Is Price Discrimination a case of monopoly only? If yes, then why and how? Why is it favorable to monopolists? And what are the reasons for this act? Can we consider dumping and prices discrimination the same? If yes then how, if not then why? Make a meaningful report to cover all the aspects of monopoly, price discrimination and dumping.

Q: A monopolist’s demand function is given by D(p) = 90 − 2p. This monopolist is facing a cost…

A: D(p) or y = 90 − 2p p = 45 - 0.5y C(y) = (1/2)y2 + 600 TR = p*y TR = 45y - 0.5y2

Q: Assume demand for a particular product is given by p= 120 - q and firms produce with costs c(q) =…

A: A monopoly is a single firm in the market producing unique good

Q: Explain whether regulating a monopolist by forcing it to charge a price equal to its marginal cost…

A: The monopolist generally produced to get maximum profits which he can get at the situation where…

Q: Suppose a monopolist's profit-maximizing output is 500 units per week and that the firm sells its…

A: Profit maximizing units,  Q = 500 Price = $80 per unit Total cost = $6000 Marginal revenue = $35

Q: What is the profit-maximizing price and level of output for the monopolist? What area in the figure…

A: Monopoly can be defined as the market structure in which there is a single producer of a commodity…

Q: (a) Consider a monopolist with a demand function P = 60 – 10Q, where P is price and Q is quantity…

A: A monopolist is the sole producer of the good in the market. Therefore, it charges a price greater…

Q: Assume that the marginal cost curve is given by mc(q) = 10+ 2q. The demand is equal to qd = 130 – p…

A: MC = 10 + 2q Q = 130 - p  MR = 130 -2q ATC = 10 + 100/q + q

Q: ose that a monopolist, who sells all units at a uniform price, faces an inverse market demand curve…

A: Given  Inverse demand curve of monopolist: P=200-4Q          ....(1)   Cost of production =0. So…

Q: How was De Beers able to control the world price of diamonds over the past several decades even…

A: Marketing agreement with many independent diamond producers was the main reason why De Beers was…

Q: Use the following to answer questions (19) - (21): Suppose a monopolist faces the following market…

A: “Since you have posted multiple questions as per the Bartleby guidelines we will only be able to…

Q: Assume that a pure monopolist and a purely competitive firm have the same unit costs. Contrast the…

A: With the same unit costs, the contrast can be seen between the pure monopolist and a pure…

Q: 4. For a monopolist with marginal cost of c, where c> 0, facing a market demand of X(p) = a – bp,…

A: Block rate tariff In this type of tariff different blocks are given according to the energy…

Q: Give two examples of price discrimination. In each case, explain why the monopolist choices to…

A: Price discrimination occurs when different prices are charged for the same good consumed.  Examples…

Q: Show why the optimal third-degree price discrimination requires that marginal revenue for each group…

A: When the sellers charge different prices for the same product from different consumers pr buyers…

Q: Suppose that the monopolist can produce with total cost: TC = 100. Assume that the monopolist sells…

A: In a monopolistic market, a product is produced by only one company. Because there is no substitute,…

Q: Why Marginal Revenue is less than Price for a monopolist facing a downward sloping market demand…

A: NOTE: We’ll answer the first question since the exact one wasn’t specified. Please submit a new…

Q: The pure monopolist will maximize his profits when average cost equals marginal revenue. True or…

A: Monopoly refers to a market structure where there is only one firm selling a unique product and…

Q: 2.1 Graphically illustrate and explain the monopolist’s output decision.

A: A monopolistic market has no competition, meaning the monopolist controls the price and quantity…

Q: Assume demand for a particular product is given by p = 120 - q and firms produce with costs c(q) =…

A: Dear student, you have asked multiple sub-part questions in a single post.In such a case, as per the…

Q: A seller is said to practice price discrimination if it sells the same product at different prices…

A: The firm follows the strategy of price discrimination. Firm tends to charge higher price in market…

Q: Is Price Discrimination a case of monopoly only? If yes, then why and how? Why is it favorable to…

A: A price-taking firm can only take the market value as given—it isn't in a very position to form…

Q: We learned that in a competitive market equilibrium the Marginal Cost equals the Price, as Marginal…

A: Monopoly is a form of market structure in which a single firm sells a commodity for which there are…

Q: Market research shows that a particular monopolist faces a market demand function given by Its cost…

A: Dear student, you have asked multiple sub-part questions in a single post.In such a case, as per the…

Q: Suppose a monopolist's profit-maximizing output is 400 units per week and that the firm sells its…

A: Profits are calculated as: Profit=TR-TCTR=P×Q Where TR is the total revenue, found out by the amount…

Q: Price Quantity cost cost $10 $8 $0 $9 1 8 $8 8. 8. $7 3 8 10 $6 4 8 11 $5 8 13 $4 6 8 16 $3 7 20 $2…

A:

Q: The table below represents the revenues for a monopolist. Suppose the monopolist has a marginal cost…

A: Perfectly discriminating firm produces and sell output at where P= MC and sell each unit at…

Q: What is the usual shape of a marginal revenue curve for a monopolist? Why?

A: A monopoly is a market where there is one seller for the product and the monopolist has control over…

Q: Consider a monopolist operating on a market with a downward sloping demand curve. The monopolist has…

A: Price elasticity of supply assesses a commodity or service's responsiveness to a change in its…

Q: Give two examples of price discrimination. In each case, explain why the monopolist chooses to…

A: The price discrimination refers to the pricing practice where the producers sell similar types of…

Q: What determines whether or not a monopolist is able to charge different prices for the same product?…

A: Some (but less) consumer surplus can be extracted to increase profits even when the monopolist…

Q: Given the same costs, the monopolist produces less output and charges a higher price compared to the…

A: Answer to the question is as under:

Q: Does a monopolist firm always earn abnormal profit? Yes/No. Explainy your answer theoretically and…

A: Monopoly is a form of market organization in which a single firm sells a commodity for which there…

Q: a.   At what output rate and price does the monopolist operate?         b.   In equilibrium,…

A: a. Profit is maximized by producing at MR =MC and charges the maximum price consumers are willing to…

Q: What are the main barriers to entry in the electricity supply market, and how Electricity Company…

A: 1.ans.. Part 1st Conditions of entry into electricity generation markets have some features in…

Q: monopolist faces the following demand curve:  Quantity  Price 1  $15 2  $12 3  $9 4  $6 5…

A: Revenue is the amount of money that is earned by the business through its activities.

Q: Assuming that the firm is the only producer in a market, the social cost of the output decision of a…

A: When the price rises over the competitive price level, there is always a social cost. Competitive…

Q: Suppose that a monopolist’s demand curve is P = 9 – 2*Q. Marginal cost is expressed as follows: MC =…

A: We are given,               P = 9-2Q                                            (1)             MC =…

Q: What is the usual shape of a marginal revenue curve for a monopolist? Why? 2.When a monopolist…

A: A monopoly is a market structure in which only one firm sells output, this firm has all market power…

Q: 3,600.0 3,400.0 3,200.0 3,000.0 2,800.0 2,600.0 2,400.0 2,200.0 2,000.0 1,800.0 1,600.0 1,400.0…

A: Total revenue is the total receipts a firm receives from selling its output, it is a product of…

Q: What is the usual shape of a marginal revenue curve for a monopolist? Why? How can a monopolist…

A: A market is a place where the buyers and the sellers interact with each other and the exchange of…