This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A book publisher initially prices both hardback books and paperback books at $50 a book and sells ... (Read 215 times)

isam

  • Full Member
  • ***
  • Posts: 156
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
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by isam on Nov 23, 2022

jamezpowell

  • Full Member
  • ***
  • Posts: 164
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.
Answer Preview
Only 25% of students answer this correctly


isam

  • Member
  • Posts: 156
Reply 2 on: Nov 23, 2022
:D TYSM

amandanbreshears

  • Member
  • Posts: 320
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

books books
Natural Resource Prices, 1850–2010 Natural Resource Prices, 1850–2010
My Shamrock Counting Book 2023 My Shamrock Counting Book 2023
My Shamrock Counting Book 2023 My Shamrock Counting Book 2023
Your company advertises all prices on the menu board as a final price, including HST of 13%. A ... Your company advertises all prices on the menu board as a final price, including HST of 13%. A ...
Kindergarten school year book Kindergarten school year book
Video: New DNA Strand Replication

For a complete list of videos, visit our video library