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Other Fields Homework Help Economics Topic started by: thanhha78 on Aug 29, 2017



Title: You currently sell the same product to both students and faculty members, and are able to prevent ...
Post by: thanhha78 on Aug 29, 2017
You currently sell the same product to both students and faculty members, and are able to prevent transfer from one group to the other. Your current prices, quantities sold, and the absolute values of the slopes of the demand curves are as follows

   tableau1 ( (  Price    Number sold    Slope of demand curve  )(Students   $52000.01)(Faculty  $10300.40) )

If your marginal cost is $1 and you are interested in maximizing your revenues, how would you adjust your prices?
A) Decrease student price and increase faculty price.
B) Increase student price and decrease faculty price.
C) Decrease prices for both groups.
D) Increase prices for both groups.


Title: Re: You currently sell the same product to both students and faculty members, and are able to ...
Post by: Lightman030 on Aug 29, 2017
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Title: Re: You currently sell the same product to both students and faculty members, and are able to prevent ...
Post by: thanhha78 on Dec 6, 2017
you're honestly amazing, thank you