Who developed a duopoly model to show how two firms compete in the quantity of a good they supply?

Answers

Answer 1

The duopoly model that demonstrates how two firms compete in the quantity of a good they supply was developed by Antoine Augustin Cournot in 1838. This model is known as Cournot's duopoly model or Cournot competitionThe duopoly model was first developed by Antoine Augustin Cournot in 1838 to demonstrate how two firms compete in the quantity of a good they supply.

In a duopoly, two firms have significant market power, which allows them to affect the price and quantity of the good supplied. The model analyzes the strategic interactions between the firms, taking into account each firm's production decisions, costs, and profits. This model has been influential in the field of economics, as it offers insights into market outcomes and the behavior of firms in oligopolistic markets.

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Related Questions

Commercial hotels are usually in downtown or _____________ districts.

Answers

The answer is Business Districts

Answer:

buisness

Explanation:

Which of the following is true when workers specialize in the production of one good

A) there is increased competition among the producers of similar goods

B) The quantity of output produced by the worker increases

C) The satisfaction of the worker increases

D) The cost of producing the good increases

Answers

The statement that is true when workers specialize in the production of one good is: A) there is increased competition among the producers of similar goods.

What is specialization?

Specialization  means to be an expertise when it comes to production of goods and service.

When employee are specialize in the production of goods it tend to lead to more competition between manufacturer that produce similar products.

Therefore the correct option is A.

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According to taylor's principles, which of these might help to improve workers' productivity?

Answers

According to Taylors principles the option that wouldn't help to improve the productivity of workers would be to carefully select workers according to their abilities and give workers training.

What does it mean to give workers training?

This has to do with all of the activities that the business would have to carry out by carefully choosing to ensure that the workers are well trained in all of the departments that they are to work. The business would do this by organizing trainings and other forms of seminars foir the the workers.

What it means to work according to ability?

This means getting people to work in the areas that they are known to be best suited. Based on the ways that they have shown their skills and their experiences, they can be selected to work in the departments.

Hence we can say that According to Taylors principles the option that wouldn help to improve the productivity of workers would be to carefully select workers according to their abilities and give workers training.

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Staples pays George Nagovsky an annual salary of $37,200. Today, George's boss informs him that he will receive a $5,500 raise. What percent of George's old salary is the $5,500 raise? (Round to the nearest tenth percent.)

Answers

Answer:

the percentage is 14.79%

Explanation:

The computation of the percentage is shown below:

= Raise salary ÷ annual salary

= $5,500 ÷ $37,200

= 14.79%

Hence, the percentage is 14.79%

We simply applied the above formula so that the correct percentage could arrive

1. Buyers, sellers, and producers all have someone else they are competing with for economic benefits. This is known as:
O competition
O monopoly
O collusid
O cartels

Answers

Answer:monopoly

Explanation:

What is business overview

Answers

Answer:

A company overview (also known as company information or a company summary) is an essential part of a business plan. It's an overview of the most important points about your company—your history, management team, location, mission statement and legal structure.

Explanation:

Answer:

It is an essential part of a business plan. It's an overview of the most important points about your company.

Explanation:

Hope this helps!

3. What is an annual percentage rate (APR)? Describe one similarity and one
difference between the APR and the interest rate on a credit card or loan. Why
would the APR differ from a creditor's posted interest rate? In your response, also
explain how borrowers can use the APR to evaluate loan options, and describe why
borrowers should be wary of low introductory APRs. (8 points)
7

Answers

An annual percentage rate, or APR, is a figure that expresses the entire cost of borrowing money as a proportion of the loan's principle. An accurate picture of how much it costs to borrow money is intended to be provided by the APR on a loan or credit card.

What is annual percentage rate?

The term annual percentage rate of charge refers to the interest rate for an entire year rather than just a monthly fee or rate as applied on a loan, home loan, credit card, etc. It can also be referred to as a nominal APR or an effective APR. It is an annual rate of a finance charge. An annual percentage rate, or APR, is a figure that expresses the entire cost of borrowing money as a proportion of the loan's principle. An accurate picture of how much it costs to borrow money is intended to be provided by the APR on a loan or credit card.

