Question
Seafood Salt Company wishes to third degree price discriminate between retail grocers (group A) and commercial users such as bakeries (Group B). The firms total
Seafood Salt Company wishes to third degree price discriminate between retail grocers (group A) and commercial users such as bakeries (Group B). The firm’s total cost schedule is TC = $10*QA + $25*QH. Demands for retail grocers and commercial users are, respectively, QA = 4,000*PA-1.5 and QB = 100,000*PB-2. The profit-maximizing prices to charge Groups A and B are _____.? A.$20, $30. B.$30, $50. C.$40, $50. D.$60, $80. E.None of the above.
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Corporate Computer Security
Authors: Randy Boyle, Raymond Panko
4th edition
133545199, 978-0133545197
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