Suppose a firm in Toronto has two markets with the following demand curve for each market, P1=100

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Suppose a firm in Toronto has two markets with the following demand curve for each market, P1=100 − Q and P2=$50, and the marginal cost of this firm is MC=2Q. How much will this firm sell for each market? What are the prices for this product in each market?

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Microeconomics

ISBN: 978-0132857123

8th edition

Authors: Robert Pindyck, Daniel Rubinfeld

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