Amonopolist with total cost function = 2 + 1 4 2 faces a market demand function of ) = 25 − in market a and ) = 25 − in market b. a) suppose the monopolist engages in 3rd degree price discrimination. calculate monopolist’s profit maximizing prices and quantities for each market. b) suppose the monopolist must charge a uniform price to each of the consumer types. calculate the monopolist’s profit-maximizing price and quantity sold under uniform pricing

Emery pharmaceutical uses an unstable chemical compound that must be kept in an environment where both temperature and humidity can be controlled. emery uses 825 pounds per month of the chemical, estimates the holding cost to be 50% of the purchase price (because of spoilage), and estimates order costs to be $48 per order. the cost schedules of two suppliers are as follows: vendor 1 vendor 2 quantity price/lb quantity price/lb 1-499 $17 1-399 $17.10 500-999 $16.75 400-799 $16.85 1000+ $16.50 800-1199 $16.60 1200+ $16.25 (a) what is the economic order quantity for each supplier? (b) what quantity should be ordered and which supplier should be used? (c) the total cost for the most economic order sire is $