collusion_prob

collusion_prob - Problem set on Collusion 1. Collusion...

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Problem set on Collusion is. True or False. Explain. of collusion discussed in class.Collusion is more likely in industries where individual sales are large and take place ocassionaly than in industries where individual sales are small but frequent. True or False. Explain. 3. r = 1% ; c 1 = 5 ; c 2 = 0 ; demand function Q = 10 p: It is not possible to have collusion True or False. Explain. 4. The demand function is given by p = 100 Q and the constant marginal cost of produc- tion is denoted by c = 20 : and equally share the monopoly output. By deviating from this collusive agreement, a time and the interest rate is r: (a) If the rate of interest in this market is 10%, could you support cooperation at the monopoly level with trigger strategies? (b) Answer the same as above but at an interest rate of 5%. matrix is given by: L M H L 10,10 2,10 0,20 M 10,2 5,5 2,6 H 20,0 6,2 3,3
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collusion_prob - Problem set on Collusion 1. Collusion...

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