c. Solve the first order conditions using Cramer’s rule. d. Use the values that you found in part c to find the prices in each market and the profit that is made by the monopolist. Suppose that a...

c. Solve the first order conditions using Cramer’s rule. d. Use the values that you found in part c to find the prices in each market and the profit that is made by the monopolist.

Extracted text: Suppose that a monopolist offers two different products with demand functions P1 = 56 – 4q1 P2 = 48 – 2q2 The monopolist's joint cost function is C(q1, 92) qỉ + 5q192 + qź