The flagship university in your state recently completed a new state-of-the-art student center, complete with bowling alleys, fast-food outlets, group study space, and the latest green technology. shortly after it was finished, almost every other university in your state began clamoring for a new student center, too. how would the theory of institutional isomorphism explain this?
a. universities operate in the same environment and therefore end up looking alike.
b. as tuition rises, parents are increasingly vocal stakeholders.
c. their student centers were probably also out of date.
d. universities see an indirect payoff in such an investment.

Why is the cournot equilibrium an​ equilibrium? a. there are​ short-run barriers to exit in a cournot​ duopoly, so both firms cannot alter their output levels. b. given the other​ firm's level of​ production, both firms are maximizing profits and cannot improve their situation by unilaterally altering their level of output. c. both firms operate at zero profit under a cournot​ equilibrium, so they would face negative profits if they change output. d. both firms operate at minimum​ long-run average cost under a cournot​ equilibrium, so changes to output would reduce​ long-run profits. even if they​ can't collude, why​ don't firms set their outputs at the joint​ profit-maximizing levels​ (i.e., the levels they would have chosen had they​ colluded)? a. given that other firm produces at the collusive​ level, a firm could increase their own profits by increasing output above the collusive level. b. the midpoint of the collusion curve​ (i.e., the collusive​ outcome) lies below the reaction​ curves, so both firms have an incentive to increase output under the cournot duopoly. c. both a and b are correct d. both a and b are incorrect