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A Monopoly operates in two different markets with the following demands: QA=200-P QB=120-P The total cost function is: TC=20Q a) If monopoly considers both markets combined (acting as a single-price monopoly) what quantity it produces? What price does it charge? What are its profits? QMonopoly= pMonopoly= Profits= b) If monopoly practices 3d degree price discrimination, what quantity does it produce in each market? What price does it charge in each market? What are the total profits (combined from both markets)? QA PAS QB= PB Profits=