***********************************************

Answer only if you know the correct answer:

***********************************************

The protmaximizing levels of price and output for semimanufactured raw materials are per ton and E tons, respectively. At these levels of output the marginal revenue in the manufactured items market is and the marginal revenue in the semimanufactured raw materials market is . At these prices, the price elasticity of demand in the manufactured items market is V and the the price elasticity of demand in the semimanufactured raw materials market is V . (Hint: ED 2 '10:?) What are the total profits if the company is effectively able to charge different prices in the two markets? . If the company is required by law to charge the same perton rate to all users, the new profitmaximizing level of price and output are per ton and E tons respectively. The total prots in this situation is . A U.S. exportimport shipping companyr operates a general cargo carrier service between New York and several western European ports. It hauls two major categories of freight: manufactured items (Q1) and semimanufactured raw materials (Q2). The demand functions for these two classes of goods are: P12300Q1 Pg=80Q2 where QI- : tons of freight moved. The total cost function for the United States is TC:20+4(Q1+Q2) What is the nn's total prot function? 0 296521 Ql2 -- 76Q2 Q22 0 29991 Q12 601122 Q22 20 O 296Q1 Q12 7.3.92 Q22 20 O 30091 912 -- 30Q2 Q22 20 The protmaximizing levels of price and output for manufactured items are per ton and E tons, respectively