1. In case of Bains’ limit pricing, equlibrium will be at point where

2.   Demand curve becomes the MR curve in which degree of price discrimination ? 

3. ‘Take it or leave it’ price discrimination is of what degree ?

4. Who was the author of the book “The Economics of Welfare”? 

5. On the basis of the data given below assuming that P = 100 – 2_X., company resorts to price discrimination.

P₁ = 80 – 2.5 _X1 and

P₂ = 180 – 10_X2 

Cost function is C = 150 + 40_X.

What is the profit in case it resorts to price discrimination at the maximisation level ? 

6. On the basis if the data given below assuming that P = 100 – 2 _x., company resorts to price discrimination.

P₁ = 80 – 2.5 _X1 and

P₂ = 180 – 10_X2 

Cost function is C = 150 + 40_X.

What is its MC ?

7.  On the basis if the data given below assuming that P = 100 – 2_x., company resorts to price discrimination.

P₁ = 80 – 2.5 _X1 and

P₂ = 180 – 10_X2 

Cost function is C = 150 + 40_X.

At what price will the company sell in market ?

8.  On the basis if the data given below assuming that P = 100 – 2_x., company resorts to price discrimination.

P₁ = 80 – 2.5_X1 and

P₂ = 180 – 10_X2 

Cost function is C = 150 + 40_X.

At what price will the company sell market ?

9.  On the basis if the data given below assuming that P = 100 – 2_x., company resorts to price discrimination.

P₁ = 80 – 2.5_X1 and

P₂ = 180 – 10_X2 

Cost function is C = 150 + 40_X.

What is its elasticity in market-1 at price where profit is maximum ?

10. On the basis if the data given below assuming that P = 100 – 2_x., company resorts to price discrimination.

P₁ = 80 – 2.5_X1 and

P₂ = 180 – 10_X2 

Cost function is C = 150 + 40_X.

What is its elasticity in market-2 at price where profit is maximum ?