User Account

All Pages

Markets or set different prices in each

Assignment Help Basic Computer Science
Reference no: EM131752173

1. Suppose that there is only one firm which produces a certain good and that there are two different types of people A and B. People A and people B values that good differently. The demand of people A is P=60-Q. The demand of people B is P=40-Q.  The firm can either charge the same price in both markets or set different prices in each. Which of the followings is correct?

a. The producer surplus is smaller under the single price setting.

b. The producer surplus is the same regardless of the price settings.

c. The producer surplus is larger under the single price setting.

d. The consumer surplus is the same regardless of the price settings.

Reference no: EM131752173

Questions Cloud

Calculating the cost per unit for materials : ABC Company implements process costing at its production facility. At the beginning of the month there were 10,000 units in process.
Define machine hours are larger than actual machine hours : If the estimated machine hours are larger than the actual machine hours, then manufacturing overhead is over-applied
Briefly summarize your experience of the simulation : What did this simulation and Tammy's story suggest about why it might be hard to move out of poverty?
Solving problem using straight-line depreciation : The ABC Company, located in Boston, purchases a piece of equipment from a dealer in Chicago for $700,000. The cost of shipping the equipment, $50,000.
Markets or set different prices in each : The firm can either charge the same price in both markets or set different prices in each. Which of the followings is correct?
Evaluate the quality of redtops internal audit function : changes that you would make in order to improve the quality of REDTOP's internal audit function
Does government spending create jobs : The Golden Gate Bridge is an international symbol of San Francisco. The bridge spans the entrance to San Francisco Bay from the Pacific Ocean.
Explain costing systems option your organization uses : Explain costing systems option your organization uses, or if not available, a company in the Middle East and its costing systems
Problem related to the furniture : ABC Company manufactures furniture, including tables. Selected costs are given below: The tables are made of wood that costs Br.100 per table.

Reviews

Write a Review

Basic Computer Science Questions & Answers

  Discuss accountability and liability implications

Discuss accountability and liability implications for individuals and organizations in the health care industry.Evaluate standards of care and potential.

  Prove or disprove formally

The number of leaf nodes (nodes with no children) in a perfect binary tree of height h is no more than 2h -

  Describe the characteristics of the near field

Describe the characteristics of the near field. Why is the near field less important for antenna analysis than the far field?

  Strengths-weaknesses-opportunities-threats

Review the SWOT (strengths, weaknesses, opportunities, threats) analyses for all six cases from http://articles.bplans.com/swot-analysis-examples/  Pick one of the six cases and read the complete business plan.

  Information resource management

What are the collaboration tools we use in business? Why do we use them?

  Systems implementation and integration

Training materials are essential to the successful implementation of most projects. Let's discuss how you would approach the creation.

  Key utilities in operating system software

What are the key utilities in operating system software that allows users to customize their desktop and keep their PC maintained and optimized?

  Retrieve e-mail from a server

Which e-mail protocol is used to send and receive e-mail messages between e-mail servers and used by e-mail client software to send messages to the server, but never used to retrieve e-mail from a server?

  Major difference between a hub and switch

What is the major difference between a hub and switch, which one is more efficient at routing traffic, and which is preferable in larger network configurations?

  Create a data dictionary for the database you just created

Build a simple database based on the following instructions and the information covered in module 5. The database should include at least 3 tables that are related, and each of which must have at least 8 attributes

  Outstanding debt for the firm

Calculate the yield to maturity on similarly outstanding debt for the firm, in terms of maturity.

  What behavior or functionality

What data could each object of this class type need to store? What behavior or functionality could each object of this class perform?

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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