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Suppose There Are Two Firms,Boors and Cudweiser,each Selling Identical-Tasting Nonalcoholic

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Suppose there are two firms,Boors and Cudweiser,each selling identical-tasting nonalcoholic beer.Consumers of this beer have no brand loyalty so market demand can be expressed as Suppose there are two firms,Boors and Cudweiser,each selling identical-tasting nonalcoholic beer.Consumers of this beer have no brand loyalty so market demand can be expressed as .Boors marginal revenue function can be written MR<sub>B</sub> = 5 - .001(2Q<sub>B</sub><sub> </sub>+ Q<sub>C</sub>) (and symmetrically for Cudweiser) .Boors operates with out of date technology and has constant cost of (MC = AC) $2 per unit where as Cudweiser has constant cost of $1 per unit.Assuming the firms behave as Cournot competitors,Boor's best-response function is A) B) C) D) .Boors marginal revenue function can be written MRB = 5 - .001(2QB + QC) (and symmetrically for Cudweiser) .Boors operates with out of date technology and has constant cost of (MC = AC) $2 per unit where as Cudweiser has constant cost of $1 per unit.Assuming the firms behave as Cournot competitors,Boor's best-response function is


A) Suppose there are two firms,Boors and Cudweiser,each selling identical-tasting nonalcoholic beer.Consumers of this beer have no brand loyalty so market demand can be expressed as .Boors marginal revenue function can be written MR<sub>B</sub> = 5 - .001(2Q<sub>B</sub><sub> </sub>+ Q<sub>C</sub>) (and symmetrically for Cudweiser) .Boors operates with out of date technology and has constant cost of (MC = AC) $2 per unit where as Cudweiser has constant cost of $1 per unit.Assuming the firms behave as Cournot competitors,Boor's best-response function is A) B) C) D)
B) Suppose there are two firms,Boors and Cudweiser,each selling identical-tasting nonalcoholic beer.Consumers of this beer have no brand loyalty so market demand can be expressed as .Boors marginal revenue function can be written MR<sub>B</sub> = 5 - .001(2Q<sub>B</sub><sub> </sub>+ Q<sub>C</sub>) (and symmetrically for Cudweiser) .Boors operates with out of date technology and has constant cost of (MC = AC) $2 per unit where as Cudweiser has constant cost of $1 per unit.Assuming the firms behave as Cournot competitors,Boor's best-response function is A) B) C) D)
C) Suppose there are two firms,Boors and Cudweiser,each selling identical-tasting nonalcoholic beer.Consumers of this beer have no brand loyalty so market demand can be expressed as .Boors marginal revenue function can be written MR<sub>B</sub> = 5 - .001(2Q<sub>B</sub><sub> </sub>+ Q<sub>C</sub>) (and symmetrically for Cudweiser) .Boors operates with out of date technology and has constant cost of (MC = AC) $2 per unit where as Cudweiser has constant cost of $1 per unit.Assuming the firms behave as Cournot competitors,Boor's best-response function is A) B) C) D)
D) Suppose there are two firms,Boors and Cudweiser,each selling identical-tasting nonalcoholic beer.Consumers of this beer have no brand loyalty so market demand can be expressed as .Boors marginal revenue function can be written MR<sub>B</sub> = 5 - .001(2Q<sub>B</sub><sub> </sub>+ Q<sub>C</sub>) (and symmetrically for Cudweiser) .Boors operates with out of date technology and has constant cost of (MC = AC) $2 per unit where as Cudweiser has constant cost of $1 per unit.Assuming the firms behave as Cournot competitors,Boor's best-response function is A) B) C) D)

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