Consider a monopolist which sells output in two markets, the home market and the foreign market. The menopolist faces a linear demand curve of P - 20 - Qi in the home market and Py - 40- 20, in the...


Consider a monopolist which sells output in two markets, the home market and the foreign market. The<br>menopolist faces a linear demand curve of P - 20 - Qi in the home market and Py - 40- 20, in the foreign<br>market The monopolists total cost is C(q)-1500-q What prices the monopolist charges in the home and the<br>foreign market respectively?<br>O$11, $21<br>Os12. S16.<br>O $6, S18<br>O $18, $28.<br>none of the above<br>

Extracted text: Consider a monopolist which sells output in two markets, the home market and the foreign market. The menopolist faces a linear demand curve of P - 20 - Qi in the home market and Py - 40- 20, in the foreign market The monopolists total cost is C(q)-1500-q What prices the monopolist charges in the home and the foreign market respectively? O$11, $21 Os12. S16. O $6, S18 O $18, $28. none of the above

Jun 07, 2022
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