Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Question 8 (Mandatory) (1 point) Consumer A values Good 1 at $10,000 and Good 2 at $4,000. Consumer B values Good 1 at $8,000 and
Question 8 (Mandatory) (1 point) Consumer A values Good 1 at $10,000 and Good 2 at $4,000. Consumer B values Good 1 at $8,000 and Good 2 at $6,000. Assuming costs are zero. If the monopolist could only sell goods separately, what price would the monopolist charge to maximize revenues for Good 1 O $10,000 $8,000 O $9,000 $4,000 Question 9 (Mandatory) (1 point) Consumer A values Good 1 at $10,000 and Good 2 at $4,000. Consumer B values Good 1 at $8,000 and Good 2 at $6,000. Assuming costs are zero, what is the total profit to the monopolist from selling the goods separately if she cannot tell the two customer types apart? $24,000 $20,000 $16,000 $14,000Question 10 {Mandatory} {1 point} Consumer A values Good 1 at $10,000 and Good 2 at $4,000. |[Zonsumer B values Good 1 at $0,000 and Good 2 at $5,000. Assuming costs are zero, what is the best pricing strategy for the monopolist? At this price, what are her total profits? (":1 Bundle the goods at $10,000; Profits = $20,000 0 Bundle the goods at $18,000; Prots = $30,000 '3:an Bundle the goods at $14,000; Profits - $20,000 I3: :1: Bundle the goods at $0,000; Profits = $10,000
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started