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ECS2601 ASSIGNMENT 3 FOR 1ST SEM 2025

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2024/2025 Written for academic year
Institution University Of South Africa (Unisa)
Course Intermediate Microeconomics (ECS2601)
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ECS2601 ASSIGNMENT 3 FOR 1ST SEM 2025

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ECS2601 ASSIGNMENT 3
FOR SEMESTER 1 2025




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, Question 1
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Question text
When a firm practices perfect first-degree price discrimination, each unit is sold at the reservation
price of each consumer (assuming each consumer purchases one unit).



Select one:
True
False

Question 2
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Question text
Consider the following functions faced by a monopolist:
Demand: P=20-2Q
MR=20-4Q
MC=5+Q
At which level of output is profit being maximised?


a.
5


b.
10

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