A monopolist sells in two markets. The inverse demand curves in the two markets are, respectively, p1 = 306-592. The monopolist has no fixed costs and a constant marginal cost of 6. The profit maximising quantities are: 122 29₁ and P2 = O O 91 = 39 and q2 = 28 29 and 92 91 91 = 91 91 = 58 and q2 = 32 = = 50 and 92 49 and 92 = = 30 = = = 29 = = 40
A monopolist sells in two markets. The inverse demand curves in the two markets are, respectively, p1 = 306-592. The monopolist has no fixed costs and a constant marginal cost of 6. The profit maximising quantities are: 122 29₁ and P2 = O O 91 = 39 and q2 = 28 29 and 92 91 91 = 91 91 = 58 and q2 = 32 = = 50 and 92 49 and 92 = = 30 = = = 29 = = 40
Chapter1: Making Economics Decisions
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![A monopolist sells in two markets. The inverse demand curves in the two markets
= 306 592. The monopolist has no
fixed costs and a constant marginal cost of 6. The profit maximising quantities are:
are, respectively, p1
1222q₁ and P2
91
91
91
91
91
-
= 29 and
39 and 92 28
= 58 and 92
=
= 50 and
=
92 = 30
=
||
=
32
92 29
= 49 and 92 = 40](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F75cc0061-2122-4c08-9d22-4c32a98bc2e1%2F50ebc5db-545f-4ff8-aaea-9603aa08de52%2Fg9897qa_processed.png&w=3840&q=75)
Transcribed Image Text:A monopolist sells in two markets. The inverse demand curves in the two markets
= 306 592. The monopolist has no
fixed costs and a constant marginal cost of 6. The profit maximising quantities are:
are, respectively, p1
1222q₁ and P2
91
91
91
91
91
-
= 29 and
39 and 92 28
= 58 and 92
=
= 50 and
=
92 = 30
=
||
=
32
92 29
= 49 and 92 = 40
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