Question: Question 4 A monopolist faces two separate markets and can price discriminate accordingly. The demand in the first market is Q1 = 414p, and the

Question 4 A monopolist faces two separate markets and can price discriminate accordingly. The demand in the first market is Q1 = 414p, and the inverse demand in the second Not yet market is P2 = 258 - 2Q2. The total cost of production is c(Q) = 1.5(Q1 + Q2). answered Marked out of Answer the following: 1.00 If rounding is needed, write your answers to 3 decimal places. Flag a) Find the profit maximising price for the first market. question b) Find the profit maximising price for the second market

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