A Firm Sells Its Product to Two Groups of Buyers

question 12

Multiple Choice

A firm sells its product to two groups of buyers: daytime buyers and nighttime buyers.There are 50 daytime buyers,all of whom have identical demands given by D_D in the figure below.There are 50 nighttime buyers,all of whom have identical demands given by D_N in the figure below.The firm's variable costs are constant SMC = AVC = $12) and its total fixed cost is $250,000.The marketing director must devise a two-part pricing plan that will maximize the firm's profit. Assuming the firm will serve both daytime and nighttime buyers,what is the MC_f function?

• A)MC_f = -1,800
• B)MC_f = -2,000
• C)MC_f = 8,000 - 250f
• D)MC_f = 7,500 + 200f
• E)none of the above

---

Definitions:

Association Neurons

Neurons located within the central nervous system that connect sensory and motor neurons, playing a critical role in the integration of sensory input and motor output.

Premotor Neurons

Neurons located in the brain's motor areas involved in the planning and initiation of movement, working closely with motor neurons to execute movements.

Sensory Neurons

Cells that transmit sensory information from the body's periphery to the central nervous system.

Snap Fingers

Snap Fingers refers to the action of creating a snapping sound with one's fingers, usually by quickly moving the thumb and middle finger together.