A monopolist sells its products in two countries and resale from customers is not possible. The inverse demand curve for the monopolist is 150 in country 1 and in country 2. Production takes place in country 1, at a constant marginal cost per product of m = 30. Selling its product in country 2 also requires a transportation cost, which is t = 5 per product. Determine for both countries: 1) the monopolist’s optimal price and quantity; 2) the price elasticity of demand at the monopolist’s optimum; and 3) the Lerner‐index.

Use this image to answer the following question. when the economy is operating at point b, the us congress is most likely to follow

Suppose there are three types of consumers who attend concerts at your university’s performing arts center: students, staff, and faculty. each of these groups has a different willingness to pay for tickets; within each group, willingness to pay is identical. there is a fixed cost of $1,000 to put on a concert, but there are essentially no variable costs. for each concert: i. there are 140 students willing to pay $20. (ii) there are 200 staff members willing to pay $35. (iii) there are 100 faculty members willing to pay $50. a) if the performing arts center can charge only one price, what price should it charge? what are profits at this price? b) if the performing arts center can price discriminate and charge two prices, one for students and another for faculty/staff, what are its profits? c) if the performing arts center can perfectly price discriminate and charge students, staff, and faculty three separate prices, what are its profits?

Almeda products, inc., uses a job-order costing system. the company's inventory balances on april 1, the start of its fiscal year, were as follows: