Price-discrimination monopolistic has segregated

Reference no: EM13314826

Suppose that a price-discrimination monopolistic has segregated its marker into two group of buyers. The first group is described by the demand and revenue data that you developed for developed for problem 1. The demand curve and revenue data for the second group of buyers is shown in the table at the bottom of this questions. Assume that MS is $13 in both markets and MC = ATC at all output levels. What price will the firm charge in each market? Based solely on these two prices, which market has the higher price elasticity of demand? What will be this monopolist’s total economic profit? Price…………..Quantity demanded….Total revenue………….Marginal revenue $71 0 $0 $63 63 1 63 47 55 2 110 34 48 3 144 . 24 42 4 168 17 37 5 185 13 33 6 198 5 29 7 203

Reference no: EM13314826

Questions Cloud

Create an outline of the criminal trial process : Create an outline of the criminal trial process from jury selection to sentencing. o This outline should include all major and minor steps in the criminal trial process in outline form with all possible options. For example, the defendant has the opt..

Reduce the risk of various health problems : For the middle-aged adult, exercise can reduce the risk of various health problems. Choose three health issues that regular physical exercise and activity can help prevent and manage. Discuss the prevalence of each of these health problems in society..

Obligopolistically competitive : Suppose that an obligopolistically competitive restaurant is currently serving 230 meals per day (the output where MR = MC). At that output level, ATC per meal is $10 and consumers are willing to pay $12 per meal. What is the size of the firm’s profi..

Efficient production technology available for making vitamin : Assume that the most efficient production technology available for making vitamin pulls has the cost structure given in the following table. Note that output is measured as the number of bottles of vitamins produced per day and that costs include a n..

Price-discrimination monopolistic has segregated : Suppose that a price-discrimination monopolistic has segregated its marker into two group of buyers. The first group is described by the demand and revenue data that you developed for developed for problem

Female bosses are harshly critical : A certain researcher thinks that the proportion of women who say that female bosses are harshly critical is greater than the proportion of men. In a random sample of 200 women, 27% said that female bosses are harshly critical.

In general linear programming model of assignment problem : In the general linear programming model of the assignment problem,

Draw the network model : Consider the following shortest-route problem involving seven cities. The distances between the cities are given below. Draw the network model for this.

How can employers comply with osha standards : How can employers comply with OSHA standards? How can employees conform to the rules, regulations, and orders of OSHA? What happens when OSHA standards are violated? Do you feel the violation penalties/consequences are fair? Why or why not?

User Account

All Pages