8-1 project submission
1. Comparative advantage
Graphical user interface Description automatically generated
Graphical user interface Description automatically generated
2. Competitive markets & externalities
3. Production, entry & exit
|
Round |
1 |
2 |
3 |
4 |
5 |
|
Drive Today? |
Yes |
Yes |
No |
No |
Yes |
|
Drivers |
6 |
6 |
7 |
7 |
5 |
|
Revenue Per hour |
$16 |
$16 |
$14 |
$14 |
$18 |
|
Your hours |
8 |
8 |
n/a |
n/a |
9 |
|
Profit |
0 |
0 |
0 |
0 |
$17 |
4. Market Structure
Price discrimination
Cournot
|
HISTORY |
|
Round Total Quantity Market Price Your Quantity Your Profit |
|
1 16 24 -- -- |
|
2 20 20 -- -- |