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A credit union

Question 3 options:

is larger than most banks


promotes good spending habits among its members


will allow anyone to join


provides financial service at a higher cost than a bank

Answers

Answer: A credit union promotes good spending habits among its members.

3 x square minus 2 root 6 X + 2 = 0​

Answers

Answer:

-0.8462

Explanation:

__________ visually shows that the total revenue curve and the total cost curve intersect at a point of zero profit.

A) break-even chart

B) Gantt chart

C) sales response function

D) cross tabulation

E) demand curve

Answers

Answer:

C it would be hope this helped

When a company obtains the rights to use the intangible asset previously created by another firm for a fee. This is an example of ________.
a. multibranding
b. positioning
c. co-branding
d. licensing
e. None of the above

Answers

When a company obtains the rights to use an intangible asset previously created by another firm for a fee, it is an example of licensing (option d).

Licensing allows a company to access and utilize intangible assets, such as trademarks, patents, or copyrights, owned by another entity. Licensing refers to a contractual agreement between two parties, where the owner of an intangible asset grants permission to another company to use that asset in exchange for a fee or royalty payment. This arrangement allows the licensee (the company obtaining the rights) to benefit from the use of the intangible asset without having to create or develop it from scratch. By licensing an intangible asset, a company can leverage the existing reputation, brand recognition, technology, or other valuable intellectual property owned by another firm. This can provide several advantages, such as expanding product offerings, entering new markets, or enhancing the competitiveness of the licensee's products or services. It is a mutually beneficial arrangement where the licensor generates revenue from licensing fees, while the licensee gains access to valuable intangible assets without the need for significant investment in research, development, or brand building.

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I will give out the brain thing (idk what it’s called) to whoever has the best answer on getting it. It can be serious, funny, sad, etc. Good luck!

Answers

Buy a visa card from a store add money on it and buy brain thing  with it

Why does this have me so confused hahahah

If you want to know whether a company had a profit or a loss during a specific period of time, which financial statement would be most helpful?
A.
Statement of owners' equity
B.
Cash flow statement
C.
Balance sheet
D.
Income statement

Answers

Answer:

The answer is D. Income statement

Explanation:

Answer:

D. income statement

Explanation:

i took the test

What would happen to the demand curve for a particular brand of shampoo if a famous movie actress with beautiful hair announces that it is the best shampoo she has ever used?

Answers

Answer:

this causes the demand curve to shift to the right from D0 to D1

Explanation:

When a famous movie actress with beautiful hair endorses a shampoo as the reason that she has such beautiful hair, this causes the demand for that product to increase drastically. This is because everyone sees this endorsement and actually believes that if they buy that shampoo they will also have beautiful hair like the actress. Therefore, demand increases and as it increases this causes the demand curve to shift to the right from D0 to D1

Business Cycle
A
B
D
С
Public Domain
Which point of the business cycle represents a peak?
00
E

Business CycleABDPublic DomainWhich point of the business cycle represents a peak?00E

Answers

Answer:

A $ E

Explanation:

Business cycles are the fluctuations in economic activities, as indicated in varying GDP values. A full business cycle will have the economy experience periods of boom or peak and trough, which is the downturn.

The peak season is when the economy is operating at its optimal level. The economy is experiencing increased activities resulting in a high GDP value. Business and people incomes are high, while the rate of unemployment is low. The economy is flourishing at the peak period. In the graph points, A and E represents the peak.

Answer:

The answer is E.

Explanation:

A peak is the turning point from growth to decline, in which production has reached the highest level. In the graph, both A and E peak.

Also, I took the quiz and got a 100%.

The Rest of the Question:

Public Domain

Which point of the business cycle represents a peak?

B

C

D

E


Which type of interest does not change over the life of a loan?
Principal interest
Fixed interest
Variable interest
Annual percentage rate

Answers

Answer:

Fixed interest

Explanation:

A fixed-rate mortgage charges a set rate of interest that does not change throughout the life of the loan. You'll know exactly how much each monthly payment will be, as well as how much it will cost you overall to pay off the loan based on that rate.

