This paper established two competing supply chains consisting of two manufacturers and two exclusive retailers, in which two retailers sell substitutable products and also sell extended warranties for ...

American Journal of Agricultural Economics, Vol. 91, No. 4 (Nov., 2009), pp. 1110-1123 (14 pages) In this article, we advocate more extensive use of the benefit function in specifying price-dependent ...

Article citations More>> Feng, K., & He, L. (2012). Research on “Restriction Policy” in Chinese Real Estate Market: A Theoretical and Empirical Analysis Based on Inverse Demand Function. Economic ...

1) If the demand for oranges is written as Q = 100 - 5p, then the inverse demand function is A) Q = 5p - 100. B) Q = 20 - .2p. C) p = 20 - 5Q. D) p = 20 - .2Q. 2) If pizza and tacos are substitutes, a ...

Traditional road supply models assume full knowledge of the inverse demand function, such that the supply-demand equilibrium point can be easily obtained. However, in practice, it is often difficult ...