Question: 7. A computer manufacturer makes a small personal computer with a number of special features. Its total cost function over the next year is TC

 7. A computer manufacturer makes a small personal computer with a

7. A computer manufacturer makes a small personal computer with a number of special features. Its total cost function over the next year is TC = 2.5x105 + 2000:] + 0.5q1. The company sells in two distinct markets: domestic and foreign. The inverse demand function in these two markets are Pa = 9000 Em: and PF = 6000 3dr where the us are quantities sold in each market. a. If the companyr uses a common price, what price it will set for its computer, and how many units will be sold? Suppose now that the company decides to set two different prices, one for the domestic market and one for the foreign. How many units will be produced, and what will be the price in each market

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