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 p = 5 − .001(qb + qc). boors' marginal revenue function can be written mr = 5 − .001(2qb + qc) and while cudweiser's marginal revenue function can be written mr = 5 − .001(qb + 2qc). boors operates with out-of-date technology and has constant cost of mc = ac = $2 per unit, whereas cudweiser has mc = ac = $1 per unit. assuming the firms behave as cournot competitors, boor's best-response function is

Neon light company of kansas city ships lamps and lighting appliances throughout the country. ms. neon has determined that through the establishment of local collection centers around the country, she can speed up the collection of payments by one and one-half days. furthermore, the cash management department of her bank has indicated to her that she can defer her payments on her accounts by one-half day without affecting suppliers. the bank has a remote disbursement center in florida. a. if neon light company has $2.90 million per day in collections and $1.18 million per day in disbursements, how many dollars will the cash management system free up?

Robin hood has hired you as his new strategic consultant to him successfully transform his social change enterprise. robin has told you that he counting on your strategic management knowledge to him and his merrymen achieve their goals. discuss in detail what you think should be robin’s two primary strategic goals and continue by also explaining your analytical reasons that support your recommendations.

Because this market is a monopolistically competitive market, you can tell that it is in long-run equilibrium by the fact thatmr=mc at the optimal quantity for each firm. furthermore, a monopolistically competitive firm's average total cost in long-run equilibrium isless than the minimum average total cost. true or false: this indicates that there is a markup on marginal cost in the market for engines. true false monopolistic competition may also be socially inefficient because there are too many or too few firms in the market. the presence of the externality implies that there is too little entry of new firms in the market.