Explain how consumer surplus changes when monopoly price

Assignment Help Business Economics
Reference no: EM13986270

1. Explain how consumer surplus changes when a monopoly price discriminates.

2. Explain how consumer surplus, economic profit, and output change when a monopoly perfectly discriminates.

Reference no: EM13986270

Questions Cloud

What dose equivalent in sv do you receive each year : About 12% of your body mass is carbon; some of this is radioactive 14C, a beta-emitter. If you absorb 100% of the 49 keV energy of each 14C decay, what dose equivalent in Sv do you receive each year from the 14C in your body?
What is the purpose of the criminal justice system : The criminal justice system is made up of three main branches, including law enforcement, the judiciary, and corrections. What is the purpose of the criminal justice system
Oxidation of 9-fluorenol to 9 fluorenone : Lab Report – Oxidation of 9-fluorenol to 9-fluorenone a.      Why this reaction can be classified as an oxidation? What is the function of Sodium hypochlorite?   b.      How TLC can help you to determine if the reaction was successful?
How many bright bands are visible along the entire length : The slides are touching at one end and are separated by a 0.0240-mm thick sheet of paper on the other end. The slides are 6.5 cm long. How many bright bands are visible along the entire length?
Explain how consumer surplus changes when monopoly price : Explain how consumer surplus changes when a monopoly price discriminates. Explain how consumer surplus, economic profit, and output change when a monopoly perfectly discriminates.
At what angle to the normal did it enter the second medium : If the beam refracts at an angle of 23.5o from the normal, at what angle to the normal did it enter the second medium?
Assume that the client is forming this corporation : Imagine you are a CPA. A client engages you to determine how best to transfer property and perform services to a corporation in exchange for stock with minimal exposure to taxes and risk of an IRS audit.
Describe the history of federal policing : Describe the history of federal policing in the United States. Provide examples of federal policing agencies. How are federal policing agencies used to enforce the law
Calculate the net present value of the average salary : Calculate the net present value of the difference between the average salary of a high school graduate and the average salary of a collge graduate between 22 and 65 years old. How does this compare to the tuition cost over four years? Make sure to di..

Reviews

Write a Review

Business Economics Questions & Answers

  What purpose does the regulation or policy serve

Colleagues, assess and explain a major trade regulation or policy of the United States (please choose a regulation or policy other than one already discussed by your classmates). What purpose(s) does the regulation or policy serve?

  Use the sticky wage theory of aggregate supply

Use the sticky wage theory of aggregate supply to explain what will happen to output and the price level in the long run. What role does expected price level play in the adjustment?

  Disposal of the government to finance a fiscal deficit

Describe the options at the disposal of the government to finance a fiscal deficit. What are the relative advantages and disadvantages of each option?

  Her minimum monthly payments are loan consideration

Mary's credit card situation is out of control because she cannot afford to make her monthly payments. She has three credit cards with the following 1 loan balances and APRs: Card 1, $4,500, 19%; Card 2, $5,700, 23%; and Card 3, $3,200, 15%.

  Economy is capable of producing

Whenever the amount of output produced is not as great as the amount that the economy is capable of producing, there is a positive GDP ___________ and cyclical unemployment will be the result.

  How do nominal wage rates compare at those two points

How does the real wage rate at point c compare with the real wage rate at point a. How do nominal wage rates compare at those two points.

  Listout some of your fixed costs and discuss why fixed

Assume you and your roommate have started a bagel deliver service on campus. List out some of your fixed costs and discuss why they are fixed.

  Own money to the firm instead of investing the money

During a year of operation, a firm collects $175,000 in revenue and spends $80,000 on raw materials, labor expense, utilities, and rent. The owners of the firm have provided $500,000 of their own money to the firm instead of investing the money and e..

  What are your monthly payments during years

What are your monthly payments during years 5, 6, and 7? b. How much interest is in the sixtieth month's payment? How much principal?

  Calculate the deadweight loss associated with externality

The private marginal benefit associated with a product's consumption is PMB=360-4Q and the private marginal cost associated with its production is PMC=6Q. Furthermore, the marginal external damage associated with this good's productions is MD=20. Cal..

  Calculate the multiplier and the change in gdp

Suppose an economy has no imports and no income taxes. Its marginal propensity to consume (MPC) is $0.75, and its real GDP level is $250 billion. Businesses increase their investment by $10 billion. Calculate the multiplier and the change in GDP.

  What is the lerner index equal

Given these market characteristics, what is the Lerner Index equal to (as a function of quantity)?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd