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![[22] According to the Areeda-Turner rule, pricing below
predatory pricing.
A.
B.
C.
D.
total revenue
average total cost
average variable cost
All of the above
is suggestive of a firm engaging in](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6e75b372-484c-4491-83bd-63cff6cd1875%2F7b816b18-1d06-4f40-b0d7-79e7b442edfb%2Fcnk72w_processed.png&w=3840&q=75)
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- (a) The reason firm's use non-linear pricing is to increase the firm's sales increase the firm's revenue change the consumer's preferences o reduce the firm's costsCharging a price to different groups depending on their different demand elasticities is described as ... Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer. a b C Write your response here... d e Question 9 1st Deg Price Discrimination 2nd Deg Price Discrimination 3rd Deg Price Discrimination 2-part pricing BundlingWhat is value-of-service pricing? Is this approach to pricing valid today?
- Please solve Fast i give 2 like The managers of Movies Plus, a large movie theater, want to practice third-degree price discrimination. The managers have learned that college students have an own price elasticity of demand of 1.5 for tickets at Movies Plus and adults have an own price elasticity of 1.2. If the managers have correctly determined the third-degree profit-maximizing price for adults is $15, what is the third-degree profit-maximizing price to charge students? Group of answer choices (1)$13.50 (2)$10.00 (3)$7.50 (4)$8.50List and explain the three kinds of pricing methods. Give an advantage and a disadvantage for each method.MIcro: The company “Mike Broonie” operates in the market of monopolistic competition. Just now, the company weekly produces and sells 100 units of pillows for £12 each. The average total cost to produce the pillows doesn’t depend on the output, being £10 per unit. Having evaluated the price elasticity of demand for its product, the company concluded that demand is inelastic at the moment. a. What indicator characterizes the price elasticity of demand? What formula (or formulas) one can use to calculate this indicator? Choose any number for this indicator that, under the conditions specified in the case, could characterize the price elasticity of demand for the company “Mike Broonie”. b. Imagine that the owner of the company wants to increase the price of the company’s product. How will it affect sales, revenue, and profit (will each of these indicators increase, decrease, or remain the same)? Give here theoretically substantiated forecast. To increase the number of points…
- The following graph shows the daily demand curve for bippitybops in Detroit. Use the green rectangle (triangle symbols) to compute total revenue at various prices along the demand curve. Note: You will not be graded on any changes made to this graph. PRICE (Dollars per bippitybop) OTAL REVENUE (Dollars) 2400 1600 100 90 1200 80 1000 70 800 60 50 40 30 20 2200 + 10 2000 + 1800 + 0 1400 + Calculate the daily total revenue when the market price is $90, $80, $70, $60, $50, $40, $30, and $20 per bippitybop. Then, use the green point (triangle symbol) to plot the daily total revenue against quantity corresponding to these market prices on the following graph. (?) 0 ** B Demand 80 10 20 30 40 50 60 70 QUANTITY (Bippitybops per day) 90 100 Total Revenue A ? Total RevenueQuestion 4 A firm that can price discriminate wants to charge a high price to customers with O elastic, inelastic foreign, domestic O decreasing increasing O inelastic, elastic demand and a low price to customers with demandExcrcise: PcQ)= 90-Q , mc= 30 Q: ca) Find thne opnmal Twe-block pricang quantities and prices pricing (b) Single monopliy pricing Pm 2 (C) row ca> cb) on the samc graph Calculate the CS, PS. DWL m part (a) N(b)
- Consumer H Consumer L Limited $50 $25 Pro $175 $100 5.Refer to the above table of consumer valuations for two versions of a software product. If the manufacturer of the software product hopes to exercise second degree price discrimination, what should be the incentive compatible prices for the Limited and Pro versions of the software? Is second degree price discrimination profit maximizing?33. Rodrigo gets a $1.00 discount by buying Cheerios on the end of the aisle that have a store coupon. Olivia buys the same sized Cheerios at the regular price in the cereal section. Is this price discrimination? True Falsea lock-in stategy bundling intertemporal pricing a teaser strategy