Cosmo Sports faces two different inverse demand curves D1 for people who have birthday when coming to play bowling and D2 for those not having birthday but want to play bowling. Assume a-90€; b=50€; c=18€; d=30; e-75 in the figure be- low. Answer the questions below. Choose the correct answer or enter a natural number! D1 D2 Desktop A MC Which type of price discrimination does Cosmo Sports practice if it is able to charge different prices for peoply who have birthday and who don't? --- bitte auswählen ---- For People who have birthday How many people will play bowling on their birthday and at which price if Cosmo Sports price-discriminates? QB- bitte auswählen- 1st degree PD 2nd degree PD P3rd degree PD Intertemporal PD Peak-Load Pricing Two-part Tariff Bundling Calculate Cosmo Sports' profit and the consumer surplus (CS). Profit- For Others How many other people will play bowling and at which price if Cosmo Sports price-discriminates? Qo Calculate Coosmo Sports' profit and the consumer surplus (CS). Profit Why is price discrimination possible? --- bitte auswählen ----- If Cosmo Sports has fixed costs as well, then in each market bitte auswählen ---- bitte auswählen --- bitte auswählen ---- € CS= Why is price discrimination possible? ---- bitte auswählen ---- If Cosmo Sports has fixed costs as well, then in each market powere e cs Why is price discrimination possible? If Cosmo Sports has fixed costs as we Cosmo Sports is acting not legeally MC are the same for both demand curves Both are playing darts Cosmo Sports can identify people who have birthday asking for their passport and therefor arbitrage will occur Cosmo Sports can identify people who have birthday asking for their passport and therefor arbitrage is not possible € bitte auswählen ---- ---- bitte auswählen ---- Po €. CS and profit would increase CS and profit would be unchanged CS would increase and profit is the same CS would fall and profit is the same CS would be unchanged and profit would fall CS would be unchanged and profit would increase CS and profit would fall freiheit Nutzu

Q: Potatoes cost Janice .50 per pound, and she has $5 that she can spend on potatoes or other items.…

A: Given information, Total utility is defined as the satisfaction obtained from all units of the…

Q: Why does the goal of efficiency conflict with equity?

A: Efficiency is defined as the practice of using the resources to the maximum economic benefit. It…

Q: What happens in the market for video games if the demand for video games increases by more than the…

A: A theory that describes the relationship between the sellers and buyers of a specific item is the…

Q: Table 3-9 Summary of the Gains from Trade Without Trade Production and Consumption With Trade…

A: When the country only consumes what it produces, it is known as the close economy. When the country…

Q: Consider a market in which the demand curve is given Suppose there is a positive supply shock and…

A: Given information: P = 1000 - 5Q ----------> Demand curve equation P = 7.2 Q ------------>…

Q: Brainstorm common items that you think consumers pay too much for or that you think are overpriced…

A: Given data  Scarcity- When a commodity or service is scarce, there is a larger demand for it than…

Q: The term refers to a practice in which employers decide to hire more workers than are required for…

A: Given information, Misallocation-When capital and labor are unfairly spread, less productive…

Q: The gains from two nations depend on ___________. Select one: a. terms of trade b. domestic barter…

A: A proportion of all-out gains from the trade is the amount of buyer excess and maker benefits or,…

Q: The World Health Organization says that it is too costly to try to fully eradicate malaria. By using…

A: Production Possibility curve shows the two goods combinations which can be produced with the help of…

Q: nalyzes yzes the relationship bet viewing the store's data for the previous six months. The da e…

A: In statistics, in addition to the mode and median, the mean is one of the measures of central…

Q: A duopoly faces an inverse market demand of P(Q) = 240−Q. Firm 1 has a constant marginal cost of MC1…

A: Collusive equilibrium refers to the non-competitive, secret and illegal agreement made between…

Q: Suppose that the price of product A increases from $10 to $19. As a result, quantity demanded for…

A: As it is not mentioned I am assuming that we have to find cross price elasticity = (dQb/dPa)x(Pa/QB)…

Q: The higher wage rate ________ the supply of shorts, which ________ the equilibrium price and…

A: As per the law of supply(SS), as the price(P) rises, the quantity(Q) supplied rises. So, the…

Q: What is the equation for the student's budget constraint? In your equation, use Q1 as the variable…

A: The opportunity cost = What is sacrificed / What is gained

Q: A flood decreases the quantity of roses supplied by 90 roses a day at each price. How does the rose…

A: In the free market, equilibrium price and quantity is determined by the forces of demand and supply…

Q: In 2005, suppose a typical U.S. owner of a home theater (a television and a DVD player) bought 16…

A: the Cobb–Douglas production function is a particular type of production functional form which is…

Q: 145. If the firms in an oligopolistic industry can establish an effective cartel, the resulting…

A: When rival businesses in a given sector conspire to make formal, explicit agreements to fix pricing…

Q: The total ingredient (food) cost in a recipe is $4.73; the manager desires a 37.5-percent food cost.…

A: *Hi there , since you have posted multiple questions following our guidelines we will only solve 1…

Q: 43.

