Suppose that the menopolist can produce with total cost TC 10Q. Asume that the monopolist selts its goods in two different markets separated by some distance. The demand curves in the first market and the second market are gven by , 120- and 240-A Suppose that consumers can mail the product from cheaper location to a more epensive location at a maling cost 540. What would be the monopolist profit? $5525 $6025 $3025 $4525

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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Suppose that the monopolist can produce with total cost: TC 100. Assume that the monopolist sells its
goods in two different markets separated by some distance. The demand curves in the first market and the
second market are given by O, 120- P, and Q240- 4. Suppose that consumers can mail the
product from cheaper location to a more expensive location at a mailing cost $40. What would be the
monopolist profit?
$5525
$6025
$3025
$4525
Transcribed Image Text:Suppose that the monopolist can produce with total cost: TC 100. Assume that the monopolist sells its goods in two different markets separated by some distance. The demand curves in the first market and the second market are given by O, 120- P, and Q240- 4. Suppose that consumers can mail the product from cheaper location to a more expensive location at a mailing cost $40. What would be the monopolist profit? $5525 $6025 $3025 $4525
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