Question: A firm has the demand function Q = 80 - 2P, the cost function C(Q) = 10Q, using a two part pricing scheme, determine: The

A firm has the demand function Q = 80 - 2P, the cost function C(Q) = 10Q, using a two part pricing scheme, determine:

The price of the product and how the firm would charge for it.

The profit of the firm.

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