subject
Business, 12.03.2021 15:10 puchie1225

A patent gave Sony a legal monopoly to produce a robot dog called Aibo ("eye-BO"). The Chihuahuasize pooch robot can sit, beg, chase balls, dance, and play an electronic tune. When Sony started selling the toy in July 1999, it announced that it would sell 3,000 Aibo robots in Japan for about $2,000 each and a limited litter of 2,000 in the United States for $2,500 each. Suppose that Sony’s marginal cost of producing Aibos is $500. Its inverse demand curve is in Japan and in the United States. Solve for the equilibrium prices and quantities (assuming that U. S. customers cannot buy robots from Japan). Show how the profit-maximizing price ratio depends on the elasticities of demand in the two countries. What are the deadweight losses in each country, and in which is the loss from monopoly pricing greater?

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 21:30
1. gar principles or "the principles"are intended to do what?
Answers: 2
question
Business, 21.06.2019 23:50
Juan has a retail business selling skateboard supplies he maintains large stockpiles of every item he sells in a warehouse on the outskirts of town he keeps finding that he has to reorder certain supplies all the time but others only once a year how can he solve this problem?
Answers: 1
question
Business, 22.06.2019 17:30
You should do all of the following before a job interview except
Answers: 2
question
Business, 22.06.2019 20:30
When patey pontoons issued 4% bonds on january 1, 2018, with a face amount of $660,000, the market yield for bonds of similar risk and maturity was 5%. the bonds mature december 31, 2021 (4 years). interest is paid semiannually on june 30 and december 31?
Answers: 1
You know the right answer?
A patent gave Sony a legal monopoly to produce a robot dog called Aibo ("eye-BO"). The Chihuahuasize...
Questions
question
English, 09.12.2019 08:31
question
Chemistry, 09.12.2019 08:31
question
Mathematics, 09.12.2019 08:31
question
Mathematics, 09.12.2019 08:31
Questions on the website: 13722363