suppose Rosaria is a simple monopolist who sells rose water measured in ounces. her marginal costs are constant and equal to $1, regardless of who she sells to, and she has no fixed costs to consider. the market for rose water has only two consumers, Ying and Kay. Ying's deman is Q^y = 10 - 2P, while Kay's deman is Q^k = 2 - P Rosalina is able to practice third degree price discrimination. Her total profits are

suppose Rosaria is a simple monopolist who sells rose water measured in ounces. her marginal costs are constant and equal to $1, regardless of who she sells to, and she has no fixed costs to consider. the market for rose water has only two consumers, Ying and Kay. Ying's deman is Q^y = 10 - 2P, while Kay's deman is Q^k = 2 - P Rosalina is able to practice third degree price discrimination. Her total profits are

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter8: Monopoly

Section: Chapter Questions

Problem 9SQ

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