The cost for production is 0. Please answer the following questions.
(a) group 1 : P = 100 – Q, group 2 : P = 20 – Q. Calculate consumer surplus when a monopoly firm cannot discriminate consumers.
(b) Calculate consumer surplus when a monopoly firm can do 3rd degree price discrimination.
(c) group 1 : P = 100 – Q, group 2 : P = 80 – Q. Calculate consumer surplus when a monopoly firm cannot discriminate consumers.
(d) Calculate consumer surplus when a monopoly firm can do 3rd degree price discrimination.
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