P=100-30+4A1/2 and TC=4Q2+10Q+A Where p= Price ,Q=quantity , A=advertising
a) Find the equilibrium of quantity and advertisement price
b) Compute the degree of monopoly power
P=100-30+4A1/2 and TC=4Q2+10Q+A Where p= Price ,Q=quantity , A=advertising
a) Find the equilibrium of quantity and advertisement price
b) Compute the degree of monopoly power
3 answers
that is good question
very difficult to view.