Y5 Question #4OOOO3. Chesterfield Pharmaceuticals is a price discriminating monopolistic producer of an effective arthriticdrug. It can be taken by humans as well as dogs and cats. Humans that suffer from the debilitatingcondition are willing to pay the following prices and quantities for the miracle cure and are illustrated inSchedule (1). The Pets' owners are willing to pay the following prices and quantities shown in Schedule(2).Schedule (1)Price Quantity$115.00Dс$100.50$83.00$71.00$61.50$55.00$48.00$42.50$37.00$33.00$29.5010Assume that the marginal cost and the average total cost are always $33 for production andsale in both markets.ABO Ea.b.01d.e.23454. If Chesterfield can price discriminate, what will be the quantity sold and the price that prevails in thehuman market?6789Schedule (2)Price$71.66$63.00$55.10$48$42.00$37.00$33.00$29.66QuantityQ=1 unit; P = $100Q=2 units; P= $83Q=3 units; P= $71Q= 4 units; P = $61.50None of the above01234567

Price discrimination is the practise where producers charge different prices to different consumers…

4. If Chesterfield can price discriminate, what will be the quantity sold and the price that prevails in the human market? a. b. d. Q=1 unit; P = $100 Q=2 units; P= $83 Q=3 units; P= $71 Q=4 units; P = $61.50 None of the above

4. If Chesterfield can price discriminate, what will be the quantity sold and the price that prevails in the human market? a. b. d. Q=1 unit; P = $100 Q=2 units; P= $83 Q=3 units; P= $71 Q=4 units; P = $61.50 None of the above

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Similar questions

The government announces programs designed to reduce the share of income going to the top quintile from 60% to 20%. You predict that the most likely result is that: O mean household income will fall, because the highest income earners will earn less and work less. median household income will rise, because some of the 40% of redistributed income will be transferred to the third quintile. after redistribution, each quintile will receive 20% of total wealth. O the lowest quintile will receive the 40% taken from the top quintile and switch places.
Q6
Jackie moved to Spain to work for a public relations firm. She had health insurance from herprevious employer, but she was surprised to learn that her new employer in Spain did notoffer healthcare coverage. When she asked about this, she was told that more than 90percent of Spaniards use the public healthcare system, which was mostly free. However,her new employer did provide supplementary private health insurance that would allow herto receive quicker care from a private hospital if she desired.Jackie learned that she would be paying 4.7 percent of her salary and her employerwould pay 23.6 percent of her salary to the government for health insurance. She was given a Tarjeta Sanitaria Individual health card to prove that she had health insurance. With this,she could get free care at public hospitals and doctors’ offices. However, before seeing adoctor, she would need to register with a local primary care physician and decide whethershe would use public or private payment. If she needed…
Please do fast and add explanation and check answer properly.........
Number of outpatient visit has.... and number of hospital beds has... over the last four decades in the US.
Over the past 40 years in the United States, the number of vehicles on the road has A) decreased but the number of vehicle miles has increased, and the pollution per car has increased. B) decreased, the number of vehicle miles has decreased, and the pollution per car has decreased. C) increased, the number of vehicle miles has increased, but the pollution per car has decreased D) increased, the number of vehicle miles has increased, and the pollution per car has increased.
According to data from Yelp, more than 55 percent of the 132,500 businesses listed on the site that closed during the pandemic will remain shuttered permanently. Although government relief bought some companies time, businesses that are now closed will likely remain that way for the long term. Restaurants account for the greatest share of permanent and temporary closures, followed closely by retailers and then beauty salons and spas. “Businesses are needing to decide, ‘Do I renew my lease on my space for another year?’ It is really hard to make a one-year commitment to paying rent when businesses are closing down for the second time and there’s no end in sight to this virus,” said Michael Stepner, a postdoctoral researcher at Harvard University. “The longer these temporary closings go on, the more of them will turn permanent.” States that depend heavily on tourism like Hawaii and Nevada have experienced the most closures per capita. As businesses close across the country, it becomes…
5. What is overconsumption? How does overconsumption mirror overpopulation?
Here are mortality rates for brooklyn neighbourhoods for 2012, the number of deaths, crude rates, age adjusted rates. The age adjutment is done directly against a standard population. How do you explain Bushwick and Coney islands. Crown heights South and East Flatbush adjusted rates are similar to their crude rates, what does this mean? BROOKLYN NEIGHBOURHOODS DEATHS 2012 UNADJUSTED RATE AGE-ADJUSTED RATE Williamsburg, Greenpoint (01) 807 4.6 6.1 Fort Green, Brooklyn Heights (02) 621 6.1 6.6 Bedford Stuyvesant (03) 951 6.2 7.6 Bushwick (04) 471 4.1 6 East New York (05) 1,059 5.8 6.7 Park Slope (06) 503 4.7 5.8 Sunset Park (07) 508 4 5.3 Crown Heights North (08) 571 5.9 6.6 Crown Heights South (09) 555 5.6 5.6 Bay Ridge (10) 903 6.6 5.5 Bensonhurst (11) 1,215 6.2 5 Borough Park (12) 946 4.8 5.1 Coney Island (13) 1,163 11 6.5 Flatbush, Midwood…
Pls help with below homework. Why do social workers care about stringency of eligability? What sorts of things does stringency of eligibility refer to?
Supply and Demand: End of Chapter Problems 9. Adjust each graph to show the indicated change. In each graph, click on the line or its midpoint to see the options. a. An increase in quantity demanded b. A decrease in demand Quantity Question Source: Chiang 4e- Economics Princidles FoHA Changing World Publisher: Worth 11:06 PI 65°F 10/13/20 Price
SLO-4.1. The amount of money people have to spend after buying necessities such as food, clothing and housing is Osavings Odiscretionary income Onet income Ogross income