Suppose a duopoly with homogenous product. Explain what are the effects on firms' profits of having a very harsh competitive stance (think about Bertrand duopoly). Describe the strategies firms can adopt in order to try to increase their profits.

Q: Which activity would the "Depression Generation" most likely avoid? Your answer: O Paying cash for a…

A: Depression generally occurs when there is loss of demand by the individual, i.e., aggregate…

Q: cyrpto-currenty

A: Digital currency refers to currency that exists only in electronic form. These currencies lack a…

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A: Scarcity refers to the limited availability of resources, that are used to produce goods and…

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A: Given   Year 1 Year2 Output 8000 9000 Employment 700 800 Unemployment 70 100

Q: IF the amount of the APS is 0.6 calculate the APC???

A: Average propensity to consume is the ratio of consumption and the national income. Whereas, average…

Q: of

A: Answer: This is a lively image of the ecosystem. The weather seems to be very clean. The sunrays…

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A: Telescopes plays an important role as they help to gather light and to see information in the images…

Q: What is current price of BTT in USD ?

A: BTT stands for Bit torrent token. It is a token of cryptocurrency.

Q: Discuss with Your Group Do you think NFTS will get

A: A fungible asset in economics is something that has easily interchangeable units, such as money.When…

Q: None

A: OPTION D - All of the above Leakages refer to outflow of funds from the process consumption,…

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A:

Q: 5. Answer the following questions about the following PPC graph. 1. At point A, what is the quantity…

A: The production possibility curve (PPC), also known as the production possibility frontier, is a…

Q: 2. What is the margin of error for the 90% confidence interval?

A: A margin error describes how many %  points of your result will vary from actual population value.…

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A: Investors and market analysts watch for return on equity to evaluate the efficiency.

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A: Consumer surplus refers to the area above the price in below the demand curve. It is the difference…

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A: Price ceiling:It is a situation when the government controls the prices of goods and services to…

Q: Which of the following statements are true? Choose one or more: DA They will borrow between the ages…

A: Income is the money that an individual or business receives in exchange for providing a good or…

Q: How were the small business before Covid 19?

A: Corona virus disease 2019 (COVID-19) is a communicable disease caused by a newly discovered corona…

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A: An individual will work till his utility from work is greater than or equal to utility from the…

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A: The law of supply states that there is a positive relationship between the price and quantity…

Q: 10. Fiscal policy and investment. Read Focus Box "Deficit Reduction: Good or Bad for Investment?" In…

A: Macroeconomics is a branch of economics focused on the behavior and performance of an economy as a…

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A: We know that: X=-50000/P*Q By substituting values X=-50000/(P*(4.3103-1.39*ln P)) Since initial P is…

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A: Economics matters is the sociol scientist that concentrates on the creation, circulation, and…

Q: )Other Tades roules a pakistan. (Pasey s s af

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A: There are many sub-parts of the question. As per honor code, we can only provide solution of first…

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A: An imposition of a unit tariff refers to the levying of a fixed amount of tax or duty on the import…

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A: The final value of goods and services being produced in an economy during specified period of time…

Q: Nash equilibria

A: (a) Players:Player 1: You (choosing between running together or solo)Player 2: Your friend (choosing…

Q: The revenue from the sale of a product is, in dollars, R = 1500x + 9000(2x + 3)-¹-1000 where x is…

A: Marginal revenue refers to the revenue obtained from the sale of an extra or additional unit of…

Q: C is 200 and Y is 1003 Find APS and APY

A: Given: Consumption = 200 Income = 1003

Q: ons) F X ChatGPT 272276#0f7fee7d-5344-48c9-98e7-5aabebadcdde nson, Saniyah C The table above…

A: The Production Possibilities Frontier(PPF) is a graph that shows all the different combinations of…

Q: The [Select] promotes competition.

A: The FTC (Federal Trade Commission) is an anti trust law which aims to enforce the rules of the…

Q: I need answer typing clear urjent no chatgpt used i will give upvotes

A:

Q: hat is the temperature if you hear 76 chirps per minute?

A: Chirps = 76 per min

Q: how was the tarrif calculated.?

A: Tariff is the method used to control the demand and supply.  Tariff revenue is the product of tariff…

Q: There is a malfunction in the braking system of a popular car. What is the Consumer Product Safety…

A: The Consumer Product Safety Commission (CPSC) is a federal agency in the United States that protects…

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Q: A good that is neither excludable nor rivalrous is known as O a private good O an inferior good O a…

A: A public good is a good that is available to all the members of society. It is not possible to…

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A: Risk is characterized as the likelihood that the actual returns on an outcome or investment will…

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A: a.) If a customer's complaint about a construction project pertains to work that did not satisfy…

Q: Nay the data in a dot plot. Identify any clusters, peaks, or gaps in the dath 12. Camper…

A: Answer is given below

Q: What the impact Covid19 in small business?

A: The impact of global pandemic of COVID-19 to the whole world is huge. In the case of small business,…

Q: Define reciprocity.

A: Reciprocity is a concept of behavioral economics and does not involve economic exchange.