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Answer to Question #29099 in Finance for Patoliya Nirali B
Question #29099
P=50-2Q C=25+10Q
Suppose the firm is able to separate its customers in two distinct markets with the following demand functions:
P1=40-2.5Q1 P2=90-10Q2
From the above equation calculate the following:
(i) Total Demand
(ii) Marginal Revenue
(iii) Marginal Cost
Suppose the firm is able to separate its customers in two distinct markets with the following demand functions:
P1=40-2.5Q1 P2=90-10Q2
From the above equation calculate the following:
(i) Total Demand
(ii) Marginal Revenue
(iii) Marginal Cost
Expert's answer
Answer in progress...
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