brownie27
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Firm A is the dominant firm in a market where industry demand is given by Q=48-4P. there are four "follower" firms, each with long-run marginal costs given by MC=6+Qr. Firm A's MC=6. 1-Write the expression for the total supply curve of the followers (Qs) as this depends on price. (Remember that each follower acts as a price taker)
help?  12/8/2009 9:27:39 PM
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mantisstunna
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not that i know what the is but it seems like some really simple math crap. 12/8/2009 10:57:58 PM |
wahoowa
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what econ class is this for? 12/10/2009 1:51:09 PM |
ryan627
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Price Leadership Model.
Yea, what class is this for? 12/18/2009 2:41:13 PM |
