Price discrimination in monopoly

A discriminating monopolist is able to separate its customers into two markets with respective demand functions as x₁ = 16-0.2p, and x₂ = 90.05p. The total cost function of the monopolist is C= 20 + 20x, where x = x₁ + x₂. (a) Find the profit-maximising values of x₁ and x₂
(b) Find the prices charged in each market and the maximum profits. (e) Find the elasticities of demand in the two markets.

[@npsingh4952]

Sir now I feel, I can solve it. Thank you so much sir.

[@ECONMATHS]

Thanks for the appreciation brother. If you think so then please share this channel with your Economics friends

[@user-jg3ee9fn1b]

Thanks so much sir for helping us!

[@jedidiaht.5323]

Thank you. Best of Best!!!

[@ECONMATHS]

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[@Patrick_Jnr]

Thank you for helping

[@kimcamila4158]

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[@ECONMATHS]

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[@vamshikrishnaapuri2]

Thank You Sir

[@ECONMATHS]

Thanks for the appreciation

[@priyashanandy]

Please sir solve this A monopolist can charge different prices in two separate markets whose demand and cost functions are as follows : p1 = 80 - 5q1 , p2 = 180 - 20q2 and C = 20 (q1 + q2 ) Find out the optimal price quantity combination in each market and his total profit level. If he cannot choose price discrimination and charges same prices in both markets, how does the solution change? Explain your answer.

[@DebbieMyaYusuf1]

This is so helpful

[@ECONMATHS]

My pleasure

[@hamzaashfaq5394]

your doing with MC &MR approach method am i right???

[@ukpenignatiusigbawase1931]

Please Sir, could you help solve problem for me, this is two weeks with it, yet no understanding. A firm's average cost function is given by Y=x²-20x+120 where Y is average cost in naira per unit of output and output price is N10 and is same at all levels. 1. Find the output levels at which the firm breaks even(i.e price=average cost) 2. Graph the cost function and show solution 3. Find a range of prices over which the firm makes across at all levels of output From Nigeria

[@ECONMATHS]

I tried to solve the problem but I am getting non real output at break even. Either the question is not feasible or I am not able to solve it

[@enochakumateyakuffo2847]

Hello sir. What if the monopoly cannot discriminate and has to charge the same price. How much will he charge and quantity he produces

[@rohitkumaryadav6565]

Please sir make sample paper on gate entrance exam

[@ECONMATHS]

I can't brother. I have my own priorities