Calculate the firms profit if it is a single-price monopoly

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Use the graph below to answer the following questions:

1081_Graph.png

a. Calculate the firm's profit if it is a single-price monopoly:

b. Calculate the firm's profit if it is a perfect price discrimination monopolist:

c. Calculate the firm's profit if it price discriminates as follows: Sell the first 200 units at a high price and the rest of the units at a low price: (hint, what is the maximum number of units they are willing to sell? Price is determined from the demand curve). Profit = 90

d. Calculate the firm's profit if it price discriminates as follows: Sell the first 100 units at a high price, the next 100 units at a medium price, and the rest of the units at a low price: (hint, what is the maximum number of units they are willing to sell? Price is determined from the demand curve)

Reference no: EM131034577

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