Calculate the producer surplus associated with the outcomes generated in part b. d. Now calculate the equilibrium price and quantity if the firm charges one price across all consumers. What is the producer surplus associated with this outcome and how does it differ to that calculated in part c?
Solve only c and d
2. There are 2 groups with different demand in a market, as follows: ?!=40−?1 and ?"=100−2?2
a. Give the inverse demand
b. If marginal cost is flat at $10, calculate the profit-maximizing quantities and prices associated with this market place. Are the prices for each group different? Comment on the outcomes.
c. Calculate the
d. Now calculate the
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