Answer to Question #72540 in Microeconomics for Una

Question #72540
Monopolist with a constant MC of 6, sells products in 2 separate markets.
Market 1: P1 = 24 - Q1
Market 2: P2 = 12 - 0.5Q2
(a) Calculate profit-maximizing price and quantity in these 2 market.
(b) Calculate monopolist's total profit
(c) Calculate DWL in market 1
1
Expert's answer
2018-01-19T16:13:06-0500
The answer to the question is available in the PDF file https://www.assignmentexpert.com/https://www.assignmentexpert.com/homework-answers/economics-answer-72540.pdf

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be the first!

Leave a comment

Ask Your question

LATEST TUTORIALS
New on Blog
APPROVED BY CLIENTS