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ASSIGNMENT:
The Case:
Pakistan Telecommunication Company Limited (PTCL) is a mega corporation
and a leading telecommunication authority of Pakistan. The corporation is the
backbone for country's telecommunication infrastructure despite arrival of a
dozen other telecommunication corporations, including Telenor Corps and China
Mobile Ltd. In addition to wire line operations, PTCL also provides fixed line
service through its countrywide CDMA based WLL (Wireless Local Loop)
network, under the VFone brand name and cellular service under Ufone brand
name. PTCL Group’s profit after tax was Rs.11.5 billion in year 2012 which was
36% higher compared to the profit achieved last year. Despite high inflation,
devaluation of Pakistani currency, increased prices of fuel and power, and salary
increments were main factors to increase the overall operating expenses by 7%
compared to last year, PTCL has maintained its monopoly in providing land line
service over other emerging telecommunication companies. It has the largest
Copper infrastructure spread over every city, town and village of Pakistan with
over million installed lines. Suppose total revenue function of PTCL was
TR=500+750Q-0.5Q2 whereas total cost function was TC=6000+200Q+0.125Q2
for the year 2012. Further, quantity demanded and quantity supplied function for
the same year was Qd = 1200-200P and Qs = 120+400P respectively.
Requirement:
Part A:
Keeping in view the above information, calculate:
a) Competitive level of quantity (millions) and price (per minute) of land line
service provided by PTCL.
b) Monopolist level of quantity (millions) and price (per minute) of land line
service provided by PTCL.
Part B:
Graph all the above findings and calculate welfare loss from monopoly faced by
society in terms of producer welfare loss and consumer welfare loss with the help
of graph.
Marking Scheme:
Part A: (Marks: 6+6)
Part B: (Marks: 13)
Note:
 Provide step wise calculation where required with the help of formulas.
 Graphs are very important in Economics courses. This assignment will
enhance your skill of drawing graph. A complete procedure of “How to
draw graphs in MS-Word” is uploaded on announcement page of LMS.
Get help from that uploaded file to solve your assignment.
 Draw graph by yourself. Do NOT copy from any source. NO need to write
irrelevant material. Properly label the graph where required. Labeling also
contains marks.

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Attachments:

Replies to This Discussion

yar khuch karo time kam he?

Q 840 and Price 1.8 Per Minute hai kiya ?

Yes Bro q 840 and p = 1.8 hee hai.....................

Thanks Brother next Answer b bata dain

yar solution upload kar do?

Can anybody upload the complete solution i.e Part 1 a and b, Part 2(graph)

fazool hay ye sab sites khak discussion huwe assignment ke.fazool time waste kia?

Yes Wasted Time or Admin sb kahan hain ?

Just to create confusion in students mind

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