Question: thank you for the help Question 3. (18 points) Consider two countries each with a monop- olist that owns the only line of production of

thank you for the help

thank you for the help Question 3. (18 points) Consider two countries

Question 3. (18 points) Consider two countries each with a monop- olist that owns the only line of production of a hand sanitizer in the country. Let firm 1 be located in country 1 and firm 2 be located in country 2. Let of (i e {1, 2), j 6 {1, 2)) denote the output quantity sold by firm i in country j. Consequently, we denote by q = 4, + of the total output produced by firm i e {1, 2), and by q' = of + g the total quantity sold in country j 6 {1, 2). The demand for the hand sanitizer in countries 1 and 2 is given by P =0-q, je(1,2). The firms have no fixed costs of production, and identical constant marginal cost of production 0

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