A software developer has received a patent protection for a software; he has a cost function of c(q)= 2q^2. The developer is facing 2 types of consumers, Firms (F) who have a demand function qF(p) = max{0; 10- p} and Students (S) who have a demand function qS(p)= max{0,5-p}. Calculate the equilibrium when he can discriminate prices between consumers, and also calculate the equilibrium when he can't discriminate between consumers.

A software developer has received a patent protection for a software; he has a cost function of c(q)= 2q^2. The developer is facing 2 types of consumers, Firms (F) who have a demand function qF(p) = max{0; 10- p} and Students (S) who have a demand function qS(p)= max{0,5-p}. Calculate the equilibrium when he can discriminate prices between consumers, and also calculate the equilibrium when he can't discriminate between consumers.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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