Question: A monopolist faces two separate markets and can price discriminate accordingly. The demand in the first market is QI = production is c(Q) =

A monopolist faces two separate markets and can price discriminate accordingly. The demand in the first market is QI = production is c(Q) = 1.2(Q1 -F Q2) Answer the following: If rounding is needed, write your answers to 3 decimal places. a) Find the profit maximising price for the first market. b) Find the profit maximising price for the second market. 449m 6 and the inverse demand in the second market is P2 = 444 2Q2. The total cost of

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