Question: With the follow Demand Functions Q 1 = 9 - (0.05) P 1 Q 2 = 10 - (0.1) P 2 Q 3 = 16

With the follow Demand Functions

Q1 = 9 - (0.05) P1

Q2 = 10 - (0.1) P2

Q3 = 16 - (0.2) P3

and Cost function

C=490 - 50Q + 2.5 Q2

What are the output, price, and profit if the firm did not differentiate across markets

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