Suppose that the monopolist can produce with total cost: TCgoods in two different markets separated by some distance. The demand curves in the first market and thesecond market are given by Q1= 120-P, and Q2 = 240-4P. If the monopolist can maintain theseparation between the two markets, what would be the total profit of the monopolist under pricediscrimination?100. Assume that the monopolist sells its%3DO$ 4,525O $ 5,525O$ 6,025$ 3,025

The monopolist uses the practice of price discrimination to make maximum profit. It is the practice…

Suppose that the monopolist can produce with total cost: TC = 10Q. Assume that the monopolist sells it- goods in two different markets separated by some distance. The demand curves in the first market and the second market are given by Q, = 120- P, and Q2 = 240- 4P2. If the monopolist can maintain the separation between the two markets, what would be the total profit of the monopolist under price discrimination? O$ 4,525 O $ 5,525 O$ 6,025 $ 3,025

Suppose that the monopolist can produce with total cost: TC = 10Q. Assume that the monopolist sells it- goods in two different markets separated by some distance. The demand curves in the first market and the second market are given by Q, = 120- P, and Q2 = 240- 4P2. If the monopolist can maintain the separation between the two markets, what would be the total profit of the monopolist under price discrimination? O$ 4,525 O $ 5,525 O$ 6,025 $ 3,025

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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