The editorial Harper modern classics holds the rights to One Hundred Years of Solitude by Gabriel Garcia Marquez. The editorial sells the book both in the US and Colombia. The demand for the book in the US is given by Pus= 36-4Qus . The demand for the book in Colombia is given by: Pcol = 24 - 42col . If MC-4 and Harper cannot price discriminate, who many units should Harper produce in the Colombian market to maximize profit? 0.75 1.75 2.75 3.75 4.75
The editorial Harper modern classics holds the rights to One Hundred Years of Solitude by Gabriel Garcia Marquez. The editorial sells the book both in the US and Colombia. The demand for the book in the US is given by Pus= 36-4Qus . The demand for the book in Colombia is given by: Pcol = 24 - 42col . If MC-4 and Harper cannot price discriminate, who many units should Harper produce in the Colombian market to maximize profit? 0.75 1.75 2.75 3.75 4.75
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![The editorial Harper modern classics holds the rights to One Hundred Years of
Solitude by Gabriel Garcia Marquez. The editorial sells the book both in the US and
Colombia. The demand for the book in the US is given by
Pus = 36 - 4Qus
The demand for the book in Colombia is given by:
= 24 - 42col
. If MC-4 and Harper cannot price discriminate, who many units should Harper
produce in the Colombian market to maximize profit?
0.75
1.75
2.75
3.75
P col
4.75](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fde280776-5957-4ddd-8e9f-e7d9a37ee70e%2Fd2a94780-9552-47ee-a666-4308797dbd17%2Fa5fjq96_processed.png&w=3840&q=75)
Transcribed Image Text:The editorial Harper modern classics holds the rights to One Hundred Years of
Solitude by Gabriel Garcia Marquez. The editorial sells the book both in the US and
Colombia. The demand for the book in the US is given by
Pus = 36 - 4Qus
The demand for the book in Colombia is given by:
= 24 - 42col
. If MC-4 and Harper cannot price discriminate, who many units should Harper
produce in the Colombian market to maximize profit?
0.75
1.75
2.75
3.75
P col
4.75
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