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Author Question: A book publisher initially prices both hardback books and paperback books at $50 a book and sells ... (Read 232 times)

isam

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on: Nov 23, 2022
A book publisher initially prices both hardback books and paperback books at $50 a book and sells the same number of hardbacks and paperbacks (180 each). The hardback book comes out first, followed by the paperback. Each book costs $9 to produce.
When the publisher increases the price for hardbacks to $55.00, quantity sold decreases to 171 and when the publisher decreases the price for paperbacks to $45.00, quantity sold increases to 216. Price discrimination ________ (increases/decreases) the publisher's profit by ________.
Please round your final answer to two decimal places.
◦ decreases, $8262.00
◦ decreases, $882.00
◦ increases, $882.00
◦ increases, $8262.00
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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Marked as best answer by isam on Nov 23, 2022

jamezpowell

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Reply #1 on: Nov 23, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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isam

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Reply 2 on: Nov 23, 2022
Excellent

daiying98

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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