A discriminatory monopolist is faced with the following output cost function Q1=24-0.2p1, Q2=10-0.5p2, C=32+40Q where Q= Q1+Q2 calculate the Price and output level that will maximize his profit in each market

Survey Of Economics
10th Edition
ISBN:9781337111522
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter8: Monopoly
Section: Chapter Questions
Problem 3SQ
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A discriminatory monopolist is faced with the following output cost function Q1=24-0.2p1, Q2=10-0.5p2, C=32+40Q where Q= Q1+Q2 calculate the Price and output level that will maximize his profit in each market

 

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