a) landowner owns a very popular plot of land. This is the last plot area that

the governing powers allowed developed in the vicinity of a National Park. The landowner is

in other words monopolist.

He must decide how many plots to regulate before the plots are put up for sale. He must also sell all the plots that are regulated and must take the same price per plot from everyone

the land purchase pairs. The local authorities have stated that they will not allow more than 100 plots in the area to be regulated. The area has no economic value for other uses.

It costs the landowner $ 40,000 in basic investments, etc. per plot he lays out for

saddle. The landowner needs help calculating the inverse

the demand function for these plots. It is:

pD = 200 000 - 1000Y, where Y = number of regulated plots and pD = dollars per plot

The landowner wants to maximize the net income from this cottage area. How many plots does he want to put up for sale? And what price does he want to take per. Lot?

b) Unfortunately for the landowner, the County Governor's environmental protection department refuses to approve the zoning plan. They set a maximum limit of 50 plots in the area. What price will the landowner now charge per plot?

c) Calculate how much the consumer surplus (CS) and producer surplus (PS) change as

followed by the county governor's intervention.

d)The regulatory authorities suddenly changed their view of the matter and determined that their cabin area

boundaries will be changed, so that there will be 10 landowners in the area who will all be allowed to sell 10 plots

left. The price authorities are able to prevent landowners from cooperating on pricing. Kva

will the price per plot now be? How much surplus does the remaining landowner have to bring?