QUESTION 3 Price 105 98 91 84 77 70 63 56 49 42 35 28 21 14 h 0 *** O 79 158 237 316 395 - 474 553 632 711 790 Quantity

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Question 3 Price 105 98 91 84 77 70 63 56 49 42 35 28 21 14 H 0 O 79 158 237 316 395 474 553 632 711 790 Quantity 1 (37.57 KiB) Viewed 13 times

Question 3 Price 105 98 91 84 77 70 63 56 49 42 35 28 21 14 H 0 O 79 158 237 316 395 474 553 632 711 790 Quantity 2 (30.83 KiB) Viewed 13 times

Question 3 Price 105 98 91 84 77 70 63 56 49 42 35 28 21 14 H 0 O 79 158 237 316 395 474 553 632 711 790 Quantity 3 (45.14 KiB) Viewed 13 times

Question 3 Price 105 98 91 84 77 70 63 56 49 42 35 28 21 14 H 0 O 79 158 237 316 395 474 553 632 711 790 Quantity 4 (9.32 KiB) Viewed 13 times

Question 3 Price 105 98 91 84 77 70 63 56 49 42 35 28 21 14 H 0 O 79 158 237 316 395 474 553 632 711 790 Quantity 5 (11.95 KiB) Viewed 13 times

QUESTION 3 Price 105 98 91 84 77 70 63 56 49 42 35 28 21 14 h 0 *** O 79 158 237 316 395 - 474 553 632 711 790 Quantity MR ---MC-AC 369 948 1027 A monopoly face the following demand, marginal revenue and marginal cost functions Note that in this case MC(Q)= AC(Q) for all Q. Calculate the monopoly's profits if the monopoly charges the single profit maximizing price 1106

QUESTION 4 Price 180 168 156 144 132 120 108 96 84 72 60 48 36 24 12 0 0 45 90 135 180 225 1 270 315 360 Quantity MR 405 450 -MO-AC 405 540 545 A monopoly face the following demand, marginal revenue and marginal cost functions Note that in this case MC(Q)= AC(Q) for all Q. Calculate consumer surplus if the monopoly charges the (single) profit maximizing price 630 675

QUESTION 5 Price 180 168 156 144 132 120 108 96 84 72 60 48 36 24 12 O O 1 1 1 1 45 90 T 135 180 225 270 315 360 Quantity 11-MR 405 450 <---MC-AC 585 630 540 495 A monopoly face the following demand, marginal revenue and marginal cost functions Note that in this case MC(Q)= AC(Q) for all Q. Calculate the monopoly's profits if the monopoly perfectly price discriminates all answers. 675

QUESTION 6 Suppose that there is a 90 percent change that George's coffee shop will make $7000 in profits in January and a 10 percent chance that it will make -$1000 in profits (.e., it will lose $1000). Calculate the coffee shop's expected profits

Manchester United TV Subscription (l) Vahe to a Manchester United soccer f 530 Package Delane Package The table above shows how much the anon- Manchester United fan and a Manchester Und offer two packages a basic package that includes all games of the main you and womers past seasons, and exclusive player interviews S25 SH would pay for an annual autoporto Mench Unite med by one det and deluxe package that include Because there are many more non Manchester United as the marketing team decides to offer the basic package to they want Manchester United tans to subscribe to the dele package rather than bring to t package the pri by