### Find the optimal prices for tickets and the sellers profit

Assignment Help Other Subject
##### Reference no: EM13335836

A hockey club, which is a monopolist in a region, sells tickets for hockey games and does not incur costs. There are two types of areas in the hockey arena A and B with different qualities of view and 5000 seats in area A and 10000 seats in area B. Also, there are three types of people, who like to watch games: club fans (F), hockey lovers (H), and others (O). Each group consists of 5000 people. Their utilities from watching a game are:

- A B

F 150 105

H 100 75

O 50 35

(a) Find the optimal prices for tickets and the seller's profit in the case of the perfect discrimination.From now and to the rest of the problem, suppose that the seller cannot identify the buyer's type at the moment of sale.

(b) Suppose that the seller wants to serve only club fans. Find the optimal prices, the number of tickets sold in each area and the seller's profit.

(c) Suppose that the seller wants to serve only club fans and hockey lovers. Find the optimal prices, the number of tickets sold in each area and the seller's profit.

(d) Find the optimal prices, the number of tickets sold in each area and the seller's pro?t given that the seller wants to serve all consumers.

(e) Given your answers to (b) and(d), and the optimal prices and the seller's profit and compare them to those in (a).

#### What is the best practice for us to deal with these scenario

here are practical and legal reasons for not performing the examination on the suspect's computer, but sometimes you have to compromise. If we make a compromise, is it accep

#### Find the optimal prices for tickets and the sellers profit

A hockey club, which is a monopolist in a region, sells tickets for hockey games and does not incur costs. There are two types of areas in the hockey arena A and B with differ

#### Compute the ending inventory for the years

Compute the ending inventory for the years 2009, 2010, 2011, and 2012 using the dollar value LIFO methods The following information for 2010 is available for the Marino Compan

#### What is the dpmo metric

The Wall Street Journal reported on February 15, 2000 that about 750,000 airplane components are manufactured, machined, or assembled for Boeing Co. by workers from the Seattl

#### Standard that mortgage applications be processed

A bank has set a standard that mortgage applications be processed within 8 days of filing. If, out of a sample of 1,000 applications, 75 fail to meet this requirement, what is

#### Drill presses are needed to meet capacity requirements

C&M Machining is developing plans for a dedicated production line and needs to determine how many drill presses will be needed. Engineering estimates are that one drill press

#### Importance of a supply chain strategy

Need help getting started, please! Explain what a supply chain is and the importance of a supply chain strategy. Identify at least four key drivers of a supply chain strategy

#### Can money act as a motivator

If you were the programmer, would you want to work at Microsoft? Why or Why not? How many activities in this case can you tie into specific motivation theories? List the activ