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Question: Congratulations, you're almost there. Again, let's consider a monopolist with the simple cost fun...

Show transcribed image text Congratulations, you're almost there. Again, let's consider a monopolist with the simple cost function C= q in an industry populated by two types of consumers, with exactly equal numbers of each. One type (type A) has individual inverse demand function P=100 – q, and the other type (B) has individual inverse demand function P = 50-2q Suppose the firm can engage in third-degree price discrimination (charging a different price for each type). What price should the firm charge type A consumers? P= what price should the firm charge type B consumers? P=

Congratulations, you're almost there. Again, let's consider a monopolist with the simple cost function C= q in an industry populated by two types of consumers, with exactly equal numbers of each. One type (type A) has individual inverse demand function P=100 – q, and the other type (B) has individual inverse demand function P = 50-2q Suppose the firm can engage in third-degree price discrimination (charging a different price for each type). What price should the firm charge type A consumers? P= what price should the firm charge type B consumers? P=