Question: There are two questions to this problem set please answer both: 1.) this market? A firm faces a demand function of q # 100 -
There are two questions to this problem set please answer both:
1.)


this market? A firm faces a demand function of q # 100 - 2p and has constant marginal cost of 20. Suppose the firm can perfectly price discriminate. What is consumer surplus inA monopoly with constant marginal costs of $50 can sell to three groups of potential consumers, with demands @ 1 - 800 - 0.2 p, 02 = 400 - p, and Q3 = 700 0.4 p respectively. Find the optimal price quantity combination in each market if the firm is able to price discriminate. 101 - 500, p1 - $905, (2 - 200, p2 - $150, 03 - 200, and pa = $960. (1 0 - 325, p1 - $1 800, 02 - 300, p2 - $175 03 - 140, and p3 = $850. -425, P1 $1,005, 02 - 100, p2 - $200, Q3 - 220, and p3 = $700. Q1 - 395, $2,025, 02 - 175, p2 = $225, 03- 340, and pa = $900
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