A: Microeconomics is that branch of economics where we study the economic problem and issue at small…

Q: How would the production possibilities curve be impacted? Group of answer choices The PPC would…

A: 1. As a result of this policy more students will be able to attend the college. The PPC would shift…

Q: 5. Suppose that the price elasticity of the demand is 0.76. If we increase the price of the the…

A: The degree to which the effective desire for commodity changes as the price(P) of that commodity…

Q: Please answer all. show complete solution. do not use excel please. thank you. Kim deposits her…

A: Given information- Initial bonus amount =10,000 Every year bonus increment by 3,000 Interest rate =…

Q: Scarcity is defined as the condition in which +!! 4 см 9+99

A: One of the key elements affecting supply and demand is scarcity. . In any price-based market,…

Q: candidate 2 He would keep Status quo. vote for the candidate that maximises Jane would her utility.…

A: Marginal tax rate refers to the rate at which a regulatory body or the government of a place charges…

Q: How are the Union for the Mediterranean (UfM) affected and responded to the COVID 19 pandemic?

A: Union for the Mediterranean The Union for the Mediterranean is an international organization…

Q: I am not sure what is the answer

A: We know that The demand curve indicates that when the price of good changes what happens to its…

Q: a) What    is    Economics? b) Differentiate    between    Microeconomics and    Macroeconomics. c)…

A: Note:- Dear learner you have posted multiple questions, as per our policy we have solved only first…

Q: Explanation this problem

A: We know that The labor market refers to the place where the job seekers and the job providers meet.…

Q: a. Suppose that the Scarceland economy is currently in recession, so that there is high level of…

A: Within the function, consumer PPC is limited and constrained. It illustrates a tradeoff between…

Q: Zeitler’s Department Stores sells its products online and through traditional brick-andmortarstores.…

A: Consider the referred parallel-coordinates map, which shows the data from a sample of 20 consumers,…

Q: i need g to h

A: Thank you for the question. As per Bartleby's answering guidelines, we answer 3 subparts per…

Q: Charles Lackey operates a bakery in Idaho​ Falls, Idaho. Because of its excellent product and…

A: The current output/month= 1800 The current labor input/month= 8×640$=5120$ The current capital…

Q: p. How would the immigration of 10 munchkins, i.e., 10 units of labor, affect the PPF equation? Show…

A:

Q: Questions 21-25 relate to the following information. Suppose a firm faces demand function…

A: Given, Demand function P(q)=200-q Cost function C(q)=100+3q2

Q: what is entrepreneur? in your own words essay

A:

Q: QUESTION 4 Mrs. Obaatanpa has a wealth of Ghe 3,500 for one year. There is a 35% probability that…

A: Given ,  Utility Function : U(Y) = Y0.5 Existing Wealth = 3500  Probability of loss  = 35% Loss =…

Q: The following represents demand for widgets (a fictional product): QD = 44,444-500P+0.2M - 2PR where…

A: Given data Qd= 44,444-500P+0.2M-2PR Qs=250P=900

Q: If savings are at $1300 and income is worth $2200, what would the value of consumption be

A: According to neoclassical economists, ingestion serves as the ultimate goal of economic activity; as…

Q: A local defense contractor is considering the production of fireworks as a way to reduce dependence…

A: The optimum level of output for a firm that maximises profit is given at the point where marginal…

Q: The market for digital watches is at its market equilibrium. Now the cost of producing a digital…

A: We know that when the cost of production increases then the supply curve shift upward means supply…

Q: In the island nation of Autarka, cardboard boxes are manufactured by four rms: Andrew's Industries,…

A: Cost of production means the monetary value incurred to buy the factors of production. There are two…

Q: Calculate the optimal markup price if MC = $10.00 and price elasticity = -1.7. $5.88 $24.27 $17.24…

A: Price elasticity Price elasticity of demand measures how much a product's consumption changes in…

Q: Suppose you are a farmer with 20 hectares of land on which you could grow either wheat or barley.…

A: a) Wheat is allotted land on the X axis, and barley is allotted land on the Y axis.

Q: When bakeries produce sliced bread, they also produce bread crumbs. Bakeries sell the sliced bread…

A: A shift in the supply curve and an adjustment to supply result from a change in the price of a…

Q: Which of the following is a money market security?

A: Money market securities are debt products with maturities of one year or less. Money market…

Q: 6. Explain the following quotations; 1. " Greater production is not tantamount to greater profit"…

A: In the field of economics, it is assumed that firms work towards maximizing profits. The profits of…

Q: Suppose a firm’s cost function is given by C(q) = 20 + 10q − 4q^2 + q^3 (a) What is fixed cost? (b)…

A: Given information: We have given the cost function.  i.e., C=20 + 10q - 4q2 + q3 The cost function…

Q: 99

A: An externality is a positive or negative side effect of production or consumption in economics. It…

Q: TB(Q) = 100 + 36Q – 4Q2 and TC(Q) = 80 + 12Q + 1.2Q2.

A: The firm's prime objective is to maximize the profit. The profit is maximized where the Marginal…

Q: The graph shows the market for smartphones .   On the graph, draw a point at the market equilibrium…

A: The intersection of demand and supply curve creates the equilibrium in the market which sets the…