A firm produces a product at a fixed marginal cost of $10 and sells the product on two different markets (A and B) . The demand on market A is Q_A = 80 - 2P. The demand on market B is Q_B = 50 - P. What price should the firm charge on market A? A) 20 B) 25 C) 30 D) None of the above is correct.

Question

Quizplus · Accepted Answer

The Answer of A firm produces a product at a fixed marginal cost of $10 and sells the product on two different markets (A and B) . The demand on market A is Q_A = 80 - 2P. The demand on market B is Q_B = 50 - P. What price should the firm charge on market A? A) 20 B) 25 C) 30 D) None of the above is correct.

A Firm Produces a Product at a Fixed Marginal Cost