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

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter4: Estimating Demand
Section: Chapter Questions
Problem 6E
icon
Related questions
Question

2

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
Transcribed Image Text: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
Transcribed Image Text: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
Expert Solution
steps

Step by step

Solved in 3 steps with 2 images

Blurred answer
Knowledge Booster
Budget Constraint
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Managerial Economics: Applications, Strategies an…
Managerial Economics: Applications, Strategies an…
Economics
ISBN:
9781305506381
Author:
James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:
Cengage Learning
Microeconomic Theory
Microeconomic Theory
Economics
ISBN:
9781337517942
Author:
NICHOLSON
Publisher:
Cengage