Chrome File Edit View History Bookmarks Profiles Tab Window G M E B O 7 9 8 0 Thu Nov 18 1:34 PM ... University of Nevada, Las Vega X News Analysis: Coupon Clippin X MindTap - Cengage Learning X G After doing some research, you x + F - CD ng.cengage.com/staticb/ui/evo/index.html?deploymentld=598281236560221612301640424&eISBN=9780357133606&id=1253451226&snapshotld=2527345& Apps Bookmarks "Apple G google TurboTax x - Verizon Level 25 Cox J Travelers UNLV Health Finance Pass Details MI 10 Study Shark Tank Reading List Maxwell CENGAGE | MINDTAP Q Search this course ? My Home News Analysis: Coupon Clipping Craze X 2. Recessions and price discrimination Courses Suppose that you are the marketing manager of Pulp Corp., the only producer of grapefruits in the imaginary economy of Balltown. As a monopolist, Catalog and Study Tools Pulp Corp.'s objective is to maximize its profit, so it is up to you devise a way to increase profits through price discrimination. As a former economics student, you know that many firms successfully practice price discrimination by separating their market into two identifiable types of consumers-what A-Z Rental Options economists call third-degree price discrimination. Examples of this include student discounts, senior citizen discounts, and ladies' night discounts. College Success Tips After doing some research, you conclude that the demand for grapefruits varies greatly between consumers who clip coupons and those who do not. The following graphs show the overall daily demand and marginal revenue (MR) for a pound of grapefruits for each group of consumers and the Career Success Tips marginal cost (MC) for producing a pound of grapefruits. Assume that fixed costs are equal to zero. ? Help Note: You will not be graded on any changes made to these graphs. Give Feedback Coupon Clippers bongo 5.00 T 4.50 Profit Max 4.00 A+ 3.50 3.00 Demand RICE (Dollars per pound of grapefruits 2.50 42 2.00- O 1.50 MC 1.00 0.50 MR 10 20 30 40 50 60 70 80 9 100 QUANTITY (Pounds of grapefruits per day)Chrome File Edit View History Bookmarks Profiles Tab Window G M E B O 7 9 8 0 Thu Nov 18 1:34 PM . .. University of Nevada, Las Vega X News Analysis: Coupon Clippin X MindTap - Cengage Learning X G After doing some research, you x + F- CD ng.cengage.com/staticb/ui/evo/index.html? deploymentld=598281236560221612301640424&elSBN=9780357133606&id=1253451226&snapshotld=2527345& Apps Bookmarks Apple G google TurboTax x - Verizon Level 25 Cox J Travelers UNLV Health Finance Pass Details MI 10 Study Shark Tank Reading List Maxwell CENGAGE | MINDTAP Q Search this course ? My Home News Analysis: Coupon Clipping Craze X Courses Non-Coupon Clippers Catalog and Study Tools (? A-Z Rental Options College Success Tips 5.00 Demand 4.50 Career Success Tips Profit Max 4.00 ? Help 2 3.50 6 3.00 Give Feedback s per pound o 8 2 9 2 bongo MC 1.00 0.50 MR 0 10 20 30 40 50 60 70 80 90 100 QUANTITY (Pounds of grapefruits per day) A+ O Complete the following table by computing the profit-maximizing price and quantity for each consumer type using the ungraded elements on the previous graphs. Price Quantity Consumer Type (Dollars per pound of grapefruits) (Pounds of grapefruits) Coupon Clippers Non-Coupon Clippers Based on this information, you would suggest that the coupon value for grapefruits should be |$ per pound. Overall profit for Pulp Corp.Chrome File Edit View History Bookmarks Profiles Tab Window G M E B O 7 9 8 0 Thu Nov 18 1:34 PM . .. University of Nevada, Las Vega X News Analysis: Coupon Clippin X MindTap - Cengage Learning X G After doing some research, you x + F - CD ng.cengage.com/staticb/ui/evo/index.html? deploymentld=598281236560221612301640424&eISBN=9780357133606&id=1253451226&snapshotld=2527345& Apps Bookmarks "Apple G google TurboTax x - Verizon Level 25 . Cox ] Travelers UNLV Health Finance Pass Details MI 10 Study Shark Tank Reading List Maxwell CENGAGE | MINDTAP Q Search this course ? X My Home News Analysis: Coupon Clipping Craze Complete the following table by computing the profit-maximizing