Question: Determine the profit - maximizing LOADING... prices when a firm faces two markets where the inverse demand curves are Market A: p Subscript Upper ApAequals
Determine the
profitmaximizing
LOADING...
prices when a firm faces two markets where the inverse demand curves are
Market A:
p Subscript Upper ApAequalsminusUpper Q Subscript Upper AQA
where demand is less elastic, and
Market B:
p Subscript Upper BpBequalsminusUpper Q Subscript Upper BQB
where demand is more elastic, and
Marginal
Costequalsmequals
for both markets.
Part
For Market A:
p Subscript Upper ApAequals$enter your response here.
Round your response to two decimal places.
Part
For Market B:
p Subscript Upper BpBequals$enter your response here.
Round your response to two decimal places.
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