Tions of Bertrand's duopoly mole? ( 2 pt.) 5. What are Cartels? (1 pt.)
IV. Work out questions (4 marks)
Suppose that the demand function facing two duopolistic under Cournot's model is
Q = 250-10/25p, where Q = Qi+Q2
and the cost function are
Cl = 10 Q, and C2 = 20Q2
Then
a) Derive the reaction function of each dupoplist.
b) Determine the price and output of each firm
c) Calculate the profit level of each firm
d) Show graphically the cournots stable equilibrium point!

Lasting peace is possible today because we have learned from the experiences of the last 30 years that peace is a process requiring mutual restraint and practical arrangements. this conference is a part of that process – a challenge, not a conclusion. we face unresolved problems in europe; we face them with very real differences in values and aims. but if we deal with them with careful preparation,…we have the right to expect real progress

Alyeska services company, a division of a major oil company, provides various services to the operators of the north slope oil field in alaska. data concerning the most recent year appear below: sales $18,000,000 net operating income $6,300,000 average operating assets $35,200,000 1. compute the margin for alyeska services company. (round your answer to 2 decimal places.) 2. compute the turnover for alyeska services company. (round your answer to 2 decimal places.) 3. compute the return on investment (roi) for alyeska services company. (round your intermediate calculations and final answer to 2 decimal places.)

On january 1, 2017, sophie's sunlounge owned 4 tanning beds valued at $20,000. during 2017, sophie's bought 3 new beds at a total cost of $14 comma 000, and at the end of the year the market value of all of sophie's beds was $24 comma 000. what was sophie's net investment