Describe a product that you are familiar with

Assignment Help Microeconomics
Reference no: EM13795683

Read the Price Discrimination article and write a 3-5 page paper in which you do the following:

Describe a product that you are familiar with and outline its market structure.

Using at least one of the techniques described in the article, discuss how you would price the product in order to maximize profits.

Explain how the pricing technique affects the supply, demand, and profit of each segment of your market.

Reference no: EM13795683

Questions Cloud

Dotcom bubble in the stock market burst : Around 2000, the dotcom bubble in the stock market burst and the US entered a recession. What would the neo-classical policy prescription have been for the US government and the Federal Reserve to do about this recession? How would this have operated..
Effort to estimating the natural rate of unemployment : Economists have devoted a lot of effort to estimating the natural rate of unemployment in particular countries at particular times. Is this a useless academic exercise, or are there good reasons to want to know this number? Explain.
Assignment on nipp : Analyze the National Infrastructure Protection Plan and Risk Management Framework, located at, and conclude how it has been designed to protect the nation's critical infrastructure.
Scottish independence referendum had passed : Suppose (contrary to fact) that the Scottish independence referendum had passed, Scotland had become independent, and you became its finance minister. Your first order of business is to recommend a currency for Scotland. Three proposals have been mad..
Describe a product that you are familiar with : Describe a product that you are familiar with and outline its market structure - Using at least one of the techniques described in the article, discuss how you would price the product in order to maximize profits.
Refraction and the refractive index of water : Find the image location, circle that point and label it "I". Measure and record the object distance do and the image distance di. What can you say about the location of the image? Refraction and the Refractive Index of Water
Proximate cause of this depreciation is actions : The euro has been depreciating against the $ for the past several months. The proximate cause of this depreciation is actions taken by the European Central Bank (ECB). What were those actions? Why did the ECB take those actions?
Retrograde motion of a plane related issues : In general, what are the characteristics of the planets that have been found so far around other stars?
How lighting is used to enhance or detract from production : Describe how lighting is used to enhance or detract from the production. Analyze how the camera's use (camera angles, for instance) affects the overall production.

Reviews

Write a Review

Microeconomics Questions & Answers

  Why might a country with a fixed exchange rate contemplate

Suppose that you are a government official in charge of your country's fiscal policy. The country maintains a flexible exchange rate system. You are asked by your country's citizens to use fiscal policy alone to expand the country's..

  Discuss the relative strengths and weaknesses

Write a paper discussing the relative strengths and weaknesses of these mechanisms for ensuring consumer safety in relation to a particular type of industry or good.

  New demand curve of chevrolet

Find the equation of the new demand curve for Chevrolets. Plot the new demand curve, D1 c' and, on the same graph, plot the curve for Chevrolets, D c'. found in 2 (d).

  What is the smallest tax rate

The quantity q of grapefruits demanded at price p is given by q = 30-3p and the supply schedule by q = 6p. The government imposes a quantity tax at some rate t, which it collects from buyers. What is the smallest tax rate that will result in no grape..

  Investment on actual versus potential gdp

Use a diagram to show the effects of weak exports and investment on actual versus potential GDP in the Canadian macroeconomy and how might the announced trade deal with the European union provide a source of optimism?

  Now assume that the cigarette industry is perfectly

now assume that the cigarette industry is perfectly competitive and that cigarettes are identical. we also assume that

  The market interest rate

The market interest rate is 10 percent. An investment project needs an investment of $1000 today, and promises to yield $500 at the end of each year for three years. At the end of year four there will be a one-time cleanup cost of $50. Briefly state ..

  Consider an economy in which taxes planned investments

consider an economy in which taxes planned investments government spending on goods and serves and net exports are

  Consumer purchase to maximize her utility

A consumer's utility function is given by U(X,Y)=X*Y. The Consumer has $576 to spend. Px=16 & Py=4. How much X & Y should the consumer purchase to maximize her utility?

  Explain ideas of character ethic female ethic human rights

discuss the ideas of character ethic female ethic human rights and ethical action. discuss the factors influencing

  Economies of scale and diseconomies of scale

Economies of scale and diseconomies of scale, what do these terms mean, when do they occur and how do they differ? Can you provide an example of economies and scale and dis-economies of scale.

  Recognize and explain the main bottleneck in this process

write a 350-word paper based upon the data collected on the process you identified in week one.identify and discuss the

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!

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