Determine the profit-maximizing prices when a firm faces two markets where the inverse demand curves are Market A: PA= 1
Posted: Sun Jul 03, 2022 3:43 pm
Determine the profit-maximizing prices when a firm faces two markets where the inverse demand curves are Market A: PA= 100-2QA where demand is less elastic, and Market B: PB =60-0.5Q8, where demand is more elastic, and Marginal Cost = m = 20 for both markets. For Market A: PA=$. (Round your response to two decimal places.) For Market B: PB = $. (Round your response to two decimal places.)