What is the new law the American government enacted for promoting small businesses in the country?

O The Small Businesses Act of 1954.
O The Small Businesses Act of 1953.
O The Small Businesses Act of 1955.
O The Small Businesses Act of 1958.

Answers

Answer:

The Small Businesses Act of 1953.

Explanation:

In the United States of America, majority of the competitive landscape or business environment is made up of small business enterprise.

The Small Business Administration (SBA) is an agency of the federal government that is saddled with the responsibility of providing both managerial and financial assistance to small businesses in the United States of America.

The Small Businesses Act of 1953 was enacted as an Act of Congress on the 30th of July, 1953 by the Congress of the United States of America to create the Small Business Administration (SBA).

Hence, SBA was established in 1953 as an autonomous (independent) agency of the government of the United States of America to aid, counsel, assist and protect American entrepreneurs and to preserve small business institutions.

Generally, it is saddled with the responsibility of providing both managerial and financial assistance and counseling to small businesses in order to bolster the American economy.

The small business administration (SBA) serves as an intermediary between entrepreneurs and investors or creditors, so as to provide them with the necessary funds required to plan, start and grow their business.

Basically, SBA provides services such as entrepreneurial development, access to funds, advocacy and contracting to small businesses (entrepreneurs) in the United States of America.

In conclusion, the Small Businesses Act of 1953 was the new law the American government enacted for promoting small businesses in the country.

If someone stole from you ... and you stole it back ... would you technically still be stealing it ? .


if time=money is an ATM a time machine . (0¿0)

Answers

Answer:

yes that would still be stealing unless you where taking back what they stole from you but if you take a random thing that wasn't yours to begin with that would be stealing

Answer:

No you are simply taking back what was yours however, like Charleheighstidham, said if you take something of theirs then you are stealing

Time is abstract money not literal money so no to that but it would be awesome if atm machines were time machines

Explanation:

Find a current news article (within one week) related to business or technology. Your article can be from a newspaper, the
Internet, or a magazine. You should then use the attached organizer to record information from your article.
2. Using the information from your organizer, write a summary of your current event article.

The summary should include:
• the article headline
• the name of the source of the article
• who the article is about
• what the article is about
• where the events take place and when the events take place
• 2-3 important events or information that help the audience understand what
your article is about
• an explanation of why you chose the article – please do not say you selected it
because it was interesting. Instead address why the information is important,
how you feel about it, what action you think should be taken, or what you
would do to solve the problem. **This is very important and should be at
least 3-4 sentences.
3. Neatly complete the Current Events Report form. You may type your final report if
you prefer.
4. Staple your Current Events Report form and article together to be turned in.
5. Be prepared to read your summary to the class and to answer any relevant questions.

PART 1:

Current Events Organizer
(This does not need to be turned in. This is for planning purposes only)
A good newspaper article always includes the 5 W’s. When writing your summary,
be sure to include the following:
• Article Headline: ________________________________________________________
• Name of your source; newspaper, website, magazine (underlined):
___________________________________________________________________________
• What is the article about?:
___________________________________________________________________________
___________________________________________________________________________
___________________________________________________________________________
___________________________________________________________________________
• Where does it take place?: ________________________________________________
• When does it take place?: _________________________________________________
• Other important details:
___________________________________________________________________________
___________________________________________________________________________
___________________________________________________________________________
___________________________________________________________________________
• Why did you choose this article? (Do not say, “Because it was interesting.”
Instead, address why the information is important, how you feel about it, what
action you think should be taken, or what you would do to solve the problem.)
**This is very important and should be at least 3-4 sentences.
___________________________________________________________________________
___________________________________________________________________________
___________________________________________________________________________
___________________________________________________________________________



TURN IN PART 2:

Name ______________________________ Date _________________________
Current Events Report
Article Title: _______________________________________________________________
Source: ____________________________________________________________________
Article Date: __________________________________
News Type: World United States Local Sports
Weather/Technology/Economy/Politics
Summary:
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________

Answers

Answer:

Everyone has seen organizations and agencies make a case for their cause on the television, newspaper and radio. We have all heard stories about how a media consultant has helped improve a political candidate's image by cleverly manipulating the press. There are many ways you can use the media to the benefit of your cause. This section introduces you to working with the media.

