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A manufacturer of flash drives has a profit function :r = t - 10;;2 where ris the price charged for a ash drive aha qr2

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A manufacturer of flash drives has a profit function :r = t - 10;;2 where ris the price charged for a ash drive aha qr2 is the cost of producing a drive whose capacity is 9 gigabytes. A consumer Si type 5 as a utility function u = 94 t, where 9 takes on a value of 13 for H -type consumers, or 9 for L-type consumers. There are 10 consumers of each type. A consumer gets zero utillty If she does not buy. Answer the following. If rounding is needed, round - : mal points. a} {0.25 point] Suppose (5L. 5;) is the optirn (profit maximising capecity-prlce bundle for L-tvpe consumer under complete lnforrnetlon. What is the value . _ of {L 7 . b] (0.25 point) Suppose (lin- fg) is the optimal (profit maximising) capacity-price bundle for H -tvpe consumer under complete inlonnation. What Is the value of 53 ? Iv c) (0.5 points) What is the seller's overall profit under complete information? V a. _ \"I: 9 H 113*\"07/ \"'91 Li?- For part d) - i), assume information is asymmetric. cl! (0-5 Point) Suppose that the seller continues to offer the capacity-price bundles thant under complete information: that Is. he offers (4%, r.) and (EH, 3g). What is the utility for the type 01, consumer from ing the (673%) bundle? That is. what is In. (g. t3 J? I\" uLCJtt): 9L. -tu = ?%o\\U8~W=-2~$

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