3- Faced with two distinct demand functions Qi = 24 - 0.2P, Q2 = 10 – 0.05P2 Where TC 35+40Q, what price will the firm charge (a) with discrimination (b) without discrimination 4- Prove that total...

3- Faced with two distinct demand functions Q_{1} = 24 - 0.2P Q_{2} = 10 - 0.05P_{2}

Where TC = 35 + 40Q what price will the firm charge (a) with discrimination (b) without discrimination

Extracted text: 3- Faced with two distinct demand functions Qi = 24 - 0.2P, Q2 = 10 – 0.05P2 Where TC 35+40Q, what price will the firm charge (a) with discrimination (b) without discrimination 4- Prove that total revenue is maximized for a linear demand function, P = a -bQ, point where Q = a/2b . - Minimize the following cost function: TC = 1/3Q' - 8.5Q² + 60Q+27 %3D 80=10-05P P=lo-20