What is the Cournot equilibrium quantity for each firm, product price, and profit of each firm?

Consider a Cournot duopoly in which inverse demand is given by P = 120 − Q. Marginal cost of each firm is currently $60.

a. What is the Cournot equilibrium quantity for each firm, product price, and profit of each firm? Now assume that one of the firms develops a new technology that reduces marginal cost to $30.

b. If it keeps control of this innovation itself, what will be the new Cournot equilibrium outputs, product price, and profits of the two firms?

c. If it licenses the innovation to its rival at some per unit fee r, calculate the innovator’s profit as a function of r. What is the profit-maximizing value of r for the licensor?

find the cost of your paper

Former President Suharto of Indonesian once famously dismissed the concern over his country’s corruption by saying:

Former President Suharto of Indonesian once famously dismissed the concern over his country’s corruption by saying: Well you come out here from Washington with these high ideas to tell us….

Construct a clear vision and organising statement for this change to motivate and inspire the stakeholders.

For this task you will create a digital poster (900 words, excluding references) on which you outline for the need for change in response to the case study provided. The….

Suppose you are presented with the following regression equation involving health care expenditures and its determinants, where all of the variables have been defined previously.

Suppose you are presented with the following regression equation involving health care expenditures and its determinants, where all of the variables have been defined previously. E 5 500 2 25P….