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: First degree price disrimination, identical consumers (12 points). Suppose the market demand for Avengers: Age of Ultron (May 1, 2015) is given by QD = 2000 - 100P, and the total cost of the providing the movie is T C(Q) = 10Q, where Q is movie theater seats. (a) (4 points) If the theaters are practicing perfect price discrimination, how many tickets should they sell? (b) (4 points) How much producer surplus do the theaters receive under perfect price discrimination? (c) (4 points) Suppose the market demand for Avengers comes from the individual demands of identical consumers. In equilibrium, each individual ends up purchasing 1 ticket. Determine the price charged to each individual under perfect price discrimination. (Note: the solution to this problem is different from the in class exercise on Beyonce tickets.)
Determine the rate of can rent capital and marginal productivity of labor at its new targeed level of output. To minimize the cost, the car company should hire capital and labor until the marginal rate of subsitution reaches what portion?
Draw a representative long-run average cost curve
statements that best describes the idea of a “consumption vocabulary."People who have a larger vocabulary consume more .
If AutoEdge decided to increase its prices and return to the United States, she says, how would this action affect consumer demand? I want to know your opinion about elasticity.
Now suppose there are many such firms, each of which has a potential project; these firms only differ in that they discover the existence of these projects at different times. How would the aggregate amount of investment observed over any given ti..
In the mid-to-late 1970's, the yen appreciated relative to the dollar even though Japan's inflation rate was higher than America's.
What is the value of GDP in 1999? If the total GDP in the last quarter of 1998 was $8.469,6 what was the annual growth rate for the economy
Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 ..
The demand curve for ice cream in a small town has been stable for the past few years. In most months, when the equilibrium price is $3 per serving for the most popular ice cream
Derive the FOC and SOC conditions of profit maximization for this firm. Show that SOC is satisfied (impose necessary conditions). Which plant will have a greater increase in output? Please explain why.
Jennifer Williams is the owner of a small pizza shop and is thinking of increasing products and lowering costs. William's pizza shop owns four ovens and the cost of the four ovens is $1,000. Each worker is paid $500 per week. Workers employed Qty ..
A paper mill is considering two types of pollution control equipment. Neutralization - Initial Cost: $700,000, Annual Chemical Cost: 40,000, Salvage Value: 175,000, Useful Life, in years: 5
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: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd