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Answer it correctly please. I will rate accordingly with multiple votes. This is my last attempt. Answer only if 100% correct. Explain briefly. Ty-ped answer
Answer it correctly please. I will rate accordingly with multiple votes. This is my last attempt. Answer only if 100% correct. Explain briefly. Ty-ped answer only.
The following table presents the Demand Schedule and Profits for Smart Phones. Quantity Price Profit 0 $1400 $0 25 1300 27500 50 1200 50000 75 1100 67500 100 1000 80000 125 900 87500 150 800 90000Question Completion Status: 100 1000 80000 125 900 87500 150 800 90000 175 700 87500 200 600 80000 225 500 67500 250 400 50000 275 300 27500 300 200 0 Suppose the market for smart phones is a duopoly and the two firms in the market are Apple and Samsung make exactly the same phones hut with different.250 400 50000 275 300 27500 300 200 0 Suppose the market for smart phones is a duopoly and the two firms in the market are Apple and Samsung. Both Apple and Samsung make exactly the same phones but with different names: iPhone and The Galaxy. Assume a constant marginal cost of $200 and no fixed costs. What is the Nash Equilibrium price for The Galaxy? $700 $600 $800 $500 and Submit to save and submit. Click Save All Answers to save all answersStep by Step Solution
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