Question: Problem $4$Dr$.$Darrin Lebowstky and Dr$.$Marcos Kasee are hospital managers at very similar cardiology clinics in two neighboring towns. Dr$.$Lebowtsky$$s hospital is a for profit clinic, while Dr$.$Kasee$$s hospital is a quantity maximizing non$-$for$-$profit hospital. Both hospitals have the same cost structure and have significant market power, and face

Problem $4$Dr$.$Darrin Lebowstky and Dr$.$Marcos Kasee are hospital managers at very similar cardiology clinics in two neighboring towns. Dr$.$Lebowtsky$$s hospital is a for profit clinic, while Dr$.$Kasee$$s hospital is a quantity maximizing non$-$for$-$profit hospital. Both hospitals have the same cost structure and have significant market power, and face identical demands. The inverse demand curve $($average revenue$)$for cardiological services in both towns is given by AR $=$P $=200$Q$.$Their marginal revenue curve is twice as steep, so it$$s represented by the line MR $=2002$Q