Cosmo Sports faces two different inverse demand curves D1 for people who have birthday when coming to play bowling and D2 for those not having birthday but want to play bowling. Assume a-90€; b=50€; c=18€; d=30; e-75 in the figure be- low. Answer the questions below. Choose the correct answer or enter a natural number! D1 D2 Desktop A MC Which type of price discrimination does Cosmo Sports practice if it is able to charge different prices for peoply who have birthday and who don't? --- bitte auswählen ---- For People who have birthday How many people will play bowling on their birthday and at which price if Cosmo Sports price-discriminates? QB- bitte auswählen- 1st degree PD 2nd degree PD P3rd degree PD Intertemporal PD Peak-Load Pricing Two-part Tariff Bundling Calculate Cosmo Sports' profit and the consumer surplus (CS). Profit- For Others How many other people will play bowling and at which price if Cosmo Sports price-discriminates? Qo Calculate Coosmo Sports' profit and the consumer surplus (CS). Profit Why is price discrimination possible? --- bitte auswählen ----- If Cosmo Sports has fixed costs as well, then in each market bitte auswählen ---- bitte auswählen --- bitte auswählen ---- € CS= Why is price discrimination possible? ---- bitte auswählen ---- If Cosmo Sports has fixed costs as well, then in each market powere e cs Why is price discrimination possible? If Cosmo Sports has fixed costs as we Cosmo Sports is acting not legeally MC are the same for both demand curves Both are playing darts Cosmo Sports can identify people who have birthday asking for their passport and therefor arbitrage will occur Cosmo Sports can identify people who have birthday asking for their passport and therefor arbitrage is not possible € bitte auswählen ---- ---- bitte auswählen ---- Po €. CS and profit would increase CS and profit would be unchanged CS would increase and profit is the same CS would fall and profit is the same CS would be unchanged and profit would fall CS would be unchanged and profit would increase CS and profit would fall freiheit Nutzu
Cosmo Sports faces two different inverse demand curves D1 for people who have birthday when coming to play bowling and D2 for those not having birthday but want to play bowling. Assume a-90€; b=50€; c=18€; d=30; e-75 in the figure be- low. Answer the questions below. Choose the correct answer or enter a natural number! D1 D2 Desktop A MC Which type of price discrimination does Cosmo Sports practice if it is able to charge different prices for peoply who have birthday and who don't? --- bitte auswählen ---- For People who have birthday How many people will play bowling on their birthday and at which price if Cosmo Sports price-discriminates? QB- bitte auswählen- 1st degree PD 2nd degree PD P3rd degree PD Intertemporal PD Peak-Load Pricing Two-part Tariff Bundling Calculate Cosmo Sports' profit and the consumer surplus (CS). Profit- For Others How many other people will play bowling and at which price if Cosmo Sports price-discriminates? Qo Calculate Coosmo Sports' profit and the consumer surplus (CS). Profit Why is price discrimination possible? --- bitte auswählen ----- If Cosmo Sports has fixed costs as well, then in each market bitte auswählen ---- bitte auswählen --- bitte auswählen ---- € CS= Why is price discrimination possible? ---- bitte auswählen ---- If Cosmo Sports has fixed costs as well, then in each market powere e cs Why is price discrimination possible? If Cosmo Sports has fixed costs as we Cosmo Sports is acting not legeally MC are the same for both demand curves Both are playing darts Cosmo Sports can identify people who have birthday asking for their passport and therefor arbitrage will occur Cosmo Sports can identify people who have birthday asking for their passport and therefor arbitrage is not possible € bitte auswählen ---- ---- bitte auswählen ---- Po €. CS and profit would increase CS and profit would be unchanged CS would increase and profit is the same CS would fall and profit is the same CS would be unchanged and profit would fall CS would be unchanged and profit would increase CS and profit would fall freiheit Nutzu
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Consumer surplus is a proportion of buyer government assistance and is characterized as the overabundance of social valuation of item over the cost really paid. It is estimated by the region of a triangle under a demand bend or more the noticed cost.
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