The output of firms is determined simultaneously in Cournot competition but sequentially in Stackelberg competition.多重下拉选择题

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The output of firms is determined simultaneously in [選擇] Cournot Stackelberg competition but sequentially in [選擇] Stackelberg Cournot competition.

6.    If oligopolistic firms facing similar cost and demand conditions successfully collude, price and output results in this industry will be most accurately predicted by which of the following models? A.    The kinked demand curve model of oligopoly B.    The price-leadership model of oligopoly C.    The pure monopoly model D.    The monopolistic competition model

Match the following oligopoly model with its definition. 1: Cournot model 2: Price (Stackelberg) leadership model

Pedersen Industries wants to initiate a new project. To facilitate the project, an increase in cash of $20,000 will be required and the firm needs to build up $15,000 in inventory. The firm is expecting revenues of $500,000 per year and cost of goods sold (COGS) of $400,000. Pedersen Industries is expecting that Accounts Receivables (AR) will account for 5% of annual sales and Accounts Payables (AP) will account for 10% of COGS. All these changes will occur in year t=1. ​ What is the incremental cash flow effect from the change in Net Working Capital (NWC) in year 1?

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