The Bookshop, the only one on campus, is very popular with students and non-students. Its bestselling software package, Math Angel, is popular among both groups of customers. The demand for Math Angel from the students is given by p = 120-qs, and from the non- students by p = 210 −4n. The cost of each software package for the bookshop is $60. 3 a) Currently, the Bookshop charges the same price for Math Angel to students and non- students. Can you determine the profit-maximising price in this case? How many software packages will students buy? And non-students? b) One of the economics students advised the manager of the Bookshop to introduce third- degree price discrimination: charge different prices for the software to students and non- students. So, if a student shows their student ID, then s/he can buy the student edition of Math Angel at the special student price; otherwise, s/he has to buy the regular edition at a regular (non-student) price. The student version has some features of the regular version of the software disabled. (Note that is a standard business practice). Since students never use these more advanced features anyway, their demand for both (student and regular) versions is the same. What prices should Bookshop charge to students and non- students to maximise its profit? How many packages will each group buy? c) Explain (without doing any calculations) which profit will be higher: in part (a) or (b)? What does it tell us about the apparent generosity of companies and government when they charge special discounted prices for goods, transport, utilities, services and so on to students and pensioners? d) Illustrate your solution on a graph: show the demand of each group and the total demand, corresponding marginal revenues, MC, equilibrium prices and quantities for parts (a) and (b) on the same graph. Compare total welfare (social surplus), consumer surplus, producer surplus and deadweight loss in parts (a) and (b). As usual, we need to ask Cui bono? Who benefits?

What percentage of consumers believe consumer-generated content (CGC) is the most authentic form of all content?A. 20%B. 40%C. 60%D. 80%E. 90%

The first step to take when you consider making a major purchase is to decide (a) whether you need the product (b) whether you have enough money to buy the product (c) what make and model of the product you should buy (d) where the best place is to purchase the product.

AutoSave W- q5 micro OFF Home Insert Draw Design Layout References Mailings Review View Share O Comments Calibri (Bod... v 11 A^ A Аa v AaBbCcDdE AaBbCcDdEe AaBb( AaBbCcDc AaBbCcDdE€ AqBbCcDdEe > Paste A A No Spacing Subtle Emph... Styles Pane Sensitivity v ab X, Subtitle U Normal Heading 1 Heading 2 Title * Office Update To keep up-to-date with security updates, fixes, and improvements, choose Check for Updates. Check for Updates Consider a monopolist that produces coal for energy, with demand curve defined by P = 190 – 20 and marginal cost given by MC = 10 + 2Q. Also, the firm's average total cost is ATC = 100/Q + Q+ 10. (Price and costs are in dollars per tonne of coal, while quantity is in thousands of tonnes.) Calculate the monopolisť's profit-maximizing quantity, price, and profit. For a monopoly, profit maximization occurs where the marginal revenue equals the marginal cost. a. b. What would be the competitive output and price if this monopolist operated as a competitive firm?…

Only typed answer and please don't use chatgpt otherwise I downvote the answer and please answer correctly

why is visual content important?

Please do not give solution in image format thanku

plz solve both parts within 30-40 mins I'll give upvote

Teresa works mowing lawns and babysitting. She earns 8.40 an hour for mowing and 6.90 an hour for babysitting. How much will she earn for 5 hours of mowing and 1 hour of babysitting?

Which of the following involve a trade-off? a. Buying a new car b. Going to college O c. Watching a football game on Saturday afternoon O d. Taking a nap Oe. All of the answer choices involve trade-offs. Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.