Question: A monopolist s inverse demand function is P = 1 0 0 Q . The company produces output at two facilities; the marginal cost of

A monopolists inverse demand function is P =100 Q. The company produces output at two
facilities; the marginal cost of producing at facility 1 is M C1(Q1)=4Q1, and the marginal cost of
producing at facility 2 is M C2(Q2)=2Q2.
(a) Provide the equation for the monopolists marginal revenue function. (Hint: Recall that Q1+
Q2= Q.)
(b) Determine the profit-maximizing level of output for each facility.
(c) Determine the profit-maximizing price

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