Suppose That the Duopolists Carl and Simon in Problem 1

question 27

Multiple Choice

Suppose that the duopolists Carl and Simon in Problem 1 face a demand function for pumpkins of Q = 8,400 - 800P, where Q is the total number of pumpkins that reach the market and P is the price of pumpkins. Suppose further that each farmer has a constant marginal cost of $.50 for each pumpkin produced. If Carl believes that Simon is going to produce Q_s pumpkins this year, then the reaction function tells us how many pumpkins Carl should produce in order to maximize his profits. Carl's reaction function is R_C(Q_s) =

• A) 2,000 -.
• B) 8,400 - 800Q_s.
• C) 8,400 - 1,600Q_s.
• D) 4,000 -.
• E) 6,000 - Q_s.

---

Definitions:

Violence Continuum

The violence continuum describes the range or spectrum of behaviors that constitute violence, from verbal abuse to physical assault, indicating the progression of aggressive actions.

Rage

Intense, uncontrolled anger that can manifest in violent behavior or emotional outbursts.

Lack of Sensitivity

The inability or unwillingness to perceive and respond to the needs or feelings of others.

Becoming Reclusive

Refers to the process where an individual gradually withdraws from social interactions and activities, preferring solitude.