Two types of consumers

Assignment Help Basic Computer Science
Reference no: EM131507653

Consider a monopolist that has two types of consumers. The first, students have a demand curve given by the following: QA=120-2P. The second type of consumer are non-students who have the following demand curve: QB=200-4P. If the monopolist has constant marginal and average cost equal to 10, which of the following is true if the monopolist practices third degree price discrimination? Total profit earned equals 2150.

  • Total profit earned equals 2250.
  • Total profit earned equals 2650.
  • Total profit earned equals 2850.
  • None of the above

Reference no: EM131507653

Questions Cloud

What the difference between historical and physical geology? : What is the basic difference between historical and physical geology? What is scientific method? What is a hypothesis? What is a theory
State the null hypothesis and the alternate hypothesis : State the null hypothesis and the alternate hypothesis. Does this information disagree with the United Nations report? Apply the 0.01 significance level.
Demand for a foreign currency : What are the factors that increase and decrease the demand for a foreign currency?
Write narratives to develop real or imagined experiences : Write narratives to develop real or imagined experiences or events using effective technique, well-chose details, and well-structured event sequences.
Two types of consumers : Consider a monopolist that has two types of consumers. The first, students have a demand curve given by the following: QA=120-2P.
Calculate the budgeted payroll cost for the given function : Budgeted liquor sales revenue at a banquet were 1,500 drinks at $5.00 each. Actual sales were 1,550 drinks at $4.80 each. Determine the price and sales volume.
The process of litigation particular to hypothetical case : Provide an assessment of the strengths and weaknesses of the client's case.Describe the process of litigation particular to the hypothetical case.
Calculate a budgeted contributory income statement : An 80-room motel forecasts its average room rate to be $68.00 for next year at 75% occupancy. The rooms department has a fixed wage cost of $186,000.
Internal and external drivers of change in organizations : Discuss internal and external drivers of change in organizations today. How can HRMs and practitioners help organizations navigate.

Reviews

Write a Review

Basic Computer Science Questions & Answers

  Identifies the cost of computer

identifies the cost of computer components to configure a computer system (including all peripheral devices where needed) for use in one of the following four situations:

  Input devices

Compare how the gestures data is generated and represented for interpretation in each of the following input devices. In your comparison, consider the data formats (radio waves, electrical signal, sound, etc.), device drivers, operating systems suppo..

  Cores on computer systems

Assignment : Cores on Computer Systems:  Differentiate between multiprocessor systems and many-core systems in terms of power efficiency, cost benefit analysis, instructions processing efficiency, and packaging form factors.

  Prepare an annual budget in an excel spreadsheet

Prepare working solutions in Excel that will manage the annual budget

  Write a research paper in relation to a software design

Research paper in relation to a Software Design related topic

  Describe the forest, domain, ou, and trust configuration

Describe the forest, domain, OU, and trust configuration for Bluesky. Include a chart or diagram of the current configuration. Currently Bluesky has a single domain and default OU structure.

  Construct a truth table for the boolean expression

Construct a truth table for the Boolean expressions ABC + A'B'C' ABC + AB'C' + A'B'C' A(BC' + B'C)

  Evaluate the cost of materials

Evaluate the cost of materials

  The marie simulator

Depending on how comfortable you are with using the MARIE simulator after reading

  What is the main advantage of using master pages

What is the main advantage of using master pages. Explain the purpose and advantage of using styles.

  Describe the three fundamental models of distributed systems

Explain the two approaches to packet delivery by the network layer in Distributed Systems. Describe the three fundamental models of Distributed Systems

  Distinguish between caching and buffering

Distinguish between caching and buffering The failure model defines the ways in which failure may occur in order to provide an understanding of the effects of failure. Give one type of failure with a brief description of the failure

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