onopolist sells the same product at the same price into two different markets. T he product in market #1 is denoted D1 (p) = 15 – p where p is the unit price. T he product in market #2 is given by D2(p) = 40 – 6p. If the monopolist sets a price of $8 per unit, what is the total demand? Explain why elasticity of total demand is not defined at a unit price of 20.

If the monopolist shown in the following figure could implement a two- part tariff, the entry fee would be: $0. $225. $450. $900. $1,200.

There is a monopolist,ConcreteMex,in the concretemarketin Mexico. The demand function is QD= 100–50p. The marginal cost of production isc=0.4. (referencing) Question 1.3 ConcreteMex claimed the high price is due to high transportation costs and persuaded the government to help cut down the costs. As a result, for every unit of concrete sold, the government subsidizes ConcreteMex 0.2dollars. What are the new profit-maximizing price and production levels for ConcreteMex? Under the subsidy policy and the new price in Question 1.3, calculate the consumer surplus, producer surplus, and deadweight loss. You do not need to consider government spending for the deadweight loss.

Suppose a monopolist faces a market demand that is the first two columns in the table below. Also, in the short run, assume that Total Fixed Cost equals $100 and the monopolist has Total Variable Cost according to the table. Find Total Revenue for each price and quantity combination, and then Marginal Revenue as price falls and quantity increases. Fill in the rest of the costs in the table and find profit at each price and quantity combination as the difference between Total Revenue and Total Cost. If profit is less than zero that indicates a loss. What is the maximum profit you found in this table? At what quantity and price combination is profit maximized for this monopolist? Next, verify this result by using Marginal Analysis to find the profit maximizing price and quantity combination. For each quantity, ask yourself if Marginal Revenue exceeds Marginal Cost. If it does, then profits would be increased by producing that quantity. As you go down the table to higher quantities, stop…

What are ways in which a monopolist can engage in price discrimination?

Question is in attached image. Thank you! Only answer D,E,F

Suppose a nonlinear price discriminating monopolist faces an inverse demand curve: P = 110-Q, and can set three prices depending on the quantity a consumer purchases. The firm's profit is: π = P₁ Q₁ + P₂ (Q₂ −Q₁) + P3 (Q3 − Q₂) - mQ3, where p₁ is the high price charged on the first units Q₁ (first block) and P2 is a lower price charged on the next (Q₂ -Q₁) units and p3 is the lowest price charged on the (Q3 - Q₂) remaining units. Q3 is the total number of units actually purchased, and m = 75 is the firm's constant marginal and average cost. Using calculus, determine the profit-maximizing values for P₁, P2, and p3, and the firm's profits. The profit-maximizing value for (round your answers to the nearest penny) P₁ P₂ = $ P3 = $ The firm's profit is $ 9 and

True/ False  There is a price discrimination in the monopoly market.

Answer it correctly please...

мсо 20 A profit-maximising firm produces homogenous (identical) units of output at a constant marginal cost and the units can be sold in two distinct market segments, which are segments A and B. On the assumption that the absolute value of the price elasticity of demand is lower in market segment A than it is in market segment B, if the firm decides to exercise price discrimination, we would expect to observe: A Ido not want to answer this question. В a higher price in market segment A to reflect the lower price elasticity the same price in both market segments since the marginal cost of production is the same for both markets and profits are maximised at MR = MC in both C markets D a higher price in market segment B to reflect the higher price elasticity E MR MC in market segment B because the higher elasticity allows a mark up of marginal revenue over marginal cost