WHAT ARE THE MEDIA AND MEDIA ADVOCACY?

Media, which is the plural form of 'medium', are the forms of communication – television and radio; newspapers, magazines, and written materials (or "print media"), and, more often now, the Internet – used to spread or transmit information from a source (which can be a person, an organization, a business, an institution, a government agency, a policy maker, or another media outlet) to the general public.

Advocacy means openly supporting a certain viewpoint or group of people. If you are an advocate for a specific cause, you work to persuade local, state, or federal governments or other entities to grant specific rights, make policy changes, provide money, or create new laws for the good of your cause. For example, if you have a child with a disability, you might advocate for the increased availability of medical services for handicapped children in your city.

Media advocacy is the use of any form of media to help promote an organization's or a company's objectives or goals, which come from the group's vision and mission. For example, suppose you’re a media advocate for a non-profit agency working to reduce gang violence in your neighborhood. You would try to present neighborhood issues related to gang violence and the changes you want to make in such a way that you:

Change the way community members look at gang violence. You might want to make it clear who it affects and why, or why kids get involved in gangs in the first place.

Create a reliable, consistent stream of publicity for your agency's issues and activities, including articles and news items about the causes and results of gang violence and about what your agency’s work entails; personal interest stories; success stories; interviews with agency staff and current and former gang members, etc..

Motivate community members and policy makers to get involved.  You probably have ideas about what could be done with public funding, or with government policies that addressed gang violence. You might have volunteer opportunities, or want to publicize a city- or state-sponsored initiative that needs public input and support.  Or perhaps you’re trying to raise money for your work. The media can help with all of these...if you know how to work with them.

Media advocates, or the people who work to attract publicity for organizations and causes, know that the media can get a public or social policy message across to the largest audience possible in the least amount of time.

As a media advocate, you can use the media to:

.

Explanation:

will give brainliest

will give brainliest

Answers

The answer is c. Little competition

when a company practices price discrimination, it will keep adding customers until the point where the last customer's marginal benefit equals the marginal quantity. company's marginal cost exceeds the last customer's marginal benefit. last customer's marginal benefit exceeds the company's marginal cost. company's marginal cost equals the last customer's marginal benefit.

Answers

When a company practices price discrimination, it will keep adding customers until the point where Company's marginal cost equals the last customer's marginal benefit.

The price or marginal cost will increase until it equals the marginal benefits of the final consumers, at which time the company will stop adding customers.

Because going over that will result in deadweight loss and an increase in production costs, businesses won't start adding customers until their marginal costs are equal to their last customers' marginal benefits.

As a marketing strategy, pricing discrimination involves charging customers different prices for the same commodity or service depending on what the vendor thinks will win the client over. A business that uses pure price discrimination will charge every consumer the greatest amount.

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In marketing terms, we say that the number of intermediary levels indicates the ________ of a channel.

Answers

Answer:

length

Explanation:

In marketing terms, we say that the number of intermediary levels indicates the length of a channel.

intermediary levels in marketing involves those that their activities are needed to make sure the product or services from the producer get down to final consumers, they could be retailers or agents even wholesaler.

It should be noted that number of intermediary levels indicates the length of a channel.

net income is $15,000, operating expenses are $20,000, and net sales total $75,000. how much is cost of goods sold?

Answers

The cost of goods sold is $40,000.

Using the formula "Cost of Goods Sold = Net Sales - Operating Expenses - Net Income" and with given figures of net income of $15,000, operating expenses of $20,000, and net sales of $75,000, the cost of goods sold is calculated to be $40,000.

