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melisa1 [442]
3 years ago
8

Suppose quantity demanded is 2,000 when price is $10 and 3,000 when price is $5. If a monopolist who was initially charging a pr

ice of $10 discovers a way to price discriminate, it will be able to increase revenue from $20,000 to:

Business
1 answer:
Pavel [41]3 years ago
7 0

Answer:

$25,000 by charging consumers with more elastic demand only $5 and keeping the price for consumers with less elastic demand at $10

Explanation:

Price discrimination refers to the differentiation in the price of the product for every consumer that means the company charged different prices from the different customers

Also, in this it charges from the consumers having more elastic demand at less price. Here 2,000 units are purchased at $10 and the 1,000 units are purchased at $5 so the total quantity demanded is 3,000

The 25,000 units come from

= 2,000 ($10) + 1,000 ($5)

= 20,000 + 5,000

= 25,000

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LenaWriter [7]

Complete Question:

As compared to a traditional income statement format, an income statement organized by cost behavior does not include:

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d revenues

Answer:

As compared to a traditional income statement format, an income statement organized by cost behavior does not include:

b cost of goods sold.

Explanation:

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Answer:

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4 years ago
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Answer:

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4 0
2 years ago
In a market system, the allocation of scarce goods involves the consideration of multiple choice 1 what must be sacrificed in us
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3 years ago
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AURORKA [14]
<span>The answer would be false. Alcohol and Drug abuse certainly physically affects only the user, but when it comes to mental, emotional, and financial aspects alcohol and drug abusers affect the people around them, their families, and in extension, society also. That is why alcohol and drug abuse is considered a public health issue as it affects many people apart from the user himself/herself. </span>
5 0
4 years ago
Read 2 more answers
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