Please sir solve this A monopolist can charge different prices in two separate markets whose demand and cost functions are as follows : p1 = 80 - 5q1 , p2 = 180 - 20q2 and C = 20 (q1 + q2 ) Find out the optimal price quantity combination in each market and his total profit level. If he cannot choose price discrimination and charges same prices in both markets, how does the solution change? Explain your answer.
Please Sir, could you help solve problem for me, this is two weeks with it, yet no understanding. A firm's average cost function is given by Y=x²-20x+120 where Y is average cost in naira per unit of output and output price is N10 and is same at all levels. 1. Find the output levels at which the firm breaks even(i.e price=average cost) 2. Graph the cost function and show solution 3. Find a range of prices over which the firm makes across at all levels of output From Nigeria
Sir now I feel, I can solve it. Thank you so much sir.
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thank you so much you are a life saviour
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Thanks so much sir for helping us!
your doing with MC &MR approach method am i right???
Thank You Sir
Thanks for the appreciation
Hello sir. What if the monopoly cannot discriminate and has to charge the same price. How much will he charge and quantity he produces
Please sir solve this
A monopolist can charge different prices in two separate markets whose demand and cost
functions are as follows :
p1
= 80 - 5q1
, p2
= 180 - 20q2
and C = 20 (q1
+ q2
)
Find out the optimal price quantity combination in each market and his total profit level. If he
cannot choose price discrimination and charges same prices in both markets, how does the
solution change? Explain your answer.
Thank you for helping
This is so helpful
My pleasure
Please Sir, could you help solve problem for me, this is two weeks with it, yet no understanding.
A firm's average cost function is given by Y=x²-20x+120 where Y is average cost in naira per unit of output and output price is N10 and is same at all levels.
1. Find the output levels at which the firm breaks even(i.e price=average cost)
2. Graph the cost function and show solution
3. Find a range of prices over which the firm makes across at all levels of output
From Nigeria
I tried to solve the problem but I am getting non real output at break even. Either the question is not feasible or I am not able to solve it
Please sir make sample paper on gate entrance exam
I can't brother. I have my own priorities