Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Business Economics Expert

Estimate the output, price, profits in each market with and without price discrimination.

Consider a monopoly with a cost function of C=(Q) = 10 + 2Q + Q2) Its output is sold to two different markets: US and Europe with the subsequent demand functions.
P = 20-Q
Europe: P = 50-Q

Compute the QUS*, QEurope*, PUS*, PEurope*,π US*, and π Europe* if

i) the monopoly cannot separate the market and practice price discrimination.

ii) the monopoly can separate the market and practice price discrimination.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M917404

Have any Question? 


Related Questions in Business Economics

Write the lp formulations for the following problems 2 a

Write the LP formulations for the following problems. 2. A company is considering various advertising media to promote its new toy. Pertinent information regarding potential customers reached and costs per advertisement ...

A profit maximizing monopolist faces a downward sloping

A profit maximizing monopolist faces a downward sloping demand curve with price elasticity of demand equal to -5. Based on this information we can infer that the monopolist will charge a price that is: A) 25% higher than ...

A mathematical approximation called the rule of 70 tells us

A mathematical approximation called the rule of 70 tells us that the number of years that it will take something that is growing to double in size is approximately equal to the number 70 divided by its percentage rate of ...

Equivalence for repeated cash flows assume the price of the

Equivalence for Repeated Cash Flows (assume the price of the car does not change over 4 years) A student is buying a new car. The car’s price is $19,500, the sales tax is 8%, and the title, license, and registration is $ ...

Explain briefly how each of the following transactions

Explain briefly how each of the following transactions would affect a company's balance sheet. (Remember that assets must equal liabilities plus owners' equity before and after the transaction.) a. Sale of used equipment ...

The demand for beer in japan is given by the following

The demand for beer in Japan is given by the following equation: Qd= 500 - 2P - PN + 0.1I Where P is the price of beer, PN is the price of nuts, and I is average consumer income. a) What happens to the demand for beer wh ...

Helen has a utility function given byux5y5 2 where x is the

Helen has a utility function given byU=[x^.5+y^.5 ]^2, where x is the amount of product X consumed per month and y is the amount of product Y consumed per month. The government has instituted rationing. Everyone receives ...

Assume the djia closed at 12487 last night the divisor is

Assume the DJIA closed at 12,487 last night. The divisor is 0.123017848. Assume that 29 of the stocks in the index were unchanged today. One stock increased in value from $54.80 a share yesterday to $56.90 a share today. ...

Why does the government grant patents to companies that

Why does the government grant patents to companies that research new drugs?

Approximately 46 million americans under age 65 are

Approximately 46 million Americans under age 65 are uninsured. About two-thirds of the uninsured are either employed (full- or part- time) or in a family with an employed member. Which groups favored and which groups opp ...

  • 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