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Explain why a monopolist can increase profits by practicing price discrimination compared with using a single price to maximize profits? What are the different kinds of price discrimination? What are the necessary conditions required for a monopolist to be able to practice each kind? Provide one example of each of the different types of price discrimination. You may use graphs to illustrate

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Many service industries such as restaurants, nightclubs, movie theatres and hairdressers experience much higher demand during weekends compared to weekdays. Explain a pricing strategy, which would increase profits compared to a single price profit maximizing strategy. Be sure to include a graph, which explains your demand, marginal revenue, and marginal cost.

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You have been asked by your boss to report on the expected profits from a single price strategy compared with a two part pricing strategy. The estimated demand for the firm’s product is: Qd = 4000.2P.
Per unit cost is estimated as constant at $1,000.00. Provide a report which explains the profits from a single price profit maximizing strategy with a two part profit maximizing strategy involving a fixed fee plus a per unit fee. Assume that total fixed cost is $30,000. What is the optimal fixed fee? Why does the two part pricing policy increase total profits?

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Assume that a monopoly has a linear demand curve. If It is charging the profit maximizing price, will the demand for its product at that price be elastic or inelastic? Explain fully

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) If X is a Poisson variate and p(X = 3) > p(X = 2) then find the minimum value of mean

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A company produces one-kilogram sugar packets. The specifications on the net content are 1000 ≠ 5 grams. Assuming that the net content follows normal distribution with mean weight as 1005 grams and the process capability equal to 30 grams, find out the proportion of packets that have weight less than lower specification limit. What should be the mean if this proportion is to be reduced to 0.01?

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if there is a crest at x=3m at time t, find three other positions of the crest at that instant?

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What are the difference between acid phosphatase and alkaline phosphatase?
Is there catalytic mechanism the same?

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hi! please help me out with prob.stuff. got stuck with one problem from my homework, need advice.

We have n letters for constructing words, letter a occurs α times, letter b occurs β times, and the remaining letters are distinct. How many different r-letter words containing h times letter a and k times letter b are possible?

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HOW TO SEARCH GRADE OF THE STUDENTS USING LINEAR SEARCH IN C++ BY USING STRUCTURES....PLEASE I NEED FEED BACK WITHIN 24 HOURS..

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