'Third degree price discrimination' diaporamas de présentation

Monopoly and Antitrust

Monopoly and Antitrust. Inefficiency of Monopoly. Competitive Outcome P = P C = MC Q = Q C Monopoly Outcome P M > P C = MC Q = Q M < Q C. $. A. P M. B. C. P C. MC. D. MR. Q C. Q M. quantity. A+B+C. A. --. B. A+B+C. A+B. --. C. Rent-seeking may add to DWL.

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Pricing Techniques and Analysis Chapter 16

Pricing Techniques and Analysis Chapter 16. Value-based more than cost-based pricing often helps build profits. Firms charge different customers different prices, which is known as price discrimination . This chapter also looks at pricing within a firm called transfer pricing .

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EC930 Theory of Industrial Organisation Auctions/Bargaining/Pricing (week 5)

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Course outline I

Course outline I. Introduction Game theory Price setting monopoly oligopoly Quantity setting monopoly oligopoly Process innovation. Homogeneous goods. Monopoly (price setting). Introduction Demand function Revenues, costs, profits Profit maximizing price Price discrimination

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543 views • 33 slides

Price Discrimination

Price Discrimination. Learning Objectives:. Explain the meaning of price discrimination What conditions must hold for price discrimination take place? Why is it impossible for a PC firm to practice price discrimination.

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St. Isaac's Cathedral in St. Petersburg

St. Isaac's Cathedral in St. Petersburg. St. Isaac's Cathedral in St. Petersburg. 250 Rubles. ? $8. ???? ? ?????. ENTRANCE To The Museum. 450 Rubles. ? $14. American Couple Russian Family. Definition of Price Discrimination.

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Chapter 4

Chapter 4 . Monopoly and Antitrust. Measuring the Cost of Monopoly. We know monopolists Charge more (p m >p c ) Produce less ( Q m <Q c ) Higher prices Hurt consumers Help producers Cannot say economy is worse off. $. MC. D. P m. P c. Q. Q m. Q c. MR.

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Lecture 11 Imperfect Competition

Lecture 11 Imperfect Competition. Various Forms of Imperfect Competition. Monopoly (most inefficient and most extreme imperfection) The only supplier of a unique product with no close substitutes in the market. Oligopoly (more efficient than a monopoly)

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Pricing Strategies

Pricing Strategies. Uniform Pricing Non-Uniform Pricing Two-part tariff Quantity discounts Tie-in sales Menu Pricing Quality Discrimination Coupons Southwest Airlines. Conditions for Price Discrimination. Market Power Identify Consumers Prevent or limit resale Services Warranties

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Lecture 12 Imperfect Competition

Lecture 12 Imperfect Competition. Various Forms of Imperfect Competition. Monopoly (most inefficient and most extreme imperfection) The only supplier of a unique product with no close substitutes in the market. Oligopoly (more efficient than a monopoly)

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PRICING STRATEGIES OF THE AUTOMOBILE INDUSTRY

PRICING STRATEGIES OF THE AUTOMOBILE INDUSTRY. PRESENTED TO AEM 4160. Emily Kowalchik , Sofia Steinberger, Karen Thiara , Alex Woloshin, Henri Wuilloud. Why Research The US Automobile Industry?. Cars are used everyday, but they are a major purchase for the average consumer.

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