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Theory Section1)Assume that you are the new manager of a firm selling a good.Historically, your firm has charged asingle price for every unit sold as opposed to price discriminate.a.Consider a strategy of using two part tariffs (2nddegree price discrimination) to sell.Say thatevery consumer had quantity demanded of 10 units at a price of $2.i.If you could charge consumers an access fee for the right to purchase your goodwould, do you have enough information to say what the lowest access feeconsumers would be willing to pay?No, I don’t have enough information to say what the lowest access feeconsumers would be willing to pay. Because I only know a point, and I donot know the actual function of the demand curve. So I cannot determinethe lowest access fee consumers would be willing to pay.ii.What would the demand curve look like to dictate such an access fee?The demand curve will not change and it will be downward sloping.