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Posted on Sep 10, 2024

11. The following dagram presentations pouble level of opt for Apple and More quantities that Apple produces se indicated along the lemost, vertical com bol

11. The following dagram presentations pouble level of opt for Apple and More quantities that Apple produces se indicated along the lemost, vertical com bol Poble que that RIM produces se indicated along the topmost, horizontal win bed. The probies that each form eams, as a function of the output of each fim, e indicated in the mats Pot ample, if apple penes 90 units and RIM produces 60 units, then Apple came 13 and Meam 7: The left met in each location is the profit Apple earns and the night number is the profit that RIM came RIM Apple Quantity 100 90 80 70 60 50 40 30 20 10 0 100 10.40 35,25 30-10-15,5 co 15,5 30,1035,15 0,20 75.25 120,0 90 25,520,-20 -12.8 0,0 13.7 25,15 30,2055,2570,0 100,2010 30 -10-208,-12 0,0 11.9 22,18 26,24 0,06535 90.10 120.0 160,0 170 -5-15 0.0 9.11 20,20 28.22 45,35 76.34 92,28 100,40 140,20 140,0 60 0,0 7.13 18.2222.28 40,40 75,35 90,30 175,25 740,20 725,15 7200 150 5.15 15.25 21.26 35.45 35,75 60,605,65 100,60 100,40 100.20 100.0 110 10,30 20,30 30,50 34.76 30,90 65,85 80,80 80,00 80,00 80,20 80,0 30 15,35 25,35 35.65 28,92 25,115 60,100 60,80 60,60 60.40 60,20 60,0 220 20,60 30,70 30,90 10.10020,140 40,100 40,80 40,60 10.10 10,20 40,0 10 25,75 20,100 20,120 20.10 15.125 20,100 20,80 20,60 20,40 20.20 20,0 0.80 0.1200,140 0.160 0.140 0.120 0,700 0,60 0.40 0,20 0,0 a. If Apple is a monopolist (.e. RIM produces zero output), how many units does Apple produce? (5) b. If both firms operate in this market, what is the Courot-Nash equilibrium? (5) c. If both firms operate and form a Cartel, what are the possible combinations of output? (5) d. If Apple thinks that RIM will adjust its output dependent on how much Apple produces, how much should Apple produce? (5) .. Apple thinks RIM will adjust output based on how much Apple produces. RIM thinks Apple will adjust output based on how much RIM produces. What are total industry profits? (5) 11. The following diagram presents various possible levels of output for Apple and RIM cell phones. Possible quantities that Apple produces are indicated along the leftmost, vertical column in bold. Possible quantities that RIM produces are indicated along the topmost, horizontal row in bold. The profits that each firm earns, as a function of the output of each firm, are indicated in the matrix. For example, if Apple produces 90 units and RIM produces 60 units, then Apple earns 13 and RIM earns 7: The left number in each location is the profit Apple earns and the right number is the profit that RIM earns. RIM Apple Quantit 100 90 NO 70 60 50 40 30 20 10 100 190 80 70 160 50 -40-40, -35-25-30-10-15-500 15.5 30.10 35.15 60,20 75,25 | 120.0 -25,-35-20-20 -12.- 80.0 13.7 25.133020 33.2570,30 100 20140,0 -10-20-8-12 0,0 11.9 22.182624 50 30 65,3590,30 |120.20 160,0 5.-75 0,0 9.11 20,2028.22145.35176.34 92.2810040140.20 140.0 0,0 7.13 18,2222.28 40,4075359030 115.25146,20 125,15120,0 5.15 15.25 24.2635.45 35.75 60,60856911006010040100, 20100.0 10.30 20.30 30.50 34,76 30.90 65.85 0.880,60 80.40 80.20 80,0 15,35 25,3535,65 28.92 25.115 s.ro 50.860,60 60.40 60,20 60,0 20,6030,7030.90 40.100 20,144.100 40.5 40,60 40.40 40,20 40.0 25.75 20,7002012020,140 15.125 20.100 20 80 20,60 20,40 20.20 20,0 0.1200,140 0.160 0.140 0,120 0.100 0,80 0,60 0,40 0,20 0,0 140 30 20 10 10 . If Apple is a monopolist (i.e. RIM produces zero output), how many units does Apple produce? (5) b. If both firms operate in this market, what is the Courot-Nash equilibrium? (5) c. If both firms operate and form a Cartel, what are the possible combinations of output? (5) d. If Apple thinks that RIM will adjust its output dependent on how much Apple produces, how much should Apple produce? (5) . Apple thinks RIM will adjust output based on how much