Answer Happy

A monopolist named Ghost has created a viral sensation: the SuperSecretBox. Ghost estimates that the inverse demand for this product in the United States is P2 = 22.00 - where P, is the price in the United States measured in U.S. dollars. The inverse demand for the product in England is P2 = 18.00 - where P2 is its price in England measured in U.S. dollars. Ghost has a cost function (Q) = 5,000 + 29