You are a monopolist serving a single market but you have 2 different factories. The market demand for your product is: Using the procedure you used in the video, answer this question. Which comes closest to the price this monopolist charges for his/her product? Multiple Choice O о O O P= $118 P= $84 P= $92 P= $125 Q=336-2*P And the two factories have the following marginal cost functions: MCA = 22 + Q and MCB = 14 + Q
You are a monopolist serving a single market but you have 2 different factories. The market demand for your product is: Using the procedure you used in the video, answer this question. Which comes closest to the price this monopolist charges for his/her product? Multiple Choice O о O O P= $118 P= $84 P= $92 P= $125 Q=336-2*P And the two factories have the following marginal cost functions: MCA = 22 + Q and MCB = 14 + Q
Managerial Economics: A Problem Solving Approach
5th Edition
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Chapter14: Indirect Price Discrimination
Section: Chapter Questions
Problem 5MC
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![YOU HAVE USED THIS INFO FOR THE PAST THREE QUESTIONS.
You are a monopolist serving a single market but you have 2 different factories. The market demand for your product is:
Using the procedure you used in the video, answer this question.
Which comes closest to the price this monopolist charges for his/her product?
Multiple Choice
O
O
O
O
P = $118
P = $84
P = $92
P = $125
Q = 336 - 2*P
And the two factories have the following marginal cost functions:
MCA = 22 + Q and MCB = 14 + Q](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F48b3916d-ed69-4725-b6b0-1c4720057290%2F7fe005cd-37b3-4f36-91a7-24c518ab4036%2Fuww4hul_processed.png&w=3840&q=75)
Transcribed Image Text:YOU HAVE USED THIS INFO FOR THE PAST THREE QUESTIONS.
You are a monopolist serving a single market but you have 2 different factories. The market demand for your product is:
Using the procedure you used in the video, answer this question.
Which comes closest to the price this monopolist charges for his/her product?
Multiple Choice
O
O
O
O
P = $118
P = $84
P = $92
P = $125
Q = 336 - 2*P
And the two factories have the following marginal cost functions:
MCA = 22 + Q and MCB = 14 + Q
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