Business, 02.01.2020 23:31 lionessny6301
Adecrease in the supply of dollars on the foreign exchange market, all else equal, will result in:
a. appreciation of the u. s. dollar and depreciation of the foreign currency.
b. appreciation of the u. s. dollar and appreciation of the foreign currency.
c. depreciation of the u. s. dollar and depreciation of the foreign currency.
d. depreciation of the u. s. dollar and appreciation of the foreign currency.
Answers: 1
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Business, 21.06.2019 23:50
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Business, 22.06.2019 12:30
Suppose that two firms produce differentiated products and compete in prices. as in class, the two firms are located at two ends of a line one mile apart. consumers are evenly distributed along the line. the firms have identical marginal cost, $60. firm b produces a product with value $110 to consumers.firm a (located at 0 on the unit line) produces a higher quality product with value $120 to consumers. the cost of travel are directly related to the distance a consumer travels to purchase a good. if a consumerhas to travel a mile to purchase a good, the incur a cost of $20. if they have to travel x fraction of a mile, they incur a cost of $20x. (a) write down the expressions for how much a consumer at location d would value the products sold by firms a and b, if they set prices p_{a} and p_{b} ? (b) based on your expressions in (a), how much will be demanded from each firm if prices p_{a} and p_{b} are set? (c) what are the nash equilibrium prices?
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Adecrease in the supply of dollars on the foreign exchange market, all else equal, will result in: <...
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