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Halflife

Doubt

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Algaeconomics

Re: Doubt

So maximise each of their utility fn :
U= R^8 ( 96-R)^4 wrt R ( just substitute the constraint J+R=96 )
similiarly for Juliet
U=J^8(96-J)^4

both of them have their max at J=64 and R=64
therefore option d

Seecha

Re: Doubt

In reply to this post by Halflife

Halflife... from where you are doing numerical section of 2nd degree price discrimination ?

Halflife

Re: Doubt

In reply to this post by Algaeconomics

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Halflife

Re: Doubt

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