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Consider an economy in which there is 1 firm Break fast, in the market for breakfast cereal. A new firm Tasty is deciding to enter the market which would change the market to a duopoly Assume that Healthy can choose to sell its cereal to grocery stores at a high price or a low price As a monopolist it can earn 8 million by selling at a high price or 5 million by selling at a low price If Tasty enters the market and Healthy sells at a high price each firm makes 3 million however if Tasty enters the market and Healthy sells at a low price each firm loses 1 million
The following diagram shows this game Tasty first decides whether to enter or not & then Healthy decides whether to sell at a high or low price
http://tinyurl.com/2t3y5y

Suppose that Healthy cant set longterm contracts with the grocery stores that sell its cereal Healthy issues a press release saying that if Tasty enters the market, it will sell at a low price This __ a credible threat & Tasty ___enter the market.

2007-11-05 11:43:48 · 2 answers · asked by Anonymous in Economics

I think he's an idiot and a fool, I really can't believe he's in office!

2007-11-05 11:43:47 · 19 answers · asked by Anonymous in Government

My friend got a new iPod and she gets all her songs for free because she has Acquisition.

I was wondering if it is any good and if it is Legal. Does it send viruses to your computer if you download it? If I should get it, should I pay for it (Pro) or should I not pay for it? (2.0)

Thanks!

2007-11-05 11:43:33 · 1 answers · asked by Anonymous in Software

2007-11-05 11:43:29 · 5 answers · asked by paigepiperp3 3 in Other - Science

2007-11-05 11:43:29 · 12 answers · asked by Anonymous in Polls & Surveys

I think they do!!! Back in Las Vegas a man was caught speeding by a radar trap and they sent him a picture of him speeding and a fine.....so the man got the picture and the ticket and he sent the police station a picture of a check lmao.....So the Cops laughed all about it and sent him a picture of Hand Cuffs and he paid the ticket lmao!!!!

2007-11-05 11:43:24 · 12 answers · asked by Anonymous in Polls & Surveys

I want to kno just exactly what were they there for what did they do. Maybe some facts on how many people they killed.
idk. just help me out.
i need it for a huge report.

2007-11-05 11:43:15 · 2 answers · asked by _-Finish-_ 1 in History

my dog's name is masie she is acting really strange he is potty trained and she pead on the floor,i tried to give her, her favorite food which is ham she didn't take it,and she knows not to come in my room and she did, and then when i told her to get out she jumped up on my air matress and wanted me to hold he so i did, masie is a min pin and i really need help so please help me

2007-11-05 11:43:09 · 7 answers · asked by lexi 2 in Dogs

I'm pregnant with my second child and I would like your guesses?
I'm craving sweets all the time and very moody, and the baby is higher up.
That's the only clues, and we do not know the sex yet, I just want people to guess?

Thanks!!!!!!!
:-)

2007-11-05 11:43:01 · 13 answers · asked by ~* Garden Empress*~ 5 in Polls & Surveys

so im dating this guy,brett, i care about him a great deal but there IS one drawback...hes athiest. i have always been a christian, not a "KILL THE FAGS!" bible thumper mind you but i go to church on sundays when i can and i pray frequently. do you think it will evetually drive a wedge between us or do you think as long as we keep our opinions to yourselves(because we obviously dont agree) we'll be okay? i really hope it doesnt make a difference.....

2007-11-05 11:42:58 · 35 answers · asked by babyblooz88 1 in Religion & Spirituality

Me, Fridays. I don't know why, but it seems that Fridays and I don't get along very well.
I don't like Mondays, either, because I am usually tired. But at least we sort of get along.

2007-11-05 11:42:51 · 35 answers · asked by nothing but the kitchen sink 2 in Polls & Surveys

Can I get FSA benefit (declaring contribution to be withheld pre-tax) for my son if he goes to day care only twice a week for 3/4 hours. My spouse is stay home mom. Is it necessary to have both the parents working to get dependant day care FSA benefit?

2007-11-05 11:42:42 · 4 answers · asked by Mr.D 1 in United States

2007-11-05 11:42:39 · 14 answers · asked by Charles P 1 in Trivia

Or do you know any sites to find out about that kinda stuff??? Please, I really need it????

2007-11-05 11:42:37 · 4 answers · asked by my angel is 2 1/2 now:) 1 in Law & Ethics

imporant then going to church all the time if people would winn souls as much as they go to a sports thing hunting fishing going to church to this wouldbe a better would.

Do you really have to go to church to be in GODs Will?

2007-11-05 11:42:33 · 14 answers · asked by Rodney C 1 in Religion & Spirituality

Is there a website where I can write music for free? Answers greatly appreciated!

2007-11-05 11:42:27 · 2 answers · asked by Katie 3 in Classical

Im ready to splurge on a new TV, but I am confused as to what to get.

I want to get a large flat screen TV - that much I know. But when I went to look at them there were LCD televisions and Plasma televisions.

What is the difference between the two? What are the features and benefits of the two???

ANy suggestions or comments?

2007-11-05 11:42:24 · 5 answers · asked by DaBoomvang 3 in TVs

2007-11-05 11:42:04 · 17 answers · asked by Anonymous in Polls & Surveys

Back last winter I helped push this car out of the snow. I saw that they were stuck (we were in a mall parking lot) and I saw the man had his little daughter with them. So my fiance went over and pushed them out.

Yours?

2007-11-05 11:42:03 · 17 answers · asked by that dead girl 3 in Polls & Surveys

how many weeks does it take for a pregnancy test to show positive. my cycle came on twice feb. at begining. at end of march 23 it came again. did i get preg feb or march? can you get preg 2 days before period? I counted 40 weeks from due date it lead to end of march in middle of cycle? When did I get preg? before or after last period

2007-11-05 11:41:52 · 7 answers · asked by Anonymous in Pregnancy

God suddenly appears......and now here you are face to face to your creator...and now you are about to ask a question......

2007-11-05 11:41:51 · 23 answers · asked by E@rthGoddess 6 in Religion & Spirituality

towels, after they get done crying into them?

2007-11-05 11:41:26 · 6 answers · asked by Sweet Judy 7 in Football (American)

okay so I have a bestfriend katie.
I used to hang out with her everyday afterschool and like every day in the summer.

I thought she was the best and everything, well then came grade 10. I mean, i had lots of friends before, but now i have more, and i came to reilize that they are really funnier.

Everyday at lunch she is always fallows me, like she dosent even have alot of friends like I do. Shes SO QUITE and never talks in front ofmy friends. i cant even look at her at lunch, i dont even talk to her.

Its as if, i want her to change for me. she is like my sidekick.
whats wrong with me?
help?

2007-11-05 11:41:15 · 10 answers · asked by Anonymous in Friends

2007-11-05 11:41:14 · 5 answers · asked by ROBERT C 1 in Renting & Real Estate

2007-11-05 11:41:14 · 10 answers · asked by kcchief4l 3 in Football (American)

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