Mathematics, 02.01.2020 22:31 anishivaturi123
Suppose that the inverse demand for a downstream firm is p = 150 β q. its upstream division produces a critical input with costs of cu(qd) = 5(qd)2. the downstream firm's cost is cd(q) = 10q. when there is no external market for the downstream firm's critical input, the marginal revenue for the downstream firm is:
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Suppose that the inverse demand for a downstream firm is p = 150 β q. its upstream division produces...
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