A monopolist with two plants operates with a marginal, Ask an Expert

Economics

A monopolist with two plants operates with a marginal revenue of 500-4Q and marginal costs of 4Q for plant 1 and 2Q for plant 2.

Question1: What are outputs at each plant to maximize profits?

Question2: Determine price maximizes profits?

Question3: Determine maximum profits?

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International Economics, Economics

Category:- International Economics
Reference No.:- M9310328

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