The inverse demand in a cournot dupoly is pa-bq1q2 and, Ask an Expert

Economics

The inverse demand in a Cournot dupoly is P=a-b(Q1+Q2) and costs are c1(Q1)=c1Q1,and C2(Q2)=c2Q2. The government has imposed a per unit tax of $t on each unit sold by each firm. The tax revue is ?

a. t times the total output of the 2 firms should ther be no sale tax

b. less than t times the total output of the 2 firms should there be no sale tax

c. greater than t times the total output of the 2 firms should there be no sale tax

d. none of the above.

View complete question

Business Economics, Economics

Category:- Business Economics
Reference No.:- M91423924

Have any Question?Write your Review or question?

Related Questions in Business Economics

You are a division manager at bmw you estimate the

You are a division manager at BMW. You estimate the semiannual demand for model X3 is: Q=150,000-1.5P What price should you charge in order to maximize the revenues from sales of model X3? Explain.

1 suppose you design a game with outcomes a b and c for

1. Suppose you design a game with outcomes A, B and C for which you can estimate probabilities Pr(A) = 0.01, Pr(B) = 0.09 and Pr(C) = 0.9. It costs the player $1 to play each time. If outcome C occurs, they win nothing. ...

Give three numbers between -6 and 6 that satisfy the given

Give three numbers between -6 and 6 that satisfy the given condition. List the real positive numbers not integers.

The head of retail sales at a large cosmetic company was

The head of retail sales at a large cosmetic company was interested in determining what the best marketing model was for launching a forthcoming new product to ensure high sales. She ran two separate simple linear regres ...

What effect does the teacher have on creating a learning

What effect does the teacher have on creating a learning environment with little to no behavior problems?

A manufacturing company wishes to compare two production

A manufacturing company wishes to compare two production facilities based on Defective units out of total unit production. The company obtains random samples from both facilities. Facility A produced a total of 983 units ...

In this question you need a z table and then you can get

In this question you need a Z table and then you can get all answers? You have a normal distribution with a mean of 90 and a standard deviation of 7. If appropriate, calculate the following probabilities: What is: Probab ...

A person who is hit by lightning had a 14 chance of being

A person who is hit by lightning had a 1/4 chance of being killed. What is the probability that someone who is struck by lightning will live to tell about it?

You want to be a millionaire when you retire in 35 yearsa

You want to be a millionaire when you retire in 35 years. a. How much do you have to save each month if you can earn an annual return of 10.7 percent? (Do not round intermediate calculations and round your answer to 2 d ...

Suppose that for a given patient the true ef is 63 consider

Suppose that, for a given patient, the true EF is 63. Consider the population of EF values that can be estimated on that patient using option II above. That population follows a normal distribution with μ= 63. Find the p ...

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

Recent Questions

Ask Business Economics Expert