Type of price discrimination

Assignment Help Macroeconomics
Reference no: EM131168315

A monopolist has a TC function TC = y2 + 20y. If the demand for the good is P = -8Q + 200. Show using specific numbers that the firm can make a higher profit using some type of price discrimination rather than charging everyone the same price.

Reference no: EM131168315

Questions Cloud

Write the best response function : Two identical firms each have a cost function TC = 2y2 and the market demand for their output is P = -4Q+192 a)  Write the "best response" function for each firm. b)  Find the Nash equilibrium in this model
What does melville imply about the business world : Melville: Explain the subtitle of "Bartleby the Scrivener": "A Story of Wall Street"? What does Melville imply about the business world? Would those sentiments still be relevant today? Could the story be written today with a modern-day Bartleby, ..
Statistical decision making and quality control : Explain why a process can be out of control even though all the samples fall within the upper and lower control limits.
What equal annual contribution must it make : What equal annual contribution must it make to this account to accumulate the $10 million by 31 December 2017?
Type of price discrimination : A monopolist has a TC function TC = y2 + 20y. If the demand for the good is P = -8Q + 200. Show using specific numbers that the firm can make a higher profit using some type of price discrimination rather than charging everyone the same price.
Build a presentation about your detail from the given novel : Build a PowerPoint presentation (10-15 slides with audio) about your detail from the novel that teaches your peers about that detail. Use Preview/Present/Review organization.
Identify whether patenting tax shelter is legal possibility : These professionals might like to patent such schemes. Identify whether patenting a tax shelter is a legal possibility
Journalize the given entries : Journalize entries to record the following - May1 Initial acquisition of the bonds - Nov.1 Semi annual interest received 1Sale of the bonds.
Importance of knowing medical terminology : 1. In a six (6) sentence paragraph, explain and discuss the importance of knowing medical terminology.

Reviews

Write a Review

Macroeconomics Questions & Answers

  If the customer surplus is small does it mean demand great

If the customer surplus is small, does it mean that the demand will be greater for regulation or the supply will be smaller for regulation.

  A new tennis court complex is planned both alternatives will

A new tennis court complex is planned. Both alternatives will last 18 years, and the interest rate is 7%. Use present worth analysis to determine which should be selected.

  How does the market adjust in the long run when firms are

How does the market adjust in the long run when firms are earning short-run economic profits? How does this affect the short-run supply curve?

  Argument for or against the following statement

Create an argument for or against the following statement: "Individuals who are economically less fortunate should be allowed access to software free of charge in order to ensure, that they are provided with an equal technological advantage."

  Assume that the economic news is not good

Assume that the economic news is not good and businesses become pessimistic about the future. How would this change in attitude affect the investment demand curve and the impact on real GDP.

  What is the primary difference between dt&e and ot&e?

What is the Program Manager (PM) role regarding acquisition T&E? Additionally, what are some PM responsibilities? Why is it so important to have an Acquisition Program Baseline (APB) and baseline documentation?

  What function does the money supply serve in the economy

Why do you think the FED evaluates the money multiplier when making decisions with regard to the money supply What function does the money supply serve in our economy to influence certain economic variables

  Determine total output per week in the economy

Select an economy that initially has a labor force of 2000 employees. Of these employees, 1900 are employed and each works forty hours per week. Ten units of output are produced by each hour of labor.

  What should the next point be if do want to continue

A friend is explaining how supply and demand works using McDonald's hamburgers as an example. You question his examples, saying that the assumption that there must be many sellers and buyers is not true in the case of McDonald's

  Outcome reveal about the size of the multiplier

a. Calculate the equilibrium level of income or real GDP for this economy. b. What happens to equilibrium Y if I(g) changes to 10? What does this outcome reveal about the size of the multiplier?

  Estimate the relationship among inflation and unemployment

Estimate the relationship among inflation and unemployment.

  The new level of gross national debt

Assume that gross national debt is equal to $3million and the federal government then runs a deficit of $300 billion. what is the new level of gross national debt.

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