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Jan 08, 2019·B) Producers, $80, $10. C) Consumers, $100, $10. D) Producers, $100, $10. E) Producers, $80, $20. Q6. If A & B are substitutes and the cost of an input used in the production of A increases, the price of. i) A and B rise; ii) B rises but A falls; iii) B falls but A rises; iv) A rises but B stays the same. Q7.

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Get through these 7 stages, and you’re golden. Happy midterms, everyone and make sure to FOLLOW US ON INSTAGRAM for our model contest HERE. 1. DENIAL. One word: procrastination. 2. SHOCK & PANIC. MY TEST IS TOMORROW!? 3.

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Get through these 7 stages, and you’re golden. Happy midterms, everyone and make sure to FOLLOW US ON INSTAGRAM for our model contest HERE. 1. DENIAL. One word: procrastination. 2. SHOCK & PANIC. MY TEST IS TOMORROW!? 3.

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e) In Stackelberg with Macrosoft as leader, Macrosoft chooses both xx12, to maximize profits π1121=−−()2xxx subject to Peach’s reaction function xx21=−22/ as a constraint. Substitute into profit to find π11 1111=−−− =−( ( /)) ( /)222 2xxxxx. Differentiate to find −=x1 0 . So even if Macrosoft is the Stackelberg leader, Peach still

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Midterm Exam Answers: Economics 101 - dklevine

e) In Stackelberg with Macrosoft as leader, Macrosoft chooses both xx12, to maximize profits π1121=−−()2xxx subject to Peach’s reaction function xx21=−22/ as a constraint. Substitute into profit to find π11 1111=−−− =−( ( /)) ( /)222 2xxxxx. Differentiate to find −=x1 0 . So even if Macrosoft is the Stackelberg leader, Peach still

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Jan 08, 2019·B) Producers, $80, $10. C) Consumers, $100, $10. D) Producers, $100, $10. E) Producers, $80, $20. Q6. If A & B are substitutes and the cost of an input used in the production of A increases, the price of. i) A and B rise; ii) B rises but A falls; iii) B falls but A rises; iv) A rises but B stays the same. Q7.

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e) In Stackelberg with Macrosoft as leader, Macrosoft chooses both xx12, to maximize profits π1121=−−()2xxx subject to Peach’s reaction function xx21=−22/ as a constraint. Substitute into profit to find π11 1111=−−− =−( ( /)) ( /)222 2xxxxx. Differentiate to find −=x1 0 . So even if Macrosoft is the Stackelberg leader, Peach still