# 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

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

Expert's answer

Need a fast expert's response?

Submit orderand get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

## Comments

## Leave a comment