anonymous
  • anonymous
A monopoly with cost function c(q)=100q serves two markets. The market demand function for market A is qa(P)=1000-4p and that for market B is qb(P)=500-p. a)suppose the monopoly cannot price discriminate and must charge the same price in both markets. find the profit maximizing price, quantity sold in each market and the monopoly's profit. b)suppose the monoply can chagre different prices in each market. find the profit maximising price and quantity sold in each market and the monopolys profit.
Economics - Financial Markets
  • Stacey Warren - Expert brainly.com
Hey! We 've verified this expert answer for you, click below to unlock the details :)
SOLVED
At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.
schrodinger
  • schrodinger
I got my questions answered at brainly.com in under 10 minutes. Go to brainly.com now for free help!

Looking for something else?

Not the answer you are looking for? Search for more explanations.