Q19) Determine the sign of the term de(K₁) 891 dk₁ A) The term is equal to zero. B) The term is positive. C) The term is
Posted: Sun Jun 05, 2022 11:38 am
Q19) Determine the sign of the term de(K₁) 891 dk₁ A) The term is equal to zero. B) The term is positive. C) The term is negative. Q20) Determine the sign of the strategic effect (₁) 34, 4K, A) The term is equal to zero. B) The term is positive. C) The term is negative. Instead, suppose firm 1 chooses its investment K, at the first stage of the game to accommodate entry. As such, K, is chosen to maximize firm 1's profit, which can be written as m, p(qi(K₁).qi(K₁))qi(K₂) - c(qi(K₂). K₂). d₁ on an da(K) , da(K) Taking the total derivative of firm 1's profit with respect to K, leads to dK₁ ƏK₁ 42 dk da dk₁ Q21) Determine the sign of the strategic effect andaj(K) Jazdk, A) The term is equal to zero. B) The term is positive. C) The term is negative.