Example Suppose the inverse demand function for two firms in a homogeneous-product
Stackelberg duopoly is given by
P=50-(Q+ Q2)
and the cost functions for the two firms are
C, (Q₂)=2Q,
C2(Q2)=2Q2
Firm 1 is the leader, and firm 2 is the follower.
What is firm 2's reaction function?
What is firm 1's output?
What is the market price?

Micah solves a linear equation and concludes that x = 0 is the solution. his work is shown below. (1 – 3x) = 4(– + 2) 0 = x which statement is true about micah’s solution?

The graph shows the function f(x) = (2.5)x was horizontally translated left by a value of h to get the function g(x) = (2.5)x–h.

The equation of a circle is (x - 3)2 + (y - 7)2 = 25. determine the length of the radius. 4 25 12.5 5 write the standard equation of the circle with center (2, 3) and a diameter of 12. (x - 2)2 + (y - 3)2 = 36 (x + 2)2 + (y + 3)2 = 12 (x - 2)2 + (y - 3)2 = 6 (x - 3)2 + (y - 2)2 = 36 the equation of a circle is (x + 3)2 + (y + 7)2 = 25. where is (3, 4) located in relation to the circle? on the circle in the interior of the circle in the exterior of the circle at the center of the circle