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The cost of the firm is given by: C = 20 + 10Q + Q2. The demand is given by: P = 100 - Q.
The cost of the firm is given by: C = 20 + 10Q + Q2. The demand is given by: P = 100 - Q. (1) (5 points) If it is a single price monopoly firm, what is the consumer surplus and producer surplus? (2) (5 points) What is the pricing strategy under first degree price discrimination? (3) (5 points) If this firm can practice first degree price discrimination, what is the consumer surplus and producer surplus?
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