Microeconomics, Student Value Edition Plus MyLab Economics with Pearson eText -- Access Card Package (9th Edition) (Pearson Series in Economics)
9th Edition
ISBN: 9780134643175
Author: Robert Pindyck, Daniel Rubinfeld
Publisher: PEARSON
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Chapter 12, Problem 5RQ
To determine
The advantage of the output setting firm under stackelberg model.
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Consider the market for sweaters in a Hamilton
neighbourhood shown in the figure to the right. The
consumer surplus generated by consuming the 29th
sweater is
OA. $67.90.
OB. $58.20.
○ C. $77.60.
OD. $38.80.
○ E. $19.50.
Price ($)
97
68.0
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29.0
Sweater Market
48.5
Quantity (Sweaters per week)
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Chapter 12 Solutions
Microeconomics, Student Value Edition Plus MyLab Economics with Pearson eText -- Access Card Package (9th Edition) (Pearson Series in Economics)
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