Seafood Salt Company wishes to third degree price discriminate to meet competition in two markets A and
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Seafood Salt Company wishes to third degree price discriminate to meet competition in two markets A and B. The firm’s total cost schedule is TC = 300 + $2*QA + $2*QB. Demands in the two markets are QA = 120-10*PA and QB = 120 – 20*PB. If the firm does not price discriminate, the profit-maximizing price to charge in both markets is _____. ?
Related Book For
Managerial Economics Theory Applications and Cases
ISBN: 978-0393912777
8th edition
Authors: Bruce Allen, Keith Weigelt, Neil A. Doherty, Edwin Mansfield
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