Answer to Question #68447 in Microeconomics for Tolga Turan
Market A : P=15-Q Market B: P=11-Q
A company estimates its total cost function : TC=4Q
a)Quantity,total revenue and profit when company maximizes its profit and charges the same price in both markets
b)Quantity,total revenue and profit when the company charges different prices in each market and maximizes its total profit
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