Economics 4139 Study guides, Class notes & Summaries
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Exercises and solutions - Part II|Industrial Organization: Markets and Strategies
- Exam (elaborations) • 27 pages • 2022
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Industrial Organization: Markets and Strategies Exercises & Solutions 
Exercise 1 Monopoly with quality choice 
Consider a monopolist who sells batteries. Each battery works for h hours 
and then needs to be replaced. Therefore, if a consumer buys q batteries, he 
gets H = qh hours of operation. Assume that the demand for batteries can be 
derived from the preferences of a representative consumer whose indirect utility 
function is v = u(H) pq, where p is the price of a battery. Suppose that u ...
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Industrial Organization: Markets and Strategies Paul Belleáamme and Martin Peitz published by Cambridge University Press Part II. Market power Exercises & Solutions
- Other • 27 pages • 2023
- Available in package deal
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- $10.49
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Consider a monopolist who sells batteries. Each battery works for h hours 
and then needs to be replaced. Therefore, if a consumer buys q batteries, he 
gets H = qh hours of operation. Assume that the demand for batteries can be 
derived from the preferences of a representative consumer whose indirect utility 
function is v = u(H) pq, where p is the price of a battery. Suppose that u 
is strictly increasing and strictly concave. The cost of producing batteries is 
C(q) = qc(h), where c is stric...
-
Industrial Organization: Markets and Strategies Paul Belleáamme and Martin Peitz published by Cambridge University Press Part II. Market power Exercises & Solutions
- Other • 27 pages • 2023
- Available in package deal
-
- $14.49
- + learn more
Exercise 1 Monopoly with quality choice 
Consider a monopolist who sells batteries. Each battery works for h hours 
and then needs to be replaced. Therefore, if a consumer buys q batteries, he 
gets H = qh hours of operation. Assume that the demand for batteries can be 
derived from the preferences of a representative consumer whose indirect utility 
function is v = u(H) pq, where p is the price of a battery. Suppose that u 
is strictly increasing and strictly concave. The cost of producing bat...
-
Exercises and solutions - Part II Industrial Organization: Markets and Strategies
- Exam (elaborations) • 27 pages • 2022
-
- $10.49
- + learn more
Part II. Market power 
Exercises & Solutions 
Exercise 1 Monopoly with quality choice 
Consider a monopolist who sells batteries. Each battery works for h hours 
and then needs to be replaced. Therefore, if a consumer buys q batteries, he 
gets H = qh hours of operation. Assume that the demand for batteries can be 
derived from the preferences of a representative consumer whose indirect utility 
function is v = u(H) pq, where p is the price of a battery. Suppose that u 
is strictly increasing a...
-
Industrial Organization: Markets and Strategies Paul Belleáamme and Martin Peitz published by Cambridge University Press Part II. Market power
- Exam (elaborations) • 27 pages • 2022
-
- $11.49
- + learn more
Consider a monopolist who sells batteries. Each battery works for h hours 
and then needs to be replaced. Therefore, if a consumer buys q batteries, he 
gets H = qh hours of operation. Assume that the demand for batteries can be 
derived from the preferences of a representative consumer whose indirect utility 
function is v = u(H) pq, where p is the price of a battery. Suppose that u 
is strictly increasing and strictly concave. The cost of producing batteries is 
C(q) = qc(h), where c is stric...
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