seven questions test.this is one of the question I will

1. accept seven individuals adore activity to the ball club. Their appeal is as follows. PersonWillingness to pay  Allison 20   Beatrice 18   Cally  16   David  14   Ezekiel 12   Francesca 10   Gertrude  8  Suppose the ball club had a cartel and a bordering amount of $7 per entrant. Accept the club could altogether price-discriminate. That is, it could allegation anniversary chump a altered amount according to his or her best alertness to pay. How abounding tickets would the ball club sell?     2 The amount beneath shows the bazaar for one hour of economics apprenticeship at your college. Imagine that the bazaar for economics apprenticeship could be perfectly competitive, controlled by a monopolist who accuse a distinct amount or a monopolist who accuse anniversary chump a altered price. Use the advice in the diagram to acknowledgment the questions below. 2nd attempt Part 1   (0.3 point) See HintHow abundant is absolute surplus if the bazaar is altogether competitive?   $    Part 2   (0.3 point) See HintHow abundant is absolute surplus if the bazaar is controlled by a single-price monopolist?   $    Part 3   (0.3 point) See HintSuppose the single-price monopolist started charging all barter the best amount they are accommodating to pay. How abundant added surplus is created?   $    3. A booth has no antagonism back it comes to its acclaimed Reuben sandwich admixture plate, for which the blueprint shows the diner's appeal (D), bordering amount (MC), and bordering acquirement (MR) curves. The amount of $20 is based on the MR = MC aphorism for accumulation maximization. The ellipsoidal arena apparent represents the net revenue from sales of the sandwich (total acquirement from Reuben admixture sales bare absolute capricious costs associated with Reuben admixture sales). Now, accept the booth decides to accession the amount during the cafeteria hour, which accounts for 60% of Reuben admixture sales, alive that its lunch-hour assemblage are the best loyal buyers of the Reuben admixture and additionally that they are bound into the lunchtime aperture by their assignment schedules. The booth raises the amount aloof abundant not to lose any lunch-hour buyers. Use the breadth apparatus to outline the arena apery the resulting additional net acquirement from the amount increase. Your acknowledgment should be a rectangle fatigued with four corners. To accredit to the graphing tutorial for this catechism type, amuse bang here.   SEE ATTACHMENT SCREENSHOT2017 FOR GRAPH Part 2   (0.7 point) See HintAs a aftereffect of the revised amount structure, the diner's net acquirement from Reuben-combo sales goes from   $   to  $  per day. 4. For a close that is a amount maker for its product, the blueprint shows the appeal (D) and bordering acquirement (MR) curves, as able-bodied as the bordering amount ambit (MC), which is additionally the boilerplate capricious amount (AVC) curve. The blueprint additionally shows the net acquirement (total acquirement from artefact sales, bare absolute capricious costs) back the profit-maximizing aphorism MR = MC is applied. Finally, the blueprint shows two amount credibility the close is because for a price-discrimination plan. If the close is able to backpack out this plan, accepting the academy amount from all those accommodating to pay it and the lower amount from those who are not, outline the arena apery the consistent net revenue. Use the breadth apparatus to draw the new net acquirement arena on top of the old one. Your acknowledgment should be fatigued with six corners. To accredit to the graphing tutorial for this catechism type, amuse bang here. see attachments The amount beneath shows the bazaar for one hour of economics apprenticeship at your college. Imagine that the bazaar for economics apprenticeship could be perfectly competitive, controlled by a monopolist who accuse a distinct amount or a monopolist who accuse anniversary chump a altered price. Use the advice in the diagram to acknowledgment the questions below. 2nd attempt Part 1   (0.3 point) See HintHow abundant is absolute surplus if the bazaar is altogether competitive?   $    Part 2   (0.3 point) See HintHow abundant is absolute surplus if the bazaar is controlled by a single-price monopolist?   $    Part 3   (0.3 point) See HintSuppose the single-price monopolist started charging all barter the best amount they are accommodating to pay. How abundant added surplus is created?   $    Metropolitan Opera tickets are best big-ticket on Saturday night. Nevertheless, a actual bound cardinal of apprentice blitz tickets are generally available, and a advantageous apprentice can wind up advantageous $20 for a $250 seat. The apprentice blitz tickets are accessible on a first-come, first-serve basis. 2nd attempt Part 1   (0.3 point) See HintWhy does the opera aggregation action these bargain tickets? Choose one or more:A. This creates a aberration for last-minute apprentice tickets.B. It wants acceptance to accept admission to shows at a low price.C. It is able to advertise seats that would contrarily go unsold.D. It knows that all acceptance accept an adaptable appeal for opera tickets.  Part 2   (0.3 point) See HintHow does the opera aggregation account from this practice? Choose one or more:A. The Met is able to allegation altered prices to altered groups, adopting its profits.B. The Met can admission appearance amid a accumulation of bodies with added adaptable appeal by charging them a lower price.C. The Met is able to accomplish acquirement from unsold seats after accepting to bead the amount for nonstudents.D. The Met can finer price-discriminate amid acceptance and nonstudents.  Part 3   (0.3 point) See HintWhy are students, and not alternative groups of customers, offered the discounted tickets? Choose one or more:A. In general, acceptance accept a added adaptable demand.B. In general, acceptance accept a added breakable demand.C. In general, acceptance are added adjustable and accommodating to buy tickets at the aftermost minute.D. In general, acceptance adulation opera. 

Order a unique copy of this paper

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
Top Academic Writers Ready to Help
with Your Research Proposal
Live Chat+1(978) 822-0999EmailWhatsApp

Order your essay today and save 20% with the discount code COURSEGUY