MATH 2250 Midterm: MATH 2250 UGA 2250 sol sp 2015
31 Jan 2019
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Spring, 2010: sherman and clayton acts, what is sec. I have drawn the demand and lrac curve for a regulated natural monopolist. (b. ) Draw in the lrmc curve that is consistent with a lrac curve that always slopes downward. (c. ) label the regulated price (pr) and quantity (qr) that would allow the regulated. 1: i have started o the model of the dominant rm and competitive fringe. 2: assume that mc= and use the following demand curve: Q: i have drawn and labelled the demand curve, d, use the mc curve and indicate the competitive output as qc, draw in the mr curve and indicate the monopoly output as qm. 3: using qm and qc from the last question, draw the cournot reaction functions for. Rms 1 and 2, assuming two rms in the industry: label the appropriate curve as r1 or r2, label the cournot equilibrium and q , using inequalities rank output under cournot (qcournot), qc, and qm.
