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December 19, 2014

Homework Help: mathematical economics

Posted by ismail on Tuesday, August 25, 2009 at 10:41am.

suppose a monopolist produces and sells a product ona 2 diferent markets. demand function on the two markets are repectively i=market 1 / ii=market 2

Pi= 200-2Qi Pii=180-4Qii

cost function is C=20(Qi+Qii)

A) what Quantities and price that maximize the firm's profit

B) how much profit is lost if price discrimination becomes illigal?

C)discuss the consequences on the optimal quantities, prices and profits of the introduction of a tax of 5 per unit sold in market 1

==i just seem to be getting very very weird answers === please i need help!!!

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