26 Jul HOW SHOULD THAT OUTPUT BE ALLOCATED BETWEEN MARKETS 1 AND 2?
The following shows the demands and marginal revenue in two markets 1 and 2 for a price discrimina Show more The following shows the demands and marginal revenue in two markets 1 and 2 for a price discriminating firm along with total marginal revenue MRT and marginal cost MC Question 1 How much total output should the firm produce (for both markets combined)? (It would be easiest to copy and paste the picture above and draw directly on the picture using Insert Shapes to do the next few questions.) Select one: a. 75 units b. 250 units c. 225 units d. 425 units Question 2 How should that output be allocated between markets 1 and 2? Select one: a. 125 units in market 1; 180 units in market 2 b. 75 units in market 1; 150 units in market 2 c. 225 units in market 1; 250 units in market 2 d. 150 units in market 1; 310 units in market 2 Question 3 What price should the firm charge in each market? Select one: a. $27.50 in both markets b. $27.50 in market 1; $35 in market 2 c. $20 in both markets d. $22.50 in market 1; $32 in market 2 Show less
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.
About Writedemy
We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.
How It Works
To make an Order you only need to click on “Order Now” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Are there Discounts?
All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.