To calculate the cost of goods sold, we can use the following formula:

Cost of Goods Sold = Net Sales - Operating Expenses - Net Income

Plugging in the given values, we get:

Cost of Goods Sold = $75,000 - $20,000 - $15,000

Cost of Goods Sold = $40,000

Therefore, the cost of selling the goods is $40,000.

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debbie is applying for a gas card. If she gets approved, what type of credit will it most likey be?

Answers

Answer:

debt

Explanation:

(look at the graph)

a) if the terms of trade are 4 chips for 1 pretzel, would trade be advantageous for Luxland? explain.
b) if the terms of trade are 4 chips for 1 pretzel, would trade be advantageous for Leanderland? explain.​​

(look at the graph)a) if the terms of trade are 4 chips for 1 pretzel, would trade be advantageous for

Answers

Answer:

a) if the terms of trade are 4 chips for 1 pretzel, would trade be advantageous for Luxland? explain.

Yes, it is advantageous for Luxland. On its own, Luxland can only produce 1 chip for 1 pretzel, but with trade, 1 pretzel would now be equivalent to 4 chips, representing a net gain of 3 chips.

​​b) if the terms of trade are 4 chips for 1 pretzel, would trade be advantageous for Leanderland? explain.

No, trade would not be advantageous. We can see than domestically, Leanderland can produce 2 pretzels for every chip, because the graph shows that 4 chips are equivalent to 8 pretzels for this nation.

For trade to be advantageous, Leanderland should obtain at least 9 pretzels for the 4 chips.

A) The terms of trade will be advantageous for Luxland because, according to the graph, it can produce only one chip for Pretzel.

However, If it decides to trade, it would accrue a gain of 3 additional chips under the 4 chips to 1 Preztel arrangement.

B) Already, Leanderland gets 1 chip for 4 pretzels. Therefore, it will be disadvantageous for it to accept 4 chips for 1 pretzel trade arrangement. The above question seeks to highlight the comparative advantages of Leanderland and Luxland.

What is Comparative Advantage?

When an economy or country has the ability to manufacture a good or service at a lower opportunity cost than its trading partners, it is said to have a comparative advantage. In the graph above, Luxland has a comparative advantage with the production of Chips.

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It is a good idea to get and use an many credit cards as possible to build credit history. True False

Answers

False because you can get bad credit if you ever owe the bank money or if you made a late payment

Write three sentences.What is summer mainly about and what is your fav thing about summer time?

Answers

Is is what the top say your welcome

The risk that your investment will lose value because your return is dependant on the stability of a secondary investment is known as __________.

Answers

Asset-backed risk refers to the possibility that your investment will decline in value since your return depends on the durability of a secondary investment.

What is Asset-backed security?

A financial investment known as an asset-backed security (ABS) is one that is secured by a pool of underlying assets, typically those that produce a cash flow from debt such loans, leases, credit card balances, or receivables.Financial instruments backed by income-producing assets including credit card receivables, home equity loans, student loans, and auto loans are known as asset-backed securities (ABSs).When a business sells its loans or other debts to an issuer, a financial institution that will then bundle them into a portfolio and sell them to investors, ABSs are established.Securitization is the process of pooling assets into an ABS.Because they pay a consistent stream of interest, like bonds, ABSs appeal to income-focused investors.Collateral debt obligations and mortgage-backed securities are examples of ABS.

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3. Which is the correct order for making financial decisions? A) put goals in writing, rethink goals if necessary, have a plan of action, set specific goals. B) Be realistic about goals, put goals in writing, implement goals, have specific goals. C) Set up specific goals, put goals in writing , have a plan of action, rethink goals if necessary. D) have a plan of action, set specific goals if necessary

Answers

Answer:

B

Explanation:

Setting up realistic goals is key to saving money. Why would you want to save for a car when you are 12? You would rather save to get a new tablet or toy.

Realistic could also mean achievable why would you set a goal that has a low chance of you reaching such as becoming a millionaire and so on.

describe one procedure used when processing accounts.

Answers

- identifying transactions (making sure it’s reliable)
- financial statements
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