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What is the duopoly Cournot equilibrium if the market demand function is Q = 4,000 -100p, and each rm's marginal cost is $0.28 per unit?
What is the duopoly Cournot equilibrium if the market demand function is Q = 4,000 -100p, and each rm's marginal cost is $0.28 per unit? The CournotNash equilibrium occurs where q1 equals D and q2 equals |:|. (Enter numeric responses using real numbers rounded to two decimal pieces.) Furthermore, the equilibrium occurs at a price of $|:|. (round your answer to the nearest penny) How would the Cournot equilibrium change in the airline example if American's marginal cost were $50 and United's were $100? The demand the duopoly quantity-setting firms face is Q = 339 - p with an inverse demand function of p = 339 - 1qA - 1qu. where qA is the quantity produced by American and qu is the quantity produced by United. The Cournot-Nash equilibrium occurs where qA equals and qu equals . (enter numeric responses using integers) Furthermore, the equilibrium occurs at a price of $ . (round your answer to the nearest penny)How would the Intel-AMD equilibrium in the Solved Problem 13.2 change if AMD faced the same demand function as Intel? Intel and Advanced Micro Devices (AMD) are the only two firms that produce central processing units (CPUs), which are the brains of personal computers. Both because the products differ physically and because Intel's advertising "Intel Inside" campaign has convinced some consumers of its superiority, consumers view the CPUs as imperfect substitutes. Consequently, the two firms' inverse demand functions differ: PA = 490 - 10qA - 691 and p1 = 490 - 10q1 - 69A' where price is dollars per CPU, quantity is millions of CPUs, the subscript I indicates Intel, and the subscript A represents AMD. Each firm faces a constant marginal cost of m = $230 per unit. (For simplicity, we will assume there are no fixed costs.) Solve for the Cournot equilibrium quantities and prices. The Cournot equilibrium quantities are 9A = million CPUs and q = million CPUs. (Enter numeric responses using real numbers rounded to two decimal places.)The firms in a duopoly produce differentiated products. The inverse demand for Firm 1 is P1 = 112 - q1 - 0.592. The inverse demand for Firm 2 is P2 = 100- 92 - 0.5q1. Each firm has a marginal cost of m = $1 per unit. Solve for the Nash-Cournot equilibrium quantities. The Cournot equilibrium quantities are 91 = units and 92 = units. (Enter your responses rounded to two decimal places.)
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