Consider a monopolist facing two consumers with the following two inverse demand functions: P=200-4Q1 and P=122- 6Q2. Assume that fixed costs are zero and that the marginal cost is equal to $8. a) Now assume the monopolist decides not to serve the low demand consumer. Solve for price, demand and monopolist profits. Is the monopolist better off as a result of eliminating the low-volume consumer from the market?

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