The inverse-demand curve for oil in the middle east is given by p = 20 – q, where q is measure in barrels and p is measured in usd. saudi arabia can produce barrels of oil for a constant marginal cost of $1, while iran can produce barrels of oil for a constant marginal cost of $3. solve for the unique nash equilibrium in the middle eastern oil market assuming that iran chooses its production quantity before saudi arabia chooses its production quantity. compare this to the simultaneous move duopoly (cournot).

step-by-step explanation:

you save $70

discount would be 35% off

step-by-step explanation:

isaiah walks 3 miles due north, turns and then 5 miles due east. how far is he from his starting point?

a^2 + b^2 = c^2

let c = distance from starting point.

(3)^2 + (5)^2 = c^2

9 + 25 = c^2

34 = c^2

sqrt{34} = sqrt{c^2}

sqrt{34} = c

1. 16.64

a^2+b^2=c^2

pr^2=pq^2+qr^2

pr^2=14^2+ 9^2

pr^2=196+81

pr= sqr root of 277

16.64

2. 11.31

c^2-a^2=b^2

18^2- 14^2=b^2

b^2=324-196

b=sqr root of 126

b=11.31

hope it ! (btw im in connections academy to, good luck! )