Suppose that the monopolist can produce with total cost: TC = 10Q. Assume that the monopolist sells it- goods in two different markets separated by some distance. The demand curves in the first market and the second market are given by Q, = 120- P, and Q2 = 240- 4P2. If the monopolist can maintain the separation between the two markets, what would be the total profit of the monopolist under price discrimination? O$ 4,525 O $ 5,525 O$ 6,025 $ 3,025
Suppose that the monopolist can produce with total cost: TC = 10Q. Assume that the monopolist sells it- goods in two different markets separated by some distance. The demand curves in the first market and the second market are given by Q, = 120- P, and Q2 = 240- 4P2. If the monopolist can maintain the separation between the two markets, what would be the total profit of the monopolist under price discrimination? O$ 4,525 O $ 5,525 O$ 6,025 $ 3,025
Chapter8: Monopoly
Section: Chapter Questions
Problem 15SQ
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