Question
a) Firm 1's MAC equals MAC1(e1) = 6 2e1, for e1 3. Firm 2's MAC equals MAC2(e2) = 8 e2, for e2 8. Firm 3's
a) Firm 1's MAC equals MAC1(e1) = 6 2e1, for e1 3. Firm 2's MAC equals MAC2(e2) = 8 e2, for e2 8. Firm 3's MAC equals MAC3(e3) = 2 e3, for e3 2. (Hint: look at example 2 from Lecture 11).
What are the e values?
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International Economics
Authors: Dominick Salvatore
11th edition
978-1118177938, 1118177932, 1119915732, 978-1118476017, 1118476018, 978-1119915737
