Question
How to find unregulated monopolist does not price discriminate , what would be the price and quantity? Micro Unit 4 4.3- Price Discrimination part 2
How to find unregulated monopolist does not price discriminate , what would be the price and quantity?
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/06/667adc8ca2719_884667adc8c7aa41.jpg)
Micro Unit 4 4.3- Price Discrimination part 2 - Graph Practice. Use the graph 8 S80 below to answer the following questions 5. If this unregulated monopolist does not price discriminate, what would be the price and quantity? 6. How much profit would this monopoly earn at the profit maximizing quantity? 7. Assume instead that this monopoly finds a way to perfectly price discriminate. What quantity would be produced? 8. What price would the monopolist charge if it can price discriminate? Explain 9. How much profit would this monopoly earn if it price discriminates? S70 $60 $50 $40 $30 S20 SIO 01 234567891011 12131415 Quantity (Tons) 10. Explain why consumer surplus disappears when this monopoly price discriminates? 11 . Explain why deadweight loss disappears when this monopoly price discriminates? part 3 Stretch Your Thinking 12. In most cases, price discrimination is legal as long as it is not done on the basis of race, religion, nationality, or gender. Do you think charging different prices for the same product is unethical? Explain your reasoning.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-text-image.webp)
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Step: 3
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started