A monopoly firm faces two markets where the inverse demand curves are Market​ A: Upper P Subscript Upper A Baseline equals 140 minus 2.75 Upper Q Subscript Upper APA =140 − 2.75QA​, Market​ B: Upper P Subscript Upper B Baseline equals 120 minus Upper Q Subscript Upper BPB = 120 − QB. The firm operates a single plant where total cost is C​ = 20Qplus+0.25Q Superscript 2​, and marginal cost is m​ = 20​ + 0.5Q. Part 2 Suppose the firm sets a single price for both markets. Using the information​ above, the profit maximizing price is​ $86.18 and the profit maximizing quantity is 53.37 units. Given this​ information, you determine that the firm will earn a profit of ​$

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
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Chapter1: Making Economics Decisions
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A monopoly firm faces two markets where the inverse demand curves are Market​ A: Upper P Subscript Upper A Baseline equals 140 minus 2.75 Upper Q Subscript Upper APA =140 − 2.75QA​, Market​ B: Upper P Subscript Upper B Baseline equals 120 minus Upper Q Subscript Upper BPB = 120 − QB. The firm operates a single plant where total cost is C​ = 20Qplus+0.25Q Superscript 2​, and marginal cost is m​ = 20​ + 0.5Q. Part 2 Suppose the firm sets a single price for both markets. Using the information​ above, the profit maximizing price is​ $86.18 and the profit maximizing quantity is 53.37 units. Given this​ information, you determine that the firm will earn a profit of ​$
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