The inverse market demand function is p=100-4q. ?What is the maximum amount of…

The inverse market demand function is p=100-4q. ?What is the maximum amount of money consumers would pay for 10 ?units of output?
The cost function is c(q)=10q ?for all q=0. ?What is the lowest amount of money the producer would accept to produce and sell 10 ?units of output?
The cost function is c(q)=10q+50 ?for all q=0. ?What is the lowest amount of money the producer would accept to produce and sell 10 ?units of output?
The cast function is c(q)=10q+50 ?for all q>0 ?and c(q)=0 ?for q=0. ?What is the lowest amount of money the producer would accept to produce and sell 10 ?units of output?
A producer has the marginal cost function MC(q)=5q ?and no fixed costs. What is the cost of producing 10 ?units of output?
A monopolist is facing a market with two types of consumers. Type A consumers have the inverse demand pA=80-qA. ?Type B ?consumers have the inverse demand pB=80-2qB. ?The monopolist has zero marginal costs.
a. ?Assume that the monopolist can perfectly price discriminate. Find the monopolist’s profits for each type of consumer.
b. ?Now the monopolist cannot perfectly price discriminate, but can practice second degree price discrimination. Which of the following statements are true?
The monopolist makes more profits from type A consumers compared to type B.
The monopolist makes more profits from Type A consumers compared to the profits from Type A consumers in part a.
The monopolist makes more profits from Type A consumers compared to type B consumers.
Type A consumers receive more surplus compared to their surplus in part a.
1
Type B ?consumers receive exactly the same surplus as in part a.
The monopolist’s profits from Type B consumers are exactly the same as in part a.
The outcome is Pareto efficient for type A consumers, and the same is true in part a.
The outcome is Pareto efficient for Type B consumers, and the same is true in part a.
A monopolist is facing the market demand function 120~4q ?and her marginal costs are MC=0 ?for all q=0. ?Find the usage fee and the entry fee under a two-part tariff.
A monopolist is selling two goods, good 1 ?and good 2, ?as a bundle to two type of consumers, Type A and Type B. ?Type A consumers are willing to pay up to 15 ?dollars for good 1 , ?and 13 ?dollars for good 2. ?Type B consumers are willing to pay 16 ?dollars for good 2 ?and 13 ?dollars for good 1 . ?Which of the following statements are true when the monopolist is maximizing profits?
Type B consumers consumers are left with positive consumers’ surplus.
The monopolist can make more profits by selling the programs separately.
Type A consumers receive zero consumers’ surplus.
The profit maximizing bundle is to sell the two goods for 28 ?dollars.