Apple produces. RIM thinks Apple will adjust output based on how much RIM produces. What are total industry profits? (5) 11. The following dagram presentations pouble level of opt for Apple and More quantities that Apple produces se indicated along the lemost, vertical com bol Poble que that RIM produces se indicated along the topmost, horizontal win bed. The probies that each form eams, as a function of the output of each fim, e indicated in the mats Pot ample, if apple penes 90 units and RIM produces 60 units, then Apple came 13 and Meam 7: The left met in each location is the profit Apple earns and the night number is the profit that RIM came RIM Apple Quantity 100 90 80 70 60 50 40 30 20 10 0 100 10.40 35,25 30-10-15,5 co 15,5 30,1035,15 0,20 75.25 120,0 90 25,520,-20 -12.8 0,0 13.7 25,15 30,2055,2570,0 100,2010 30 -10-208,-12 0,0 11.9 22,18 26,24 0,06535 90.10 120.0 160,0 170 -5-15 0.0 9.11 20,20 28.22 45,35 76.34 92,28 100,40 140,20 140,0 60 0,0 7.13 18.2222.28 40,40 75,35 90,30 175,25 740,20 725,15 7200 150 5.15 15.25 21.26 35.45 35,75 60,605,65 100,60 100,40 100.20 100.0 110 10,30 20,30 30,50 34.76 30,90 65,85 80,80 80,00 80,00 80,20 80,0 30 15,35 25,35 35.65 28,92 25,115 60,100 60,80 60,60 60.40 60,20 60,0 220 20,60 30,70 30,90 10.10020,140 40,100 40,80 40,60 10.10 10,20 40,0 10 25,75 20,100 20,120 20.10 15.125 20,100 20,80 20,60 20,40 20.20 20,0 0.80 0.1200,140 0.160 0.140 0.120 0,700 0,60 0.40 0,20 0,0 a. If Apple is a monopolist (.e. RIM produces zero output), how many units does Apple produce? (5) b. If both firms operate in this market, what is the Courot-Nash equilibrium? (5) c. If both firms operate and form a Cartel, what are the possible combinations of output? (5) d. If Apple thinks that RIM will adjust its output dependent on how much Apple produces, how much should Apple produce? (5) .. Apple thinks RIM will adjust output based on how much Apple produces. RIM thinks Apple will adjust output based on how much RIM produces. What are total industry profits? (5) 11. The following diagram presents various possible levels of output for Apple and RIM cell phones. Possible quantities that Apple produces are indicated along the leftmost, vertical column in bold. Possible quantities that RIM produces are indicated along the topmost, horizontal row in bold. The profits that each firm earns, as a function of the output of each firm, are indicated in the matrix. For example, if Apple produces 90 units and RIM produces 60 units, then Apple earns 13 and RIM earns 7: The left number in each location is the profit Apple earns and the right number is the profit that RIM earns. RIM Apple Quantit 100 90 NO 70 60 50 40 30 20 10 100 190 80 70 160 50 -40-40, -35-25-30-10-15-500 15.5 30.10 35.15 60,20 75,25 | 120.0 -25,-35-20-20 -12.- 80.0 13.7 25.133020 33.2570,30 100 20140,0 -10-20-8-12 0,0 11.9 22.182624 50 30 65,3590,30 |120.20 160,0 5.-75 0,0 9.11 20,2028.22145.35176.34 92.2810040140.20 140.0 0,0 7.13 18,2222.28 40,4075359030 115.25146,20 125,15120,0 5.15 15.25 24.2635.45 35.75 60,60856911006010040100, 20100.0 10.30 20.30 30.50 34,76 30.90 65.85 0.880,60 80.40 80.20 80,0 15,35 25,3535,65 28.92 25.115 s.ro 50.860,60 60.40 60,20 60,0 20,6030,7030.90 40.100 20,144.100 40.5 40,60 40.40 40,20 40.0 25.75 20,7002012020,140 15.125 20.100 20 80 20,60 20,40 20.20 20,0 0.1200,140 0.160 0.140 0,120 0.100 0,80 0,60 0,40 0,20 0,0 140 30 20 10 10 . If Apple is a monopolist (i.e. RIM produces zero output), how many units does Apple produce? (5) b. If both firms operate in this market, what is the Courot-Nash equilibrium? (5) c. If both firms operate and form a Cartel, what are the possible combinations of output? (5) d. If Apple thinks that RIM will adjust its output dependent on how much Apple produces, how much should Apple produce? (5) . Apple thinks RIM will adjust output based on how much Apple produces. RIM thinks Apple will adjust output based on how much RIM produces. What are total industry profits