Top Posters
Since Sunday
7
n
3
j
3
o
2
x
2
c
2
2
p
2
n
2
3
2
C
2
z
2
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
itpf04 itpf04
wrote...
Go to Answer
Posts: 137
Rep: 0 0
A year ago
A book publisher initially prices both hardback books and paperback books at $50 a book and sells the same number of hardbacks and paperbacks (180 each). The hardback book comes out first, followed by the paperback. Each book costs $9 to produce.
When the publisher increases the price for hardbacks to $55.00, quantity sold decreases to 171 and when the publisher decreases the price for paperbacks to $45.00, quantity sold increases to 216. Price discrimination ________ (increases/decreases) the publisher's profit by ________.
Please round your final answer to two decimal places.

▸ decreases, $8262.00

▸ decreases, $882.00

▸ increases, $882.00

▸ increases, $8262.00
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
Read 61 times
1 Reply
Replies
Answer verified by a subject expert
chelzchelz
wrote...
#1
Posts: 121
Rep: 0 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
This verified answer contains over 120 words.
1

Related Topics

itpf04 Author
wrote...

A year ago
Thanks
hpascoe
wrote...

Yesterday
Helped a lot
Ifekwunigwe
wrote...

2 hours ago
Correct Slight Smile TY
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1005 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 714
  
 1541
  
 262
Your Opinion
Which country would you like to visit for its food?
Votes: 204
Previous poll results: Which industry do you think artificial intelligence (AI) will impact the most?