In a Stackelberg Oligopoly

question 53

Multiple Choice

In a Stackelberg oligopoly

• A)the leader moves first, and the follower chooses its price in the second stage of the game.
• B)the leader moves first, and the follower chooses its output in the second stage of the game.
• C)both firms act simultaneously, but one chooses price and the other output level.
• D)there is no Nash equilibrium.

Grasp the principles of discounted cash flow (DCF) and their use in investment decisions.

Understand the concept of net present value (NPV) and profitability index as methods of investment appraisal.

Learn the methodologies for calculating the discounted payback period.

Understand the concept and calculation of average accounting rate of return (AARR).

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Definitions:

Google Play Store

A digital distribution service operated and developed by Google, serving as the official app store for the Android operating system, allowing users to browse and download applications.

Microsoft Store

An online shop for purchasing software, applications, games, and other digital products for Windows devices.

Android App Store

A digital distribution service operated and developed by Google for the Android operating system, allowing users to browse and download applications.

Relational Databases

A type of database management system that stores data in tables, which can be linked or related based on data common to each, facilitating efficient data retrieval.