2) À monopolist is deciding on the quantity of output to produce in two different countries. Demand for the two countries are: • Q1 = 12- P %3D • Q2 = 12 2P2 %3D ATC = MC = $4 %3D %3D • a. (10) What are price, output, and profits, if the monopolist can price discriminate

Principles of Economics, 7th Edition (MindTap Course List)
7th Edition
ISBN:9781285165875
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter15: Monopoly
Section15.3: The Welfare Cost Of Monopolies
Problem 3QQ
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2) A monopolist is deciding on the quantity of output to produce in two different countries.
Demand for the two countries are:
Q1 = 12- P
• Q2 = 12 2P
ATC = MC = $4
%3D
%3D
%3D
%3D
• a. (10) What are price, output, and profits, if the monopolist can price discriminate
Transcribed Image Text:2) A monopolist is deciding on the quantity of output to produce in two different countries. Demand for the two countries are: Q1 = 12- P • Q2 = 12 2P ATC = MC = $4 %3D %3D %3D %3D • a. (10) What are price, output, and profits, if the monopolist can price discriminate
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