Unformatted text preview: conclusion about the change from monopoly to duopoly market structure. Q3. Briefly explain (in words) the intuition underlying the Cournot equilibrium for a duopoly (hint : think why the equilibrium occurs at the intersection of each firms’ best response function). Q4. (i) Cabral (2000; p. 146): review & practice question 8.1. (ii) Cabral (2000; p. 148): review & practice question 8.8. Q5. Research question (please keep it short and sweet) (i) Like most contemporary commercial musical acts The Brian JonesTown Massacre (BJM) distribute their music online. In terms of online distribution, what distinguishes the BJM from most other commercial acts? (ii) What is the significant connection between the BJM and the Black Rebel Motorcycle Club?...
View Full Document
- Spring '08
- Monopoly, Black Rebel Motorcycle Club, The Brian Jonestown Massacre, Internet market demand, BJM