price and quantity for each consumer type using the ungraded elements on the Courses previous graphs Price Quantity Catalog and Study Tools Consumer Type (Dollars per pound of grapefruits) (Pounds of grapefruits) A-Z Rental Options Coupon Clippers Non-Coupon Clippers College Success Tips Based on this information, you would suggest that the coupon value for grapefruits should be |$ per pound. Overall profit for Pulp Corp. Career Success Tips will now be $ per day if it uses this coupon value to price discriminate its customers. ? Help Suppose the economy of Balltown has entered a recession that changes the composition of consumers as shown on the following graphs. That is, some consumers who were formerly non-coupon clippers have now become coupon clippers, and the overall willingness of coupon clippers to pay has Give Feedback declined. Note: You will not be graded on any changes made to these graphs. bongo Coupon Clippers (?) A+ 5.00 4.50 4.00 Profit Max 2 3.50 O 6 3.00 E (Dollars per pound of grapefruits) 2.50 -Demand n 2.00 9 1.50 MC 1.00 0.50 MR 0 10 20 30 40 50 60 70 80 90 100 QUANTITY (Pounds of grapefruits per day)Chrome File Edit View History Bookmarks Profiles Tab Window 1 Q M E B O 7 9 8 0 Thu Nov 18 1:34 PM . .. University of Nevada, Las Vega X News Analysis: Coupon Clippin X MindTap - Cengage Learning G After doing some research, you x + F- CD ng.cengage.com/staticb/ui/evo/index.html? deploymentld=598281236560221612301640424&elSBN=9780357133606&id=1253451226&snapshotld=2527345& Apps Bookmarks "Apple G google TurboTax x - Verizon Level 25 Cox J Travelers UNLV Health Finance Pass Details MI 10 Study Shark Tank Reading List Maxwell CENGAGE | MINDTAP Q Search this course ? My Home News Analysis: Coupon Clipping Craze X Courses Non-Coupon Clippers Catalog and Study Tools (? A-Z Rental Options College Success Tips 5.00 Demand + 4.50 Career Success Tips Profit Max 4.00 ? Help 3.50 Give Feedback 6 3 8 2.50 2 2 bongo 9 1 RICE (D MC 1.00 0.50 MR 10 20 30 40 50 60 70 80 90 100 QUANTITY (Pounds of grapefruits per day) A+ O Complete the following table by computing the profit-maximizing price and quantity for each consumer type during the recessionary period. Price Quantity Consumer Type (Dollars per pound of grapefruits) (Pounds of grapefruits) Coupon Clippers Non-Coupon Clippers Which of the following are conclusions you can make about market conditions in this economy? Check all that apply.Chrome File Edit View History Bookmarks Profiles Tab Window 1 Q M E B O 7 9 8 0 Thu Nov 18 1:34 PM . .. University of Nevada, Las Vega X News Analysis: Coupon Clippin X MindTap - Cengage Learning X G After doing some research, you x + F- CD ng.cengage.com/staticb/ui/evo/index.html? deploymentld=598281236560221612301640424&eISBN=9780357133606&id=1253451226&snapshotld=2527345& Apps Bookmarks Apple G google TurboTax x - Verizon Level 25 . Cox ] Travelers UNLV Health Finance Pass Details MI 10 Study Shark Tank Reading List Maxwell CENGAGE | MINDTAP Q Search this course ? My Home News Analysis: Coupon Clipping Craze X 3.50 Courses r pound of grapefi 3.00- Catalog and Study Tools A-Z Rental Options 2.00 8 1 1.50 College Success Tips W MC 1.00 Career Success Tips 0.50 MR ? Help 10 20 30 40 50 60 70 80 90 100 QUANTITY (Pounds of grapefruits per day) Give Feedback bongo Complete the following table by computing the profit-maximizing price and quantity for each consumer type during the recessionary period. Price Quantity Consumer Type (Dollars per pound of grapefruits) (Pounds of grapefruits) A+ Coupon Clippers Non-Coupon Clippers Which of the following are conclusions you can make about market conditions in this economy? Check all that apply. The coupon value for grapefruits was higher before the recession. Profit would be higher both before and during the recession if coupons were not offered. Profit is higher during the recession than it was before. Profit would be lower both before and during the recession if coupons were not offered. 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