here is the assignment

Unit 9

AB224 | Microeconomics

Unit 9 Assignment: Monopoly Pricing
Name:
Course Number and Section: AB224–0X
Date:
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Assignment
In this Assignment, you will demonstrate your understanding of monopoly pricing, based on different
management criteria, the impact of price regulation of monopolies, and provide detailed explanations of how
price effect and quantity effect cause marginal revenue to be different from the price.
Questions
1 The Gulf Sea Turtle Conservation Group (GSTCG), a 501(c) (3) non–profit group of volunteers working
to collect data on nesting sea turtles and to promote sea turtle conservation, is considering creating a
video to educate people about sea turtle conservation. The cost of duplicating the video on a DVD and
mailing the DVD is $6.58. In a GSTCG member meeting, the video plan was discussed. Table 1. shows
the expected demand for the DVD at different suggested donation levels, and they can act as a singleprice monopolist if they choose to. The receipts will be used to fund GSTCG supplies for their data
collection and conservation work. At the end of each sea turtle nesting season, any excess funds are
donated by the GSTCG to a local non-profit sea turtle research and rehabilitation facility.

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Unit 9

AB224 | Microeconomics
Table 1.
Suggested
Donation per
DVD Request

Anticipated
N...