A firm manufactures a product that is sold on two different markets (A and B) that have the following demand and joint marginal cost functions:Q_A = 400 - P_AQ_B = 120 - P_BMC = 20 +QWhat prices in each market should the firm charge to maximize profits assuming that the markets are separate and the firm can engage in price discrimination?

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The Answer of A firm manufactures a product that is sold on two different markets (A and B) that have the following demand and joint marginal cost functions:Q_A = 400 - P_AQ_B = 120 - P_BMC = 20 +QWhat prices in each market should the firm charge to maximize profits assuming that the markets are separate and the firm can engage in price discrimination?

A Firm Manufactures a Product That Is Sold on Two