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(Solved by Expert Tutors) Suppose a monopolist faces two demand schedules P1= 36 - Q1 and P2>


= 18 - Q2/2and TC = 16Q. Determine the optimal profits, prices, and output level for the following situations.a. Can charge different prices in both markets?b. Must charge the same price in both markets?

 

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Apr 19, 2020

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