Question: May I please have some help with the attached question? There is no information aside from what is posted. A monopoly sells its good in
May I please have some help with the attached question? There is no information aside from what is posted.

A monopoly sells its good in the U.S. and Japanese markets. The American inverse demand function is pa=110-Qa, and the Japanese inverse demand function is pj=90-ZQJ', where both prices, pa and pi, are measured in dollars. The rm's marginal cost of production is m = $20 in both countries. If the rm can prevent resales, what price will it charge in both markets? (Hint: The monopoly determines its optimal (monopoly) price in each country separately because customers cannot resell the good.) The equilibrium price in Japan is $:|. {round your answer to the nearest penny)
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