Based on the following graph (which summarizes the demand, marginal revenue, and relevant costs for your product),
Question:
Based on the following graph (which summarizes the demand, marginal revenue, and relevant costs for your product), determine your firm??s optimal price, output, and the resulting profits for each of the following scenarios:
a. You charge the same unit price to all consumers.b. You engage in first-degree price discrimination.c. You engage in two-part pricing.d. You engage in blockpricing.
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a P 60 Q 4 and profits 460 20 160 b Charge the maximum price on the deman...View the full answer
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Related Book For 
Managerial Economics and Business Strategy
ISBN: 978-0071267441
7th Edition
Authors: Michael R. baye
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