Microeconomics, Student Value Edition (6th Edition)
Microeconomics, Student Value Edition (6th Edition)
6th Edition
ISBN: 9780134125756
Author: R. Glenn Hubbard, Anthony Patrick O'Brien
Publisher: PEARSON
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Chapter 4, Problem 4.3.18PA

Sub part (a):

To determine

The impact of price ceiling during war scarcity.

Sub part (b):

To determine

The impact of new price ceiling introduced by government.

Sub part (c):

To determine

The impact of black market.

Sub part (d):

To determine

The impact on consumer surplus.

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You are the manager of a monopoly that sells a product to two groups of consumers in different parts of the country. Analysts at your firm have determined that group s elasticity of demand is while group s is Your marginal cost of producing the product is $ a Determine your optimal markups and prices under thirddegree price discrimination. b Identify the conditions under which thirddegree price discrimination enhances profits.
Don't used hand raiting and don't used Ai solution
Demand and supply function

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Microeconomics, Student Value Edition (6th Edition)

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