Suppose that the (inverse) market demand for good A is given by P = 400 - 2Q Where Q is total industry output. There are two firms that produce A. Each firm has a constant marginal cost of production equal to Rs.40 and they are competing in quantities. That is, they each choose production levels simultaneously. Calculate profit maximising total quantity
Equating both BR functions, q2 = 90 – 0.5 (90 - 0.5 q2) q2 = 90 – 45 + 0.25 q2 0.75 q2 = 45 q2 = 60 Also, q1 = 90 – 0.5 (60) = 90 – 30 = 60 Q = q1 + q2 = 120
What is the direction of point E with respect to A?
Janvi walks 200m towards the east and then turns right and walks 210m to reach a hospital. What is the shortest distance between the starting point and ...
How far and in which direction is point J from point E?
A @ W * R % Z * P, then W is in which direction with respect to P?
In which direction is point E with respect to point H?
Point Q is in which direction with starting point.
If point W is exactly in the middle of points H and A, then what is the direction of point B with respect to point W?
Sanjay walks 20 km in the north direction, then turns in the east direction and walks 4 km.Then in which direction he is now with respect to the start...
Santosh started from his house and walked 13m east, then he takes a left and walked 7m. Then again he takes a left and walks 8m. He finally takes right ...
