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Title: On the planet Economus, the demand for Kryptonite is: QD = 24.08 - 0.06P P = 401 - 16 QD. ... Post by: nakungth on Oct 25, 2017 On the planet Economus, the demand for Kryptonite is:
QD = 24.08 - 0.06P P = 401 - 16 QD. There are four producers of Kryptonite on the planet who have formed a Kryptonite Cartel. The resulting marginal revenue function for the cartel is: MR(Q) = 401 - 33 Q. The marginal costs for producing Kryptonite for the 4 different producers are: MC1 ( q1) = q1, MC2 ( q2) = 1.5 q2, MC3 ( q3) = 2 q3, MC4 ( q4) = 2.5 q4. Determine the Cartel profit maximization output levels of each producer. If producer #2 cheats and produces 50% more than their collusive output level, determine their new revenue level. Title: Re: On the planet Economus, the demand for Kryptonite is: QD = 24.08 - 0.06P P = 401 - 16 QD. ... Post by: Canih on Oct 25, 2017 Content hidden
Title: Re: On the planet Economus, the demand for Kryptonite is: QD = 24.08 - 0.06P P = 401 - 16 QD. ... Post by: nakungth on Aug 15, 2018 A+ answer, ty
Title: Re: On the planet Economus, the demand for Kryptonite is: QD = 24.08 - 0.06P P = 401 - 16 QD. ... Post by: Laura Bumbure on Oct 27, 2021 TNX
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