Monopolist profit Maximization | with discrimination | without discrimination

Ques:
1. find out the price, quantity and profit under price discrimination
2. find out the price , quantity and profit under non-discrimination
3. show discriminated profit is larger than non discriminated profit
4. show larger the price lower the demand elasticity is.

[@varuniperera3032]

Thank you sooooo much sir! The video helped me alot on developing my knowledge on monopolys mathematical part....!❤

[@eliteeconomics3158]

welcome

[@aryasingurakatushabe3289]

Thanks sir, I was confused but now I ve understood everything

[@abhinavkumar3320]

Explanation was fantastic, I needed that to prepare for my Post Graduation Exam.

[@eliteeconomics3158]

thank you

[@kidskidscartoontv]

Dear, from my side 1000% appreciation

[@odongmilton9987]

Thanks sir👍

[@eliteeconomics3158]

wc

[@user-rr1zt3sv5k]

Thank you🙏💕

[@joyfesto8139]

Great it was helpful.... thanks

[@eliteeconomics3158]

welcome

[@d2ydxsquare693]

Awesome 👍💯

[@yowanyowan5168]

I learnt lost sir thank you very much

[@eliteeconomics3158]

welcome. my pleasure.

[@RAVIKUMAR-ky2rc]

Super sir👍

[@eliteeconomics3158]

thanks

[@alina3730]

This was helpful for my assignment but I had a joint cost function like this( Q1^2+2Q1Q2+Q2^2+120), what method would I use to differentiate the two?

[@alina3730]

The two price functions were P1=74 - 1.5Q1 and P2=72 - 2Q2

[@eliteeconomics3158]

hello, seems like the problem you have is an oligopoly problem. please mail me - your whole ques at - [e-mail]

[@vaishnavibhagat2490]

Thank you so much!

[@eliteeconomics3158]

welcome

[@kedrugetabe1480]

thank you

[@eliteeconomics3158]

welcome bro

[@nthabelengmothokho3736]

Why differentiate the MR twice?

[@eliteeconomics3158]

MR is differentiated for the second time just due to satisfy the SONC, we need it in SONC for constructing the Hessian Determiner. As we won't be able to know, whether our profit is max or not without the hessian determiner testing. If the first principle minor is negative then its clear that, our profit will be maximized. therefore we can use our calculated price and quantity to find the profit. hope this helped you.

[@d2ydxsquare693]

For SOC(second order condition)

[@ashokktom]

Under non discrimination how did you take TR?

[@eliteeconomics3158]

check from 27 minute

[@tijarahrealestates9702]

Hessian determinant must be -40

[@eliteeconomics3158]

no nigga, its fine.

[@bikramjitmandalbikramjitma8399]

Thanks for learning tips,it's nice but ur typing speaking is not the right place , because ur typing speak is creat some problems

[@eliteeconomics3158]

subtitles are automated created by youtube, thats why its misplaced. please follow my own words. thanks

[@iteachyou4977]

Profit = tr-tc 🙄

[@eliteeconomics3158]

what? 🙄

[@iteachyou4977]

@@eliteeconomics3158 market 1 AR.Q =TR . So , market 1 + market 2 = TR Profit = total revenue - total cost dπ /dq1= Q dπ/dq2= Q2

[@eliteeconomics3158]

@@iteachyou4977 can you specify where is your problem?