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1. (0 A monopolist with cost function e(Q)-jo* faces a consumer whose demand functions are given by (a) [51 Suppose the monopolist cannot engage in any price discrimination. (b) [5) What is the deadweight loss (relative to the competitive market out (c) [5] Now, suppose price discrimination is possible. Find the monopolists (d) [51 What information is required for the monopolist to be able to use Qi=20-P and Q-40-2P. Find the firms optimal pricing strategy. Calculate the firms Lerner index. come) associated with this pricing strategy, if any? optimal third-degree more inelastic at the optimal solution? optimal solution? strategy Which third-degree price discrimination? Give a real-life example where third- degree price discrimination is used.
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20P 3 2. MR-20- 3 MR = MC 3 3 P - MC 16-12 16 =0.25 b) At Comp etitive outcome: P MC=Q 1 5 MC は a.ce discr·minare ^wira ree H NCU charge different price At enmub..wm·MRIzMR2-MC MR. - 20-2e MR 3 2 2. 2. P2 = 15 15 3d) 3n tnird de aree price discrimina non Çtne i. <isin2ish 2. Prevemt resauing mone όγ airdrard., we wu turu anu d.ttuurt Classes nat simgish com n *aff up and charank mice ama

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