27 Dec Economics Question

Economics Question

What are the key conditions that must be present for a firm to successfully price discriminate? What are two different examples of price discrimination being practiced today?MPH505 Public Health Communication and Behavioral Theories

Module 7 Discussion

Developing a Health Communication Media Campaign

You are the Health Communication Specialist at a public health organization. You have been tasked with creating a health communication media campaign focused on a public health issue of your choice (e.g. unhealthy eating, physical inactivity, smoking, teen pregnancy, etc.). Using PowerPoint, design a health communication media campaign that includes the following:

Name of the campaign

Brief description of the target audience

Brief description of the health problem/public health issue

What are the goals/objectives of the campaign? (What are you hoping to achieve as a result of this campaign?)

Create three campaign messages that convey your goals/objectives

What communication channels will you use to deliver these messages? (e.g. social media, print, brochures, radio or television advertisements, etc.)

On the final slide of your presentation, draft a brief press release announcing the release of your health communication media campaign.

Post your presentations to the discussion forum and respond to your peers’ presentations.

What is a two-part tariff? Why do firms sometimes use them? What is an example of a firm that uses a two-part tariff as part of its pricing strategy?

George has a monopoly on burrito sales in a small town in Kansas. The burritos cost him a constant $5 each to produce. He faces following demand schedule for his product: (please look at image)

– Under normal monopoly conditions, how many burritos should he produce, what price should he charge, and how much profit can he expect to make?
– Draw a graph under these assumptions showing (and calculating) producer surplus, consumer surplus, economic surplus and deadweight loss.
– If George was able to engage in perfect price discrimination, how many burritos would he produce, what would his total revenue be, and how much profit would he earn?
– Draw a graph under these assumptions showing (and calculating) producer surplus, consumer surplus, economic surplus and deadweight loss.
Is society better off by allowing George to perfectly price discriminate? Defend your answer.

Price Quantity Demandes

$30 0

$25 1

$20 2

$15 3

$10 4