Question No. 18 Refer to the Figure below. What price will the monopolist charge in order to maximize profit? 10 MC 9 ATC AVC 4 MR 0 1 2 3 4 56 78 9 10 Quantity (units per day) Ouestion No. 19 Refer to the above Figure in qestion 18 At the profit-maximizing what is price outnut and Price(f per unit)

1) what point is Market outcome? 2) what area is profit or loss? 3)how do I find total cost for different prices? 4)would charging 2.25 per can be ideal?

27 30 Page 4: 31 ✓ 34 37 40 41 28 44 Page 5: 32 33 35 36 29 38 39 42 M 45 43 46 The figure below shows the demand schedule and demand curve for a product produced by a single-price monopolist. Price ($) 10 2967 6 5 43 2 - 8 0 1 2 3 4 5 6 7 8 9 10 11 12 Quantity + Suppose this single-price monopolist is initially selling 5 units at $8 each and then reduces the price of the product to $7. By making this change, the revenue the firm gains from the additional units it can now sell is

tion 14 of 23 Identity what type of price discrimination, if any, is described in each scenario. a. Art's Mac-n-Cheese sells for $0.99 at the Piggly Wiggly, but Bulky Warehouse sells a package of 12 boxes for $10. Perfect price discrimination ) Third-degree price discrimination Second-degree price discrimination No price discrimination b. Pandy Jewelry charges each customer the maximum he or she is willing to pay for a particular piece of jewelry. Perfect price discrimination Third-order price discrimination O Second-order price discrimination No price discrimination.

help please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste remember answer must be in proper format with all working

Suppose an airline sells air tickets to two types of customer – business travelersand vacation travelers. Their estimated demand elasticities are -2.5 and -4.0respectively.Suppose the marginal cost is constant at $240, and the services provided to thetwo types of customer are similar. Calculate the fares the airline should charge on the air tickets sold to therespective types of customers. Show your calculations.

Hello, I need some clarity on this queston. If you can explain briefly how you got your answers that will be very helpful.

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.

Which price and quantity combination is undesirable for both the monopolist firm and society?   A and E B and F C and G D and H A and H

explain why a monopoly would want to price discriminate   explain the (potential) effects of price discrimination on market efficiency.