subject
Business, 12.03.2021 15:50 vpowell5371

Suppose a nonlinear price discriminating monopolist faces an inverse demand​ curve: P = 175 - Q​
and can set three prices depending on the quantity a consumer purchases. The​ firm's profit​ is: ​
pi = P1 Q1 + P2 (Q2 - Q1) + P3 (Q3 - Q2) - mQ3
where p1 is the high price charged on the first units Q1 ​(first block) and p2 is a lower price charged on the next (Q1 - Q2) units and is the lowest price charged on the remaining (Q3 - Q2) units. Q3 is the total number of units actually​ purchased, and m ​= ​$50 is the​ firm's constant marginal and average cost. Using​ calculus, determine the​ profit-maximizing values for p1, p2​, and p3​, and the​ firm's profits.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 21:00
Resources and capabilities, such as interpersonal relations among managers and a firm's culture, that may be costly to imitate because they are beyond the ability of firms to systematically manage and influence are referred to asanswers: socially complex.causally ambiguous.path dependent.the result of unique historical conditions.
Answers: 3
question
Business, 21.06.2019 22:10
You have just received notification that you have won the $2.0 million first prize in the centennial lottery. however, the prize will be awarded on your 100th birthday (assuming you're around to collect), 66 years from now. what is the present value of your windfall if the appropriate discount rate is 8 percent?
Answers: 1
question
Business, 22.06.2019 02:20
The following information is available for juno company for the month ending june 30, 2019. * balance as per the bank statement is $ 11 comma 000. * balance as per books is $ 10 comma 400. * check #506 for $ 1 comma 200 and check #510 for $ 900 were not shown on the june 30, bank statement. * a deposit in transit of $ 3 comma 346 had not been received by the bank when the bank statement was generated. * a bank debit memo indicated an nsf check for $ 70 written by jane smith to juno company on june 13. * a bank credit memo indicated a note collected by the bank of $ 1 comma 900 and interest revenue of $ 51 on june 20. * the bank statement indicated service charges of $ 35. what is the adjusted book balance?
Answers: 3
question
Business, 22.06.2019 16:30
On april 1, the cash account balance was $46,220. during april, cash receipts totaled $248,600 and the april 30 balance was $56,770. determine the cash payments made during april.
Answers: 1
You know the right answer?
Suppose a nonlinear price discriminating monopolist faces an inverse demand​ curve: P = 175 - Q​
Questions
question
Mathematics, 08.09.2019 07:10
question
History, 08.09.2019 07:10
question
Mathematics, 08.09.2019 07:10
question
History, 08.09.2019 07:10
question
Mathematics, 08.09.2019 07:10
Questions on the website: 13722363