Larry holds a
Moe, Curly, and Shemp are the three consumers who have the individual demand curves
q1(p) = 30 - p/ 2, q2(p) = 20 - p/ 3, q3(p) = 10 - p/ 6
a) Now suppose that Larry is a third-degree
and the quantity qIiII he sells.
b) Find the surplus to consumers CSIII and producers PSIII under market segmentation as well as the
c) Which of these equilibria are efficient? Which is best for the consumers, and which is best for the producer?
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