Teleport company is a monopolistic offering telephone service in the local market of one city. they were

Fantastic news! We've Found the answer you've been seeking!

Question:

Teleport company is a monopolistic offering telephone service in the local market of one city. they were able to identify two market segments with reman as D1= 120-2P1 for senior people with age of 65 and older and D2=180-8P2 for people less than 65 years old. the cost of providing service for one customer is $10.

if the company charges different price for each segment what is the price to maximize the profit in the market of the people less than 65 years old?

if the company charges different price for each segment what is the largest profit in the market of the people less than 65 years old with the optimal price charged?

Posted Date: Nov 06, 2021 11:37 PM

See More Questions

The median height of boys less than 5 years old can be estimated using the formula H = 2.9x + 20.1, where H is the height in inches and x is the boys age in months. Estimate the median height of boys...
Eric and Mary are now retired. They were able to retired early after selling Marys business. This practice set will not build on previous information, but will use the basic information, SS#,...
In 1990, the ratio of people age 65 or older to people ages 20 to 64 in the United Kingdom was 26.7 percent. In the year 2050, this ratio is expected to be 45.8 percent. Assuming a payas you go...
11. Identify the location of oxidation in an electrochemical cell. A) the salt bridge B) the socket C) the cathode D) the electrode E) the anode 12. Determine the cell notation for the redox reaction...
Why has the HRM function increased in stature and influence in many organizations?
Vail Venture Investors, LLC, has recently acquired a 40 percent equity ownership in Black Hawk Products, Inc., in exchange for a $5 million investment. Vail Venture Investors is interested in...
In his 2023 State of the Union address, President Joe Biden stated, As I stand here tonight, we have created a record 12 million new jobs. Is it likely that the U.S. economy created only 12 million...
Rework in job costing, journal entry (continuation of 18-35). Assume that the 7 spoiled units of Whitefish Machine Shops Job #10 can be reworked for a total cost of $1,700. A total cost of $10,150...
QUESTION 3 (20 MKS) a) Obtain the time-independent Schrodinger Wave equation from the time dependent equation. [10 mks] b) Solve the time-independent Schrodinger equation given that,(x) = Aekx [10...
On June 1, John Sullivan opened a real estate office in Hamilton called Sullivan Realty. The following transactions were completed for the month of June. Note that facsimile documents have been...
What is the product of the following reaction? A) I B) II C) III D) IV NH2 (2 equivalents) I =c-c-CH;CH, H H =c-C-CHCH, HH CEC-CH,CH C=C-CH,CH, IV
Think about what area of accounting you might want to enter ( ( i . . e . , . , Audit, Tax, Financial Accounting, Managerial, Cost Accounting, Forensic Accounting ) . ) . Discuss how having a data...
Question 4(15p) Write a method that will search for a given value on Binary Search Tree. Your Method will be in the BinarySearch Tree class, so you will have an access to the root. (class TNode (int...
Organizations could hire only CPAs and CFAs to perform all necessary accounting functions. This process is A . . effective but not efficient. B . . efficient but not effective. C . . both effective...
When comparing the static planning budget to actual activity, a problem that arises when actual activity is higher than budgeted activity is that. O net income is lower than expected but all or most...
6) Suppose an ArrayList list contains ("yellow", "yellow", "blue"). What is the list after the following code? String element = "yellow"; for (int i = 0; i
A force F = bx acts in the x direction, where the value of b is 3.70 N/m. How much work is done in Joules by this force in moving an object from to x = 0.000m to x = 2.600 m Do not enter the units.
Selected condensed data taken from a recent statement of financial position of Morino Ltd. are as follows. MORINO LTD. Statement of Financial Position (partial) Other current assets...
As an illustration of the difficulty in identifying monopolies, try to decide which of the following are monopolies: a train operating company; your local evening newspaper; the village hairdresser;...
Will competition between oligopolists always reduce total industry profits?
In which of the following industries is collusion likely to occur: bricks, beer, margarine, cement, crisps, washing powder, or carpets? Explain why.

Teleport company is a monopolistic offering telephone service in the local market of one city. they were

Question:

Expert Answer:

Date Page No 0 D 120 2P forsmia people D 180 yearsd 10 Marghal Cost If diffiment phic... View the full answer

Students also viewed these accounting questions