A firm produces a product at a fixed marginal cost of $2 and sells the product on two different markets (A and B) . The demand on market A is Q_A = 10 - P. The demand on market B is Q_B = 20 - P. What price should the firm charge on market A? A) 4 B) 6 C) 9 D) None of the above is correct.

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The Answer of A firm produces a product at a fixed marginal cost of $2 and sells the product on two different markets (A and B) . The demand on market A is Q_A = 10 - P. The demand on market B is Q_B = 20 - P. What price should the firm charge on market A? A) 4 B) 6 C) 9 D) None of the above is correct.

A Firm Produces a Product at a Fixed Marginal Cost