1)The market demand curve for mineral water is P=15-Q. Suppose that there are two firms that produce mineral water, each with a constant marginal cost of 3 dollars per unit. Fill in the entries for each of the following duopoly models.
a)Cournot model (quantity competition).
b)Stackelberg model (quantity leadership).
Model Q1 Q2 Q P (Profit margin)1 (Profit margin)2
Write up your analysis, and compare your answers.
The quantity produced by firm 1 is denoted by Q1
The quantity produced by firm 2 is denoted by Q2.
The total quantity produced in the market is denoted by Q.
The market price is denoted by P.
Profit margin is P-MC.
Incalculable Means of Communication: Animal Communication Individuals have been considering correspondence and language aptitudes of creatures other than people. Watching these animals, obviously they have numerous approaches to speak with one another, however a few people believe that mind boggling human dialects make them the best animals on earth. After much examination, individuals may see that people are not quite the same as different pieces of the collective of animals. Creatures have numerous methods of speaking with one another. In ongoing advancement hypothesis, language is viewed as a blend of two creature correspondences. The trade includes a significance like emblematic correspondence in creatures - representative move dialects for mandrills and honey bees that target various hints of various predators. On the off chance that a honey bee has such a significant level language, other living things are likewise conceivable. For music developed from winged creatures and honey bees, I feel that advancement is an organic capacity that is as general as eating, drinking and sexuality. Understanding the sounds in nature is significant for creatures. In any case, people invest so much energy has not yet explained the organic estimation of imaginative craftsmanship. Maybe the multifaceted nature and the main impetus of creation are one of a kind. Other solid speculations incorporate advancing social union, for example, war and religion, or pulling in youngsters' brain. Broad creature transmission includes most social issues. Correspondence with creatures can be characterized as conduct of creatures influencing the current or future conduct of different creatures. Exploration on creature correspondence called zoological zoology (contrast between human correspondence and human correspondence) has assumed a significant job in the improvement of good, social organic and creature psychological examination. Correspondence with creatures, in certainty comprehension of the whole creature world is a quickly creating field, and even in the 21st century, huge earlier comprehension is an emblematic name of people, sentiments of creatures, creatures Including a few fields, for example, culture and learning use. Indeed, even sexual conduct that has been completely comprehended for quite a while has changed essentially.>GET ANSWER