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please solve QI a) ABC toy manufacturing Ltd. produces electronic toy cars. You have been hired by ABC toy manufacturing Ltd. as a marketing specialist.

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QI a) ABC toy manufacturing Ltd. produces electronic toy cars. You have been hired by ABC toy manufacturing Ltd. as a marketing specialist. The CEO comes to you for advice on how to raise revenue. She wants to know if the company should lower electronic toy prices or raise its prices to increase revenue. What information you must know7 tf you have this information, what do you advise? b) Why strategies of a monopolist are not considered to have welfare outcomes. Explain graphically comparing it with the outcome pf 'perfect competition. Each person checking into a resort in India 'ikrequ ired to shoy proof f$itizenshipu The price for the room in the resort is set after the resort ,manager knows what country a person comes from. 1. Which types of price discrimination does this example illustrate? ii- List the conditions necessary for such price discrimination.

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