Firm D faces the following demand: 40-P from male consumers and 30 - 3P from female consumers. The firm's cost function is C(Q) = 25 +5 Q.
a) Determine the profit of the monopolist if it can price discriminate between both demand functions. Monopoly pricing.
b) Determine the profit of the monopolist if it can engage in perfect price discrimination.
c) Determine the two-part pricing scheme assuming the monopolist can differentiate between both groups. What will be the monopolist's profit?