Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Microeconomics Expert

Economics


Home >> Microeconomics

A Monopolist must decide how to price in two markets and allocate product output between them. The markets are separated geographically (being either side of a national border). Demands in the two markets are as follows:

Q1= 30-2P1 and Q2= 24-P2

The monopolists total cost are C=5+(2Q1+Q2)

What ar the prices charged, total product shipped to each market, and the total profits to the monopolist under the following two conditions?

a) Markets are separated, no arbitrage is possible (the firm can ship to both markets, but there is no other trade in the particular product)?

b) Border is opened to free trade and possible arbitrage

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91100256
  • Price:- $30

Priced at Now at $30, Verified Solution

Have any Question?


Related Questions in Microeconomics

Question the discussion answers combined must be a minimum

Question: The discussion answers combined must be a minimum of 125 words of substance with any references cited in APA format. No copying and pasting of work previously done for someone else. In chapter 5 Froeb discussed ...

Question draw the offer curves for nation 1 and nation 2

Question: Draw the offer curves for Nation 1 and Nation 2, showing that Nation 2 is a small nation that trades at the pretrade-relative commodity prices in Nation 1. How are the gains from trade distributed between the t ...

Question when inflation and interest rates rise at business

Question: When inflation and interest rates rise at business cycle peaks, the dollar is likely to decline because foreign investors withdraw assets that are likely to depreciate in real terms because of higher inflation. ...

Question a company has already spent 80000 developing a new

Question: A company has already spent $80,000 developing a new product, and is now considering whether or not to market the product. Tooling for production of the new product would cost $50,000. If the product is produce ...

Question india and china have roughly the same size

Question: India and China have roughly the same size population, and although per capita GDP in China is probably somewhat larger, the difference is not very great. Labor costs are lower in India than in China, and in sp ...

Question a total of 59 percent of the prime time viewing

Question: A total of 5.9 percent of the prime time viewing audience watched shows on ABC, 7.6 percent watched shows on CBS, 5.5 percent on Fox, 6.0 percent on NBC, 2.0 percent on Warner Brothers, and 2.2 percent on UPN. ...

Question tom jones beef jerky is naturally high in protein

Question: Tom Jones Beef Jerky is naturally high in protein and low in fat, calories, and carbs that make it an ideal snack for active, health conscious individuals. The only problem is that consumer research shows that ...

Question watch the video servant leadership - joe schmitt

Question: Watch the video "Servant Leadership - Joe Schmitt." Discuss why this is a good example of leadership through acts of service in terms of the way the actions of the leader demonstrate integrity and personal char ...

Discussion question challenger brandsreview secrets of

Discussion Question: Challenger Brands Review Secrets of Challenger Brands Your brand is a challenger-it is not the category leader. Explain a few ways that you can apply the ideas in the article to your brand. In your f ...

Question there are three key organizational resources that

Question: There are three key organizational resources that are relevant and important from the perspective of MIS and that help to create competitive advantages for businesses: information, people, and information techn ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As

Follow Us

© Copyright 2013-14 mywordsolution.com All rights reserved