ajaz_eco204_2009_HW_16 - University of Toronto, Department...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
University of Toronto, Department of Economics, ECO 204 2009 2010 S. Ajaz Hussain ECO 204 2009 – 2010 S. Ajaz Hussain HW 16 Please help improve the course by sending me an e mail about typos or suggestions for improvements _____________________________________________________________________________________ Note: Please don’t memorize these solutions in the expectation that similar questions will appear on tests and exams. Instead, try to understand how to derive the answer as you’ll be tested on techniques and applications, not on memorization. Moreover, tests and exams will cover topics and techniques that may not be in these practice problems. You are urged to go over all lectures, class notes and HWs thoroughly. Question 1 (Based on 2007 Final Exam Question) In this question you will practice various 3 rd degree price discrimination techniques. All pecuniary variables in this question are in dollars. Poo Joe , a car maker, manufactures cars in France. The marginal cost of manufacturing a car is: ܯܥ ୫ୟ୬୳୤ୟୡ୲୳୰୧୬୥ ൌ 100 ܲ ி ൌ 3,000 െ 5ܳ
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 05/02/2011 for the course ECO 204 taught by Professor Hussein during the Fall '08 term at University of Toronto- Toronto.

Page1 / 3

ajaz_eco204_2009_HW_16 - University of Toronto, Department...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online