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Homework answers / question archive / You are the monopoly supplier of laptops to a market consisting of four segments: A, B, C and D
You are the monopoly supplier of laptops to a market consisting of four segments: A, B, C and D. Individuals within a segment share the same RP for laptops. The RPs of each segment and their fraction of the market are shown in the table below:
Segment | A | B | C | D |
Proportion | 25% | 25% | 30% | 20% |
RP | $800 | $950 | $1100 | $1500 |
Draw the demand curve for your product (market share vs. price). If a segment is indifferent between buying and not buying, assume they will buy.
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