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:4597 Managerial Economics Fall 2017 Homework: Chapter 10 Homework Score: 0 of 1

ID: 1103878 • Letter: #

Question

:4597 Managerial Economics Fall 2017 Homework: Chapter 10 Homework Score: 0 of 1 pt Text Question 6.2 number of three types of customers, and that these c 13 of 16 (15 c Hw Score: 53 24%, 8 52 of 16 pts firm sells both laptop c and prices are as illustrated in the figure below. Customer B $150 $50 $1.100 $700 5950 Assume for simplicity the marginal cost of production for laptops and printers is zero. prices ld it set for its laptops and printers to maximize profit? Assuming for simplicity that the firm has only one customers of each type, how much does it earn in total? To maximize profit using individual prices, the firm should charge a price for laptops of and a price for printers of Enter your answer in the edit fields and then click Check Answer Clear All

Explanation / Answer

Firm will charge 650 for laptop becaue in this case profit is 650*3 = 1950. thus obtaining maximam profit

firm will charge 50 fpr printer thus earning 50*3= 150 profits .

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