a Search the web... f a Assignment 2.pdf websites like khan academy Assignment 2 PAssignment 2.pdf file:///C:/Users/Alix%20Joseph/OneDrive/Desktop/Economic%20Folder/Assignment%202.pdf Free Live Stream | Sp EO Economics Online | F NBA TV Live Stream Live Sport Streams, F Price Discrimination 2.1 Random Variables Sports24 | Watch Live of 2 O + Fit to page A) Read aloud Add notes CD Page view 1 2.- You are a monopolist with 15 potential buyers for the two video games you sell, VG1 and VG2. You can produce these games at no cost. (You simply make copies.) There are 3 different types of clients: type A (3 of them), type B (5 of them) and type C (7 of them). The types' willingness to pay for each of the games is given in the following table (each client would buy at most one unit of each of the games): VG1 VG2 Туре А 10 15 Туре В 9 6 Туре С 14 10 (a) If you can only set (linear) prices for each of the two games, what prices would you select? (b) Can you do better with two part tariffs? 3:09 PM OType here to search 9/28/2019 O a Search the web... f a Assignment 2.pdf websites like khan academy Assignment 2 PAssignment 2.pdf file:///C:/Users/Alix%20Joseph/OneDrive/Desktop/Economic%20Folder/Assignment%202.pdf Free Live Stream | Sp EO Economics Online | F NBA TV Live Stream Live Sport Streams, F Price Discrimination 2.1 Random Variables Sports24 | Watch Live of 2 O + Fit to page A) Read aloud Add notes C Page view 2 Type C 14 10 (a) If you can only set (linear) prices for each of the two games, what prices would you select? (b) Can you do better with two part tariffs? (c) Can you do better by selling ONLY the package with the two games? What would then be the price of the package (bundle) that you would set? 3.- (From problem 5.3 in the textbook) A nightclub manager realizes that demand for drinks is more elastic among students, and is trying to determine the optimal pricing schedule. Specifically, he estimates the following average demands: Under 25: q, = 18 - 5p 3:13 PM D 9/28/2019 OType here to search
a Search the web... f a Assignment 2.pdf websites like khan academy Assignment 2 PAssignment 2.pdf file:///C:/Users/Alix%20Joseph/OneDrive/Desktop/Economic%20Folder/Assignment%202.pdf Free Live Stream | Sp EO Economics Online | F NBA TV Live Stream Live Sport Streams, F Price Discrimination 2.1 Random Variables Sports24 | Watch Live of 2 O + Fit to page A) Read aloud Add notes CD Page view 1 2.- You are a monopolist with 15 potential buyers for the two video games you sell, VG1 and VG2. You can produce these games at no cost. (You simply make copies.) There are 3 different types of clients: type A (3 of them), type B (5 of them) and type C (7 of them). The types' willingness to pay for each of the games is given in the following table (each client would buy at most one unit of each of the games): VG1 VG2 Туре А 10 15 Туре В 9 6 Туре С 14 10 (a) If you can only set (linear) prices for each of the two games, what prices would you select? (b) Can you do better with two part tariffs? 3:09 PM OType here to search 9/28/2019 O a Search the web... f a Assignment 2.pdf websites like khan academy Assignment 2 PAssignment 2.pdf file:///C:/Users/Alix%20Joseph/OneDrive/Desktop/Economic%20Folder/Assignment%202.pdf Free Live Stream | Sp EO Economics Online | F NBA TV Live Stream Live Sport Streams, F Price Discrimination 2.1 Random Variables Sports24 | Watch Live of 2 O + Fit to page A) Read aloud Add notes C Page view 2 Type C 14 10 (a) If you can only set (linear) prices for each of the two games, what prices would you select? (b) Can you do better with two part tariffs? (c) Can you do better by selling ONLY the package with the two games? What would then be the price of the package (bundle) that you would set? 3.- (From problem 5.3 in the textbook) A nightclub manager realizes that demand for drinks is more elastic among students, and is trying to determine the optimal pricing schedule. Specifically, he estimates the following average demands: Under 25: q, = 18 - 5p 3:13 PM D 9/28/2019 OType here to search
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
Transcribed Image Text:a Search the web...
f a
Assignment 2.pdf
websites like khan academy
Assignment 2
PAssignment 2.pdf
file:///C:/Users/Alix%20Joseph/OneDrive/Desktop/Economic%20Folder/Assignment%202.pdf
Free Live Stream | Sp
EO Economics Online | F
NBA TV Live Stream
Live Sport Streams, F
Price Discrimination
2.1 Random Variables
Sports24 | Watch Live
of 2 O
+
Fit to page
A) Read aloud
Add notes
CD Page view
1
2.- You are a monopolist with 15 potential buyers for the two video games you sell, VG1
and VG2. You can produce these games at no cost. (You simply make copies.) There
are 3 different types of clients: type A (3 of them), type B (5 of them) and type C (7 of
them). The types' willingness to pay for each of the games is given in the following table
(each client would buy at most one unit of each of the games):
VG1
VG2
Туре А
10
15
Туре В
9
6
Туре С
14
10
(a) If you can only set (linear) prices for each of the two games, what prices would
you select?
(b) Can you do better with two part tariffs?
3:09 PM
OType here to search
9/28/2019
O
Transcribed Image Text:a Search the web...
f a
Assignment 2.pdf
websites like khan academy
Assignment 2
PAssignment 2.pdf
file:///C:/Users/Alix%20Joseph/OneDrive/Desktop/Economic%20Folder/Assignment%202.pdf
Free Live Stream | Sp
EO Economics Online | F
NBA TV Live Stream
Live Sport Streams, F
Price Discrimination
2.1 Random Variables
Sports24 | Watch Live
of 2 O
+
Fit to page
A) Read aloud
Add notes
C Page view
2
Type C
14
10
(a) If you can only set (linear) prices for each of the two games, what prices would
you select?
(b) Can you do better with two part tariffs?
(c) Can you do better by selling ONLY the package with the two games? What
would then be the price of the package (bundle) that you would set?
3.- (From problem 5.3 in the textbook) A nightclub manager realizes that demand for
drinks is more elastic among students, and is trying to determine the optimal pricing
schedule. Specifically, he estimates the following average demands:
Under 25: q, = 18 - 5p
3:13 PM
D 9/28/2019
OType here to search
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