EBK MICROECONOMIC THEORY: BASIC PRINCIP
EBK MICROECONOMIC THEORY: BASIC PRINCIP
12th Edition
ISBN: 8220103612135
Author: Snyder
Publisher: YUZU
Question
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Chapter 15, Problem 15.13P

a)

To determine

To find: Comparison of posted prices with cost, checking its positivity or negativity, and allocation of surplus.

b)

To determine

To find: Example of real world that seems to be priced as in part(a).

c)

To determine

To find:

Whether the deviation is unprofitable or not.

d)

To determine

To find:

Forces leading to an unprofitable deviation.

e)

To determine

To find:

Nash equilibrium and its comparison.

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