Question: For a profit maximizing monopolist, given two demand functions for two different markets D 1 ( p ) = 160 p and D 2 (

For a profit maximizing monopolist, given two demand functions for two different markets

D1(p)=160p and D2(p)=1602p , and given a cost function C(p)=5q+21q2

Find the profit maximizing prices, the total profit of the monopolist and the set of goods sold, if the monopolist has to pay a per unit tax t in market 1 and no tax in market 2.

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