A Monopolist selling a cell phone in two separate markets. They must decide how much to sell in each market in order to maximize their total profits.
The demand in the Brazilian Market is : QBrazil = 120 – 10PBrazil
The demand in the United States Market is: QUSA = 60 – 20PUSA
If Total Cost is: TC = 90 + 2(QUSA +QBrazil)
Calculate the Price and Quantity if the Monopolist Maximized their profit and sells in both markets? (8 Points)
Calculate the Profit if he Monopolist Maximized their profit and sells in both markets? (6 Points)
In the absence of 3rd Degree Price Discrimination and the firm must sell at the same price in both markets, what is the price, quantity and total profit? (6 Points)
Answers: 2
Another question on Business
Business, 22.06.2019 09:20
Which statement best defines tuition? tuition is federal money awarded to a student. tuition is aid given to a student by an institution. tuition is money borrowed to pay for an education. tuition is the price of attending classes at a school.
Answers: 1
Business, 22.06.2019 13:30
If the economy were in the contracting phase of the business cycle, how might that affect your ability to find work?
Answers: 2
Business, 22.06.2019 15:20
Gulliver travel agencies thinks interest rates in europe are low. the firm borrows euros at 5 percent for one year. during this time period the dollar falls 11 percent against the euro. what is the effective interest rate on the loan for one year? (consider the 11 percent fall in the value of the dollar as well as the interest payment.)
Answers: 2
Business, 22.06.2019 15:30
For a firm that uses the weighted average method of process costing, which of the following must be true? (a) physical units can be greater than or less than equivalent units. (b) physical units must be equal to equivalent units. (c) equivalent units must be greater than or equal to physical units. (d) physical units must be greater than or equal to equivalent units.
Answers: 1
You know the right answer?
A Monopolist selling a cell phone in two separate markets. They must decide how much to sell in each...
Questions
Mathematics, 25.03.2020 18:50
Mathematics, 25.03.2020 18:50
History, 25.03.2020 18:51
Mathematics, 25.03.2020 18:51
History, 25.03.2020 18:51
Mathematics, 25.03.2020 18:51
