Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Computer Engineering Expert

Suppose that a monopoly has a constant marginal cost (MC = $5) per unit of output produced. The monopolist sells its goods in two different markets that are separated by some distance. The demand curve in the first market is given by Q1 = 55 -P1 (and MR1 = 55 -2Q1) and for the second market by Q2 = 70 -2P2 (and MR2 = 35 -Q2).

a. If the monopolist can maintain the separation of the two markets, what will be equilibrium price and quantity in each market? What will be the monopolist'stotal profits? 

b. Suppose that it costs demanders only $5 to transport goods between the two markets. How would your answer change about equilibrium prices and quantities in the two markets? What would be the monopolist's total profits in this situation? 

c. Suppose transportation costs were zero and the monopolist was forced to follow a single-price policy. What would be the equilibrium prices and quantities now? What would be the monopolist's profits?

Computer Engineering, Engineering

  • Category:- Computer Engineering
  • Reference No.:- M92561069
  • Price:- $30

Priced at Now at $30, Verified Solution

Have any Question?


Related Questions in Computer Engineering

We live in kapurkua a small island in the mediterranean

We live in Kapurkua, a small island in the mediterranean between Greece and Spain (no, it doesn't really exist so don't look it up in the map). In the island we produce and consume canoes, latreks (a garment that is comf ...

What is marketing discipline what is most peoples

What is marketing discipline? What is most people's perception of marketing discipline? Name an organization that has done a great job marketing. What did they do to make you feel this way?

Show your steps of how you found your calculations please

Show your steps of how you found your calculations. Please type reponse. Suppose the daytime processing load consists of 60% CPU activity and 40% disk activity. Your customers are complaining that the system is slow. Aft ...

Security and network discussion questionsa discuss the pros

Security and Network Discussion Questions a) Discuss the pros and cons of an organization regularly engaging in penetration testing. b) What are the motivations of the ethical hacker?

Rocket class keyboard event handlingintroductionfor this

Rocket Class: Keyboard Event Handling Introduction For this program, you will implement an interface that will allow you to move around a rocket of your own design. You will need to implement your own classes for the roc ...

Please help with anbspfunctionnbspcodesymbol to convert

Please help with a function  codeSymbol , to convert each mark to a symbol (A, B, C, D, E, F) and a code (7,6,5,4,3,2,1) according to the table below. And call it in the main function. Use the table below to determine th ...

What are the differences between the federal deficit and

What are the differences between the Federal deficit and Federal Debt? How does a government budget deficit affect the economy, specifically the unemployment rate and job creation? Identify two periods in recent history ...

A bit-comparator is a combinational circuit with 2 inputs a

A Bit-Comparator is a combinational circuit with 2 inputs, A and B, and 3 outputs. L, E and G. Output L is 1 if A Output E is 1 if A = B, otherwise E is 0. Output G is 1 if A > B, otherwise G is 0. Show how the 2x4 decod ...

Why is a secure random number different than a

Why is a secure random number different than a statistically random number in security and if it weren't securely random everything that it could impact. For example, think of everywhere that we rely on them being secure ...

Identify and evaluate at least three considerations that

Identify and evaluate at least three considerations that one must plan for when designing a database. Suggest at least two types of databases that would be useful for small businesses, two types for regional level organi ...

  • 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