Asked by Adugna

Given P=140-0.6Q, TC1=7q1, TC2=0.6q2 the power of 2. A. Determine the short run equilibrium output of each duopoly ignoring their Independence ( with naive assumptions). B. What is the short run market price ? C. Find the demand functions of the duopolies ( the reactions curves or graphic solution of cournot model & draw) & show the short run output levels. D. calculate the short run profit of each duopoly & the industry profit. E. verify the economic profit of each duopoly graphically.
Answered by Getachew
what is the short run market price?
Answered by surafel
Given P=140-0.6Q, TC1=7q1, TC2=0.6q2 the power of 2. A. Determine the short run equilibrium output of each duopoly ignoring their Independence ( with naive assumptions). B. What is the short run market price ? C. Find the demand functions of the duopolies ( the reactions curves or graphic solution of cournot model & draw) & show the short run output levels. D. calculate the short run profit of each duopoly & the industry profit. E. verify the economic profit of each duopoly graphically.
Answered by murtesa
its not clear for me
Answered by Kebeki rafisa
Yes enable me
Answered by 𝕐𝕠𝕞𝕚𝕗
𝕄𝕚𝕔𝕣𝕠
Answered by Alemayehu
P=140-0.6Q, TC1=7q1, TC2=0.6q2 the power of 2. A. Determine the short run equilibrium output of each duopoly ignoring their Independence ( with naive assumptions). B. What is the short run market price ? C. Find the demand functions of the duopolies ( the reactions curves or graphic solution of cournot model & draw) & show the short run output levels. D. calculate the short run profit of each duopoly & the industry profit. E. verify the economic profit of each duopoly graphically.
Adugna
Apr 28, 2016
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