I estimated that Warner faced inverse demand functions for its Harry Potter and the Deathly Hallows, Part

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I estimated that Warner faced inverse demand functions for its Harry Potter and the Deathly Hallows, Part 2 DVD of \(p_{A}=57-4.8 Q_{A}\) in the United States and \(p_{B}=77-19 Q_{B}\) in the United Kingdom. Given that the marginal cost is 1 in both countries, solve for Warner's optimal prices and quantities in each country.

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Microeconomics

ISBN: 9781292215624

8th Global Edition

Authors: Jeffrey Perloff

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