why is price discrimination not possible ubder perfect market conditions?

Q: f the quantity demanded at a price of $10 is 2,000 and he quantity demanded at a price of $8 is…

A: Supply and demand is a monetary model of cost assurance in a market.

Q: How does price discrimination play a role in the economy?How does the idea of price discrimination…

A: Price discrimination is the pricing strategy (usually practiced by a monopolist) whereby the…

Q: hich of the below is NOT an example of price discrimination?     a. A store that offers a senior’s…

A: Here exception is "Competing grocery stores have different prices for milk."

Q: Consider the monopoly pictured below. P. MC 30 ATC 24 AVC 18 12 10 12 MR 20 a What is the quantity…

A: Answer: According to the above figure, the monopolist maximizes its profit at point E where the…

Q: a. Fill the following table: Number of Earning TVC MC AVC TFC TC AFC ATC 100 50 95 46.67 300 270 b.…

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Q: Why under monopolistic competition, a firm doesn't faces perfectly elastic demand curve.

A: # firstly we must understand the monopolistic market structure. In monopolistic market structure…

Q: Suppose the graph represent demand and marginal cost for a Price and costs $50 firm that is able to…

A: When the firms perfectly price discriminate, then the profits of firm will be the area above…

Q: n Price Discrimination, which one of the following is not the condition for success? Select one:…

A: Price discrimination is the strategy of selling the same product at different prices to different…

Q: nalization described in my notes, Section 11.1. If the manufacturer he wholesale price equal to its…

A: Marginal profit is the expansion in profits coming about because of the development of one extra…

Q: Complete the table attached.   Quantity TC TVC AFC ATC MC AVC 1 200           2   100         3…

A: TC=TFC+TVCTVC=TC-TFCAFC=TFCQAVC=TVCQATC=TCQTC=ATC×QTFC=AFC×QTVC=AVC×QMC=∆TC∆Q

Q: If a monopolist attempts to raise its price by a small amount, the quantity that its customers will…

A: A monopolist is the single firm in the market selling the good with no close substitutes. It has the…

Q: Draw a graph of a monopoly making positive profits. Be sure to include labeled axes, MC & ATC,…

A: A monopoly is an imperfect market structure in which a producer or a firm is the sole supplier of…

Q: Under the monopolistic competition price discrimination can be easily made True or false

A: "Monopolistic competition is a type of market structure where firms in this market structure produce…

Q: Nhat is the profit maximizing output for this monpolist? (Pick the best answer.)

A: Profit maximizing condition in monopoly is the output level at which MR = MC

Q: Briefly explain price discrimination? Give examples

A: A monopolist can increase profits through price discrimination.

Q: f) Suppose that the suppl of a monopoly.Calculat mononolist's profits Als

A: Disclaimer : “Since you have asked multiple question, we will solve the first question for you. If…

Q: The table below depicts the revenue for the only restaurant in a small rural town. It costs the…

A: In perfect price discrimination, monopoly charges maximum price consumers are willing to pay for…

Q: Q.4 . (a) Explain the concept price discrimination under monopoly , using a suitable example.…

A: 4)a) Price discrimination is the practice of charging different prices from different consumers,…

Q: If the government allows a monopoly firm to operate with "marginal cost pricing," it will O make…

A: In economics, the method of fixing the price of a commodity to equal the additional cost of…

Q: When a monopolist switches from charging a single price to practicing perfect price…

A: Price discrimination in economics is defined as the practice of charging different consumers…

Q: 7. What is consumer surplus under perfect price discrimination?

