An industry has two firms. The inverse demand function for this industry is p = 121 −q. Both firms produce at a constant unit cost of $31 per unit. What is the Cournot equilibrium price for this industry?

In three to four sentences, explain the effect of a price ceiling on the quantity of a good and who this intervention intends to assist

The dollar value generated over decades of customer loyalty to your company is known as brand equity. viability. sustainability. luck.

Seattle bank’s start-up division establishes new branch banks. each branch opens with three tellers. total teller cost per branch is $96,000 per year. the three tellers combined can process up to 90,000 customer transactions per year. if a branch does not attain a volume of at least 60,000 transactions during its first year of operations, it is closed. if the demand for services exceeds 90,000 transactions, an additional teller is hired and the branch is transferred from the start-up division to regular operations. required what is the relevant range of activity for new branch banks