Solution-What should it charge for group 2

What should it charge for group 2

Reference no: EM13683504

Assume a company wants to 3rd degree price discriminate. The firm knows that one consumer subgroup's (Group 1) price elasticity is -6.4. The other group's (Group 2) price elasticity equals -2.0. Marginal production cost is $2.90 and there is no fixed cost. The firm charges $10 to group 1. What should it charge for group 2

Reference no: EM13683504

Questions Cloud

Obtain what is the electric potential at this surface : A charge Q = 1.74 x 10-8 C is surrounded by an equipotential surface with a surface area of 1.25 m2. Obtain what is the electric potential at this surface

Find what horizontal component of its velocity at that point : A particle with a mass of 2.0 x 10-5 kilogram and a charge of +2.5 μC is released in a (parallel plate) uniform horizontal electric field of 10 N/c. Find the horizontal component of its velocity at that point

Find what energy in kev is given to the electron : An electron is to be accelerated in a uniform electric field having a strength of 1.60 x 106 V/m. Find what energy in keV is given to the electron if it is accelerated through 0.540 m

Find how much heat does snow making process release : A snow maker at a resort pumps 140 kilogram of lake water per minute and sprays it into the air above a ski run. find how much heat does snow making process release each minute

What should it charge for group 2 : What should it charge for group 2

A company announces a breakthrough technology : A company announces a breakthrough technology that allows cars to burn natural gas at a much more higher efficiency than gasoline.

Find what the time constant of the circuit : It takes 2.66 milliseconds for the current in an LR circuit to increase from zero to 0.80 its maximum value. Find the time constant of the circuit

A financial advisor for an oil company : A financial advisor for an oil company

Determine with what velocity does it land : An archer releases a 0.025 kilogram arrow at a 50 degree angle with the horizontal with 300 meter per second of initial velocity. Determine with what velocity does it land

User Account

All Pages

What should it charge for group 2

Reference no: EM13683504

Reference no: EM13683504

Questions Cloud

Reviews

Write a Review

Microeconomics Questions & Answers

An example of informal writing

How might four ps be adjusted as result of social class

The purpose of this brief paper is to explain one economic

Determine the number of cds and video rentals that will

Question in the above diagram the elimination of

The economy consists of a single individual who represents

Find actual value of the irr on the incremental cost

Write the definitions for marginal rate of substitution mrs

A city government is considering increasing the capacity of

Define what is meant by expansionary fiscal policy and what

Expected rate of return

The state experienced economic growth describe how rate of

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT