ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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c. What are the firm's profits if it charges the two prices as mentioned above?

60
55
b. What are the profits of the firm if it charges a single
50
45
price?
40
35
30
25
MC
20
$
1225
15
10
MR
D
Suppose the monopolist able to successfully price
discriminate between two groups by charging one group
0 5 10 15 20 25 30 35 40 45 50 55 60 65 70 75 80 85 90 95100
Quantity
$
60 and charging $35 to the other group.
c. What are the firm's profits if it charges the two prices as
mentioned above?
1425
Incorrect
Price and Costs($)
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Transcribed Image Text:60 55 b. What are the profits of the firm if it charges a single 50 45 price? 40 35 30 25 MC 20 $ 1225 15 10 MR D Suppose the monopolist able to successfully price discriminate between two groups by charging one group 0 5 10 15 20 25 30 35 40 45 50 55 60 65 70 75 80 85 90 95100 Quantity $ 60 and charging $35 to the other group. c. What are the firm's profits if it charges the two prices as mentioned above? 1425 Incorrect Price and Costs($)
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