A: Consumer Surplus Difference between the price that consumers pay and the price they are willing to…

Q: If demand curve for monopoly is Q = 75 – P/2 and average variable cost is 50 and fixed cost is 25,…

A: A monopolist profit-maximizing price is different than the profit-maximizing price of a firm that is…

Q: In which case a profit-maximizing monopolist will be resource-allocative efficient? Explain your…

A: On the off chance that the monopolist can remove all excess from her purchasers, it will see it…

Q: a. Fill the following table: Number of Earning TVC MC AVC TFC TC AFC ATC 100 50 95 3 46.67 300 270…

A:

Q: are the manager of a monopoly. Your analytics department estimates that a typical consumer's inverse…

A: A monopoly is the sole producer of a good thus having maximum market power hence it acts as a price…

Q: There is no shut-down rule for a monopoly because a monopoly always makes an economic profit. OA.…

A: In the short run, a firm either maximizes profit, minimizes the losses, or shut down production. In…

Q: A monopolist has the following average révenue and lon AR = a - bQ AC = C (a > 0, b > 0, 0 <c< a) a.…

A: The above question is based on the relations between different types of costs involved in the…

Q: What is price discrimination and when does it work?

A: Price discrimination is an act of charging different prices for the same product to different…

Q: What are the features of monopoly market?

A: Monopoly is a market where there is single seller who sells unique product in the market and can…

Q: e) Consider the case that the developer of the App wants to maximize the overall welfare and not…

A:

Q: The following graph shows the short-run cost and revenue situation for a regulated monopoly. If this…

A:

Q: e. Explain what is the "perfect first-degree and the second-degree price discrimination". Suppose a…

A: Price discrimination: It refers to the price that has been charged by the producers to different…

Q: Tara loves to go through the Saturday paper and cut out supermarket coupons. How do you think Tara's…

A: The practice of selling identical goods and services at different prices to the consumers by the…

Q: Figure Monpo12: A Fim in An Imperfectly Competitive Industry Price MC Given: P* Q* = 150 ATC AVC P*…

A: A monopoly firm produces at the intersection point of the MR and MC curve.  The output corresponding…

Q: a) Write down three types of price discrimination behavior of a monopolist. What are the basic…

A: Answer- "thank you for submitting the question but we are authorized to solve one question at a…

Q: a) Using the following graph state the price and quantity the firm will be at if the monopoly market…

A: a. The monopoly is the market condition in which there will be only a single seller in the market…

Q: Where would a profit-maximizing monopoly choose to set the price? Select an answer and submit. For…

A: The monopoly is the type of market structure where there is single seller and multiple buyers in the…

Q: What’s the total profit in the market when the firm price discriminates between the two groups? How…

A: A monopolist produces the good that it can produce solely. When two groups are there, there are two…

Q: ose the graph represent demand and marginal cost for a that is able to engage in perfect price…

A:

Q: A monopolist maximizes profit at the quantity at which: O P= AC. MR = AC. %3D O MR = MC. OP = MC.

A: A monopoly is a market arrangement in which only one supplier or business operates.This single…

Q: What is the optimal monopoly regulated price? S (enter your response as a whole number) The total…

A: what is the optimal monopoly regulated price? optimal price is where there is competitive profit…

Q: In the graph below, the monopoly maximizes its profits at and charges a price of $ S/at MC ATC Po…

A: Monopoly is the single firm in the market selling unique good

Q: A. Consumer surplus and deadweight losses are transformed into monopoly profits.  B. Consumer…

A:

Q: You are the manager of a monopoly. Your anelytics department estimates that a typical consumer's…

A: Below is the given information: Demand function, P = 300 - 20QCost function, C(Q) = 60Q

Q: [11] In the case of first degree price discrimination, each consumer is charged his/her reservation…

A: Price discrimination is a marketing approach in which a vendor charges different prices for the same…

Q: Refer to the graph for a monopolist in short-run equilibrium. The monopolist will charge a price…

A: Monopoly  is the form is market where a single seller sale the product at higher price and earn…

Q: MC Quanity MR What is the profit maximizing level of output for this monopolist? OA OK C

A: Monopoly is a form of market structure in which a single firm sells a commodity for which there are…

Price Discrimination

Price discrimination or differential pricing is based on the principle that the seller will charge the buyer a price based on the buyer’s ability and willingness to pay for the product rather than applying uniform pricing for all.