,000QL and Cf (Qf) = 4,000Qf)

a) Determine the equilibrium market price

b) Determine the profits of the leader and the follower

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M917010
  • Price:- $12

Guranteed 24 Hours Delivery, In Price:- $12

Have any Question? 


Related Questions in Business Economics

Imagine that you are the owner of a day-care center and

Imagine that you are the owner of a day-care center and that parents consistently pick their children up late. Your clearly stated policy is that children are supposed to be picked up by 5:30 pm. This makes pick-up time ...

You are suffering from insomnia so decide to watch late

You are suffering from insomnia so decide to watch late night TV. You see the movie Wall Street where actor Charlie Sheen plays the part of a rogue broker who steals confidential information about possible merger targets ...

John adams is the ceo of a nursing home in san jose he is

John Adams is the CEO of a nursing home in San Jose. He is now 50 years old and plans to retire in ten years. He expects to live for 25 years after he retires, that is, until he is 85. He wants a fixed retirement income ...

Solve the following system of simultaneous equation and

Solve the following system of simultaneous equation and graph the results. Y = 50 +2x (1) Y = 100 -0.5x (2) Assume that the intercept of equation 1 from problem 4 has increase by 5 units. Graph the new and old equations. ...

Write an arduino program for an led connected to pin 3 to

Write an Arduino program for an LED connected to pin 3 to blink 7 times with a delay of 0.75 sec, then stays off. Use the FOR loop, and an increment of one. - Include your name, date, and description of program at the to ...

Consider the ideal role of the government if any in

Consider the ideal role of the government, if any, in bringing about more transparency in the market for credit protection. Provide an example of when government involvement would have helped protect investors from risks ...

Questionplease respond to both of the following

Question: Please respond to both of the following questions: Question A: What types of networks are multiplexing technologies most commonly used and what capabilities does it provide to users and providers? Question B: W ...

To derive a market demand curve from individual demand

To derive a market demand curve from individual demand curves, it would be necessary to: multiply the quantities demanded on each demand curve at each price to find the market quantity demanded at each price. take the ma ...

1 explain why a bundle of goods cannot be optimal ie why

1) Explain why a bundle of goods cannot be optimal (i.e., why some other bundle must be a better choice) if the marginal rate of substitution (MRS) at this point is not equal to the ratio of the goods’ prices. 2) A consu ...

Explain how a manager would avoid having espoused reality

Explain how a manager would avoid having espoused reality enter into his or her department. Include a discussion on the tools they could use, would department meetings help – please be sure to support your position with ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate