Now Imagine your company serves two groups of customers. You serve 100 high-demand customers, each of whose monthly demand function is Q = 326-2P. You also serve 100 low-demand customers, each of whose monthly demand function is Q 250-2P. 320 If you charge a price of $10 per unit, what is the highest fixed fee you can charge without losing your low-demand customers? 163. каль-4р Fixed Fee: 10 306 What is your total producer surplus?actice 14 476-40=536 134.536.

Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter20: Elasticity: Demand And Supply
Section: Chapter Questions
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Now imagine your company serves two groups of customers. You serve 100 high-demand customers,
each of whose monthly demand function is QH = 326-2P. You also serve 100 low-demand customers,
each of whose monthly demand function is Q¹ = 250-2P.
320
If you charge a price of $10 per unit, what is the highest fixed fee you can charge without losing your
low-demand customers?
1631
Q2576-4P
Fixed Fee:
To
306
What is your total producer surplus?actice!
Producer surplus:
144.
576-40-536
134.53602
Transcribed Image Text:Now imagine your company serves two groups of customers. You serve 100 high-demand customers, each of whose monthly demand function is QH = 326-2P. You also serve 100 low-demand customers, each of whose monthly demand function is Q¹ = 250-2P. 320 If you charge a price of $10 per unit, what is the highest fixed fee you can charge without losing your low-demand customers? 1631 Q2576-4P Fixed Fee: To 306 What is your total producer surplus?actice! Producer surplus: 144. 576-40-536 134.53602
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