Question: Please help me solve this 1. Suppose there is a monopoly in the market whose consumers are one of two types (A and B). The

 Please help me solve this 1. Suppose there is a monopoly

Please help me solve this

in the market whose consumers are one of two types (A and

1. Suppose there is a monopoly in the market whose consumers are one of two types (A and B). The (inverse) demand of type A consumers is given by P = 60 2QA and the (inverse) demand for type B consumers is given by P = 120 ZQB. The monopolist cannot price discriminate in this market. a. Solve for the monopolist's aggregate demand curve in this market and the associated marginal revenue curve (10 pts) b. Suppose that the monopolist has a constant marginal cost of M C (q) = 10. Solve for the equilibrium price and quantity in this market. How much of this output is sold to type A consumers and how much is sold to type B consumers? (5 pts) c. Suppose that the monopolist has a constant marginal cost of M C (q) : 20. Solve for the equilibrium price and quantity in this market. How much of this output is sold to type A consumers and how much is sold to type B consumers? (5 pts)

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