Question: An electric utility is going to use a block-pricing schedule. They plan to charge P for the first Q units and P2 for the

An electric utility is going to use a block-pricing schedule. They plan

An electric utility is going to use a block-pricing schedule. They plan to charge P for the first Q units and P2 for the subsequent units. The units sold at P are the total units sold, Q2, minus the total units sold at P. The inverse demand curve is P = 100-Q, and the marginal and average cost is $40. Use calculus to solve for P, P2, Q1, Q2-

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