Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Business Economics Expert

Estimate the equilibrium price, output, consumer surplus.

Consider a monopoly with a demand function D: P = 20 -Q

Let the cost function be C= 10+ Q + Q2

a) Compute the monopoly equilibrium.

b) Compute the consumer surplus.

c) Suppose this company practices two-parts tariffs,

I) Compute the optimal output.

II) Compute the size of the optimal "membership fee".

d) Suppose this company practices perfect price discrimination,

I) Compute the optimal output,

II) Compute the total amount of money the company will charge

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M917411

Have any Question? 


Related Questions in Business Economics

Choose any one product that you hold an inelastic demand

Choose any one product that YOU hold an inelastic demand and any one product that YOU hold an elastic demand. Explain your reasoning to why your elasticity differs. Why may someone else hold a completely different elasti ...

As noted in the text the overwhelming majority of the

As noted in the text, the overwhelming majority of the world's countries have an economic system that is somewhere between the extremes of "laissez faire capitalism" and a "command economy." However, within this majority ...

Write a three to four page paper in which you1identify at

Write a three to four page paper in which you: 1. Identify at least four key points of a relevant economic article from either the Strayer Library or a newspaper. The article must deal with any course concepts covered in ...

Explain how a manager would avoid having espoused reality

Explain how a manager would avoid having espoused reality enter into his or her department. Include a discussion on the tools they could use, would department meetings help – please be sure to support your position with ...

Use demand-supply analysis ndash with appropriately drawn

Use demand-supply analysis – with appropriately drawn graphs – to briefly explain the effects (i.e., increase or decrease) on the equilibrium price and quantity from the following: a. In the past, the success of Tiger Wo ...

A project has an annual operating cash flow of 15403

A project has an annual operating cash flow of $15,403. Initially, this 4-year project required $2,271 in net working capital, which is recoverable when the project ends. The firm also spent $10,000 on equipment to start ...

Christopher bought a 125 ticket to attend nickelback

Christopher bought a $125 ticket to attend Nickelback concert in Red Rocks. Because it is his favorite rock group, he would be willing to pay up to $200 to attend the concert. However, his friend Keith invites Christophe ...

American eaglet sells surfing equipment in los angeles la

American Eaglet sells surfing equipment in Los Angeles (LA) and Honolulu (Hon). The demand functions for each of these two groups are QLA = 600 – 2.5PLA QHon = 800 – 4.0PHon where Q is the number sold and P is the price ...

For each one of the costs below explain whether the

For each one of the costs below, explain whether the resource cost is explicit or implicit, and give the annual opportunity cost for each one. Assume the owner of the business can invest money and earn 10 percent annuall ...

1 a large city has nearly 500 restaurants with new ones

1. A large city has nearly 500 restaurants, with new ones entering regularly as the population grows. The city decides to limit the number of restaurant licenses to 500. Which characteristics of this market are consisten ...

  • 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

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate