User Account

All Pages

Degree price discrimination

Assignment Help Business Economics
Reference no: EM132264348

(3rd Degree Price Discrimination)

A Monopolist selling a cell phone in two separate markets. They must decide how much to sell in each market in order to maximize their total profits.

The demand in the Brazilian Market is: QBrazil= 120 - 10PBrazil

The demand in the United States Market is: QUSA= 60 - 20PUSA

If Total Cost is:  TC = 90 + 2(QUSA+QBrazil)

A. Calculate the Price and Quantity if the Monopolist Maximized their profit and sells in both markets? 

B. Calculate the Profit if he Monopolist Maximized their profit and sells in both markets? 

C. In the absence of 3rdDegree Price Discrimination and the firm must sell at the same price in both markets, what is the price, quantity and total profit?

Reference no: EM132264348

Questions Cloud

What key information may be stored in my health record and : What key information may be stored in My Health Record and how that could effect clinical decision making. Considerations around the currency, relevance and accuracy of that data. What implications may exist if a client subsequently removes a documen..
Analyze the acute and chronic effects of the toxicant : Research and identify an environmental or occupational toxicant that effects either the respiratory, immune, or hepatic system. Research and discuss.
Discuss an energy flows analysis based on the scenario : Discuss an energy flows analysis based on the scenario. Explain how renewable and nonrenewable sources impact the industry.
How can we survive without plastic in our lives : Explain in detail how EACH of the 5 R's- Refuse, Reduce, Reuse, Recycle and Rethink can be utilized to cut back on the amount of plastic in the environment.
Degree price discrimination : A Monopolist selling a cell phone in two separate markets. They must decide how much to sell in each market in order to maximize their total profits.
Problems 3.14-3.33 require that you convert the given : Problems 3.14-3.33 require that you convert the given pressure from gage to absolute pressure or from absolute to gage pressure as indicated. The value of the atmospheric pressure is given.
Conditions required for a competitive market : Suppose that the (inverse) demand curve for Cranberries is given by P = 40 - 6Q and TC = $4Q + $3Q2
Define effects of low moisture on microbial growth : Write a one page summary of the following learning objectives: the history of drying foods for preservation including early methods using sun, wind or fire.
Discuss how to incorporate the algorithm : CS6033 Design and Analysis of Algorithms - Analyze an algorithm to decide whether the k-th largest item in A is = x. Your algorithm should run in O(k)

Reviews

Write a Review

Business Economics Questions & Answers

  What is the unconventional view

The non-economist's view of the minimum wage seems to be that it forces greedy employers pay poor workers more money, making all workers better off. What is the "unconventional" view and how does it alter that calculus of gains and losses?

  Is free agency increases competitive balance

Is free agency increases competitive balance? Why or why not? Explain using Economic concepts.

  Or you can request one payment today

You hit the Jackpot and you are offered a life payment of $50,000 per year. Or you can request one payment today (lump sum) to be paid immediately.

  Savings and investment in the open economy

Now assume that the economy is open and that the world interest rate is determined on the world market instead of in the domestic economy. Use a two-country model with initial current accounts equal to zero. How does an increase in domestic wealth af..

  Lecture notes and supporting oer

As described in the lecture notes and supporting OERs, the RSA public-key algorithm depends on the difficulty that an attacker would have in factoring large.

  Sell their output in imperfectly competitive markets

In certain industries, firms buy their most important inputs in markets that are close to perfectly competitive and sell their output in imperfectly competitive markets. Cite as many examples as you can of these types of businesses.

  Supply of loanable funds shifts

1. When the supply of loanable funds shifts its position to the left, interest rates will ________ because loanable funds will be ________.

  Competitive firm short-run supply curve

A competitive firm’s short-run supply curve is its ________ cost curve above its ________ cost curve. How does this policy affect the number of pretzels consumed in the short run and the long run?

  Short run and long-run effects of tightened monetary policy

Discuss the effects of a tightening monetary policy in the short-run and the long-run? What are the key assumptions in both scenarios? What are the appropriate models to distinguish the short run and long-run effects of a tightened monetary policy? W..

  Illustrate what do laws of supply and demand predict

Illustrate what do laws of supply and demand predict would be result of an immediate removal of minimum wage in terms of price of labour and quantity available.

  Asymmetric information and two types on consumers

Consider the basic Rothschild-Stiglitz model with asymmetric information and two types on consumers. A policymaker who has taken this class suggests that is might be beneficial to impose a flat tax on healthy people and distribute the tax revenue to ..

  Improve the resistance of that needing protection

Perform exercises a-c below using Strategy 6 - improve the resistance of that needing protection. You will not necessarily be providing complete solutions.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd