Econ econ 411 Study guides, Class notes & Summaries
Looking for the best study guides, study notes and summaries about Econ econ 411? On this page you'll find 12 study documents about Econ econ 411.
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Part III. Sources of Market Power Exercises & Solutions
- Exam (elaborations) • 41 pages • 2022
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Exercise 1 Horizontal product di§erentiation1 
[included in 2nd edition of the 
book] 
Hong Kong Island features steep, hilly terrain, as well as hot and humid 
weather. Travelling up and down the slopes therefore causes problems; this has 
led the city authorities to imagine rather unusual methods of transport. One 
famous example can be found in the Western District, where one of the busiest 
commercial area of Hong Kong can be found. This area stretches from Des 
Voeux Road in Central (which...
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ECON ECON-411 Industrial Organization: Markets and Strategies Paul Belleáamme and Martin Peitz published by Cambridge University Press Part IV. Pricing strategies and market segmentation Exercises
- Exam (elaborations) • 22 pages • 2023
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xercise 1 Geographical pricing [included in 2nd edition of the book] 
"Purple Dream"has the monopoly on the production of purple light-emitting 
diodes (LEDs). It faces geographically separated markets, market 1 and 2. The 
demands are qA = 1 pA and qB = 1=2 pB, respectively. The transport and 
production costs are set to zero. 
1. Assume that the Örm chooses to set a uniform price across the two markets. 
What is the proÖt maximizing uniform price? What are the quantities sold 
on the two...
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