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There are two markets with inverse demand in market one as P_1 = 20 – Q_1 and in market 2 as P_2= 12 – Q_2. The firm’s cost is 2?(Q_1 + Q_2). Find the profit maximizing levels of Q_1 and Q_2 when the monopolist can discriminate across the two markets.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M92196359

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