Price Discrimination. Suppose a monopolist faces two separate markets. Demand in market 1 is P1 = 100 – ¼ Q1 and Demand in market 2 is P2 = 80 – ½ Q2. Cost are C(Q) = 10(Q1 + Q2) with marginal cost MC(Q) = 10. a) Suppose the monopolist can charge different prices for each market. What is the profit maximizing price and quantity in each market (P1, Q1) (P2, Q2)? b) What is the total profit the monopolist re

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