A7 Suppose a monopolist sells a product to two consumers i = 1,2 with linear inverse demand functions pi =26-21 and p2 = 23-422, where x; and p, are the quantity demanded and the price per unit paid by consumer i, respectively. The monopolist has a constant marginal cost equal to 2. Determine the profit-maximising solution to the second-degree price discrimination problem, where the monopoly offers take-it or leave-it contracts of quantity z, for a total price of ri (i = 1,2) that each consumer will self-select. What consumer surplus does consumer 1 obtain from purchasing and consuming each package?

E2

A10

Question is in the attached image. Thank you!

3. Suppose the inverse demand function is linear: p(q) = 24-q The monopolist's cost %3D function is c(g)-0.5g*. Assume the monopolist must charge a uniform price. (a) Find the optimum monopoly price and quantity. Also calculate the deadweight loss. (b) Suppose the governmet can levy a lump-sum tax T (i.e., a fixed amount indepen- dent of produetion) and an excise tax t per unit of production on the monopolist. These taxes can be negative, in which case they are subsidies. The proceeds of these taxes can be transferred to consumers. The monopolist is always free to quit the market, in which case she does not have to pay any taxes. The government wants to maximize the ensumer welfare: Pind the optimum vaues of t and

i need the answer quickly

Exercise A.6 A monopolist facing the demand curve Q = 42 – 0.6P operates with constant average and marginal costs equal to 20.  a) Calculate the quantity, price and profit obtained by the monopolist. Represent graphically. (b) What quantity, what price and what benefit will you get if you can apply first-degree price discrimination? Calculate the consumer surplus and represent graphically. c) The monopolist warns that he can separate consumers into two distinct groups with demands Q1 = 12 - 0.1P1 and Q2 = 30 - 0.5P2. Calculate the quantities, the prices you will set in each market, and the profit you will make. Represent graphically.

02

The figure at right shows the demand line, marginal revenue line, and cost curves for a single-price monopolist. Now suppose the monopolist is able to charge a different price on each different unit sold. 200- The profit-maximizing quantity for the monopolist is 400. (Round your response to the nearest whole number.) 180 160- MC The price charged for the last unit sold by this monopolist is s450 (Round your 140- response to the nearest dollar) 2 120, ATC The monopolist's profit is $ 50. (Round your response to the nearest dollar.) 100- 80 60- 40- 20- MR D- 76 150 225 300 375 450 525 600 675 750 Quantity Price (S)

Give typed explanation