Recent content by Clay W

Market demand is P=21-2Q Firm one produces q1 at cost q1 Firm two produces q2 at cost q2 I need help setting up firm one's problem, finding firm 1 and 2's best response functions, finding q1* and q2* and P*. I am sort of lost on this one.....

I am heading to the Boston area the first week of August, and am going to try out some surf fishing. I do quite a bit of freshwater fishing here in Indiana, but surf fishing is an all new animal to me. I will be taking a baitcaster and a spinning combo. How should I rig my equipment? What...