I got different answers than these for b and c. For b, I got a value of qi=20 to deter entry (give a netagive profit to the entrant). And for part c, I got that if c=2 the information is not credible because MR<c would not hold at the qi=20 (minimum output to deter entry).
On 2010-10-24, at 10:14 AM, Alan McDermott wrote:
Uploads still not working...if we do this again we'll use Yahoo groups or something :)
<Q16 modified-Khaled.pdf>