A monopolist can sell in two separate markets with demand curves p₁= 160 - 8q₁and p₂= 80 - 2 _2.The monopolist's marginal cost is 5 + Q. What will be the prices charged by the monopolist in the two markets? What are the quantities sold in the two markets?

Question

Quizplus · Accepted Answer

The Answer of A monopolist can sell in two separate markets with demand curves p₁= 160 - 8q₁and p₂= 80 - 2 _2.The monopolist's marginal cost is 5 + Q. What will be the prices charged by the monopolist in the two markets? What are the quantities sold in the two markets?

A Monopolist Can Sell in Two Separate Markets with Demand