Business, 15.04.2020 21:40 ecolifesfsu4949
Second-degree price discrimination is about charging different prices depending on the quantity consumers buy. Selling a number of units as a package at a single price for the package is referred to as block pricing, and is part of a second-degree price-discriminating strategy. Generally, a second-degree price discriminating monopolist sells different packages at different prices. For simplicity, this problem focuses on the pricing (and profits) of a particular block (targeting one particular set of customers), which follows a very similar logic to that of a two-part tariff. The post office has a monopoly in the sale of stamps. The post office has estimated the inverse demand from a customer in its target audience to be p 0.60 0.03q. Assume all consumers in the target audience have identical individual inverse demand functions The post office's marginal cost for a stamp is constant at $0.12. For the questions below, if necessary, round your answers to the nearest two decimals 1st attempt Part 1 (1 point) See Hint Suppose the post office simply sells stamps at a single per-unit price. If the post office is maximizing the amount of profits it can earn by selling stamps individually, it must be earning $ profits per consumer See Hint (1 point) Part 2 Now suppose instead that the post office will sell stamps only in booklets. If the post office uses optimal block pricing, the post office will generate $ of profit per consumer.
Answers: 1
Business, 22.06.2019 09:30
Oliver's company is planning the launch of their hybrid cars. the company has included "never-before-seen" product benefits in the hybrid cars. which type of advertising should oliver's company use for the new cars?
Answers: 1
Business, 22.06.2019 11:30
Chuck, a single taxpayer, earns $80,750 in taxable income and $30,750 in interest from an investment in city of heflin bonds. (use the u.s. tax rate schedule.) (do not round intermediate calculations. round your answers to 2 decimal places.)
Answers: 2
Business, 22.06.2019 18:00
Large public water and sewer companies often become monopolies because they benefit from although the company faces high start-up costs, the firm experiences average production costs as it expands and adds more customers. smaller competitors would experience average costs and would be less
Answers: 1
Business, 22.06.2019 21:50
Varto company has 9,400 units of its sole product in inventory that it produced last year at a cost of $23 each. this yearâs model is superior to last yearâs, and the 9,400 units cannot be sold at last yearâs regular selling price of $42 each. varto has two alternatives for these items: (1) they can be sold to a wholesaler for $8 each, or (2) they can be reworked at a cost of $251,100 and then sold for $34 each. prepare an analysis to determine whether varto should sell the products as is or rework them and then sell them.
Answers: 2
Second-degree price discrimination is about charging different prices depending on the quantity cons...
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