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A monopolist is seeking to price discriminate by segregating the market. The demand in each market is given as follows:

Market A: P = 111 - 4Q

Market B: P = 156 - 1Q

The monopolist faces a marginal cost of $17 and has no fixed costs. Given this information, what are the monopolists total profits across both markets when they price discriminate?

Business Management, Management Studies

  • Category:- Business Management
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