A producer has the possibility of discriminating between the domestic and foreign market for a product where the demands respectively are: Q₁-30-0.25P₁ Q₂-26-02P₂ Total cost-100-200 where Q- Q₁ Q₂ a) What price will the producer charge in order to maximize profits with discrimination between markets. b) What is the maximum profit Round all intermediate and final answers to the nearest cent, 2 d.p. Market 1 Q₁-10-025 1. P TRA MB MC. Set Mande for kand TRE TAX Combines The E A++ Market 2 26-0.2P TRAN MA Sta Ser MRMC and for Pan PE KAME SAME

A producer has the possibility of discriminating between the domestic and foreign market for a product where the demands respectively are: Q₁-30-0.25P₁ Q₂-26-02P₂ Total cost-100-200 where Q- Q₁ Q₂ a) What price will the producer charge in order to maximize profits with discrimination between markets. b) What is the maximum profit Round all intermediate and final answers to the nearest cent, 2 d.p. Market 1 Q₁-10-025 1. P TRA MB MC. Set Mande for kand TRE TAX Combines The E A++ Market 2 26-0.2P TRAN MA Sta Ser MRMC and for Pan PE KAME SAME

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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