Results 1 to 1 of 1

Math Help - trouble resolving efficient value of x

  1. #1
    Newbie
    Joined
    Aug 2009
    Posts
    1

    trouble resolving efficient value of x

    Hi

    I've got a problem where I have two firms, i and j both cooperating in performing r&d. The level of r&d expenditure for each firm is given by xi and xj and is symmetric as the two firms have the same cost function - if you can find xi, then the same result is valid for xj. Where I'm having trouble is finding the collusive result - what is the combined level of r&d?

    As you can see, what I've tried to do is return to the original profit function and get it all in terms of one x but something is going wrong.

    I have the answer from the textbook (see the bottom of attached document), but can't manage to reach it - if someone could help me with the working I would be very much in their debt.

    Cheers,

    Yoghurt
    Attached Files Attached Files
    Follow Math Help Forum on Facebook and Google+

Similar Math Help Forum Discussions

  1. Resolving forces
    Posted in the Math Topics Forum
    Replies: 2
    Last Post: May 13th 2011, 11:51 PM
  2. resolving forces
    Posted in the Math Topics Forum
    Replies: 1
    Last Post: May 19th 2010, 03:20 AM
  3. resolving forces
    Posted in the Math Topics Forum
    Replies: 1
    Last Post: April 27th 2010, 02:23 AM
  4. resolving for x
    Posted in the Pre-Calculus Forum
    Replies: 1
    Last Post: February 17th 2010, 04:54 PM
  5. Resolving Vectors
    Posted in the Math Topics Forum
    Replies: 3
    Last Post: July 28th 2006, 11:59 PM

Search Tags


/mathhelpforum @mathhelpforum