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

Survey Of Economics
10th Edition
ISBN:9781337111522
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter8: Monopoly
Section: Chapter Questions
Problem 15SQ
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Suppose that the monopolist can produce with total cost: TC
goods in two different markets separated by some distance. The demand curves in the first market and the
second market are given by Q1= 120-P, and Q2 = 240-4P. If the monopolist can maintain the
separation between the two markets, what would be the total profit of the monopolist under price
discrimination?
100. Assume that the monopolist sells its
%3D
O$ 4,525
O $ 5,525
O
$ 6,025
$ 3,025
Transcribed Image Text:Suppose that the monopolist can produce with total cost: TC goods in two different markets separated by some distance. The demand curves in the first market and the second market are given by Q1= 120-P, and Q2 = 240-4P. If the monopolist can maintain the separation between the two markets, what would be the total profit of the monopolist under price discrimination? 100. Assume that the monopolist sells its %3D O$ 4,525 O $ 5,525 O $ 6,025 $ 3,025
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