Determine the profit-maximizingLOADING... prices when a firm faces two markets where the inverse demand curves are Market A: p Subscript Upper Aequals80minus2Upper Q Subscript Upper A, where demand is less elastic, and Market B: p Subscript Upper Bequals60minus1Upper Q Subscript Upper B, where demand is more elastic, and Marginal Costequalsmequals20 for both markets.
Answers: 3
........................ (1)
........................ (2)
in equation (1), we have:
in equation (2), we have:
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Determine the profit-maximizingLOADING... prices when a firm faces two markets where the inverse dem...
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