Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question: Third degree price discrimination
Suppose that a monopolist faces two markets with demand curves given by
D(p1) = 100 - p1D(p2) = 100 - 2p2
Assume that the marginal cost is constant at 20.
Suppose the monopolist can price discriminate.
(a) What is the maximization problem of the monopolist?
(b) What price should it charge in each market in order to maximize pro?ts?
Suppose now that the monopolist can't price discriminate.
(c) What is the maximization problem of the monopolist?
(d) What price should it charge?
(e) Compare the pro?ts of price discrimation versus uniform pricing. Compare the consumer surplus with price discrimation and uniform pricing
what is the basis of marginal utility
use of diagram how the price mechanism operates to allocate scarce resources. use examples to illustrate the answer.
As stock markets have crashed, and uncertainty has increased, consumers move their money to the safest currencies and countries in the world. Predict the effects of an increase in
CURRENCY UNIONS AND OPTIMUM: This Section explains the working of monetary unions and common currency areas. The Section also examines the case for and against optimum currenc
Illustrate the measurement of inputs and outputs in production technology? Measurement of Inputs and Outputs in Production Technology This is generally most satisfactory to
Explain why both the PES and PED tend to be inelastic in the short run for primary goods. PED deals with (primarily) the ability and propensity of consumers to switch to other
graphical illustrations describing the influence of an increase in immigrants on the market supply of labour
how to control principal agent
Evaluation of the WTO: The WTO is different from and an improvement over the GATT in the following respects: • The WTO is more global in its membership. • The WTO ha
Mercantilism:It is an economic theory from pre-capitalist times which held that a country's prosperity depended on its ability to produce large and persistent surpluses in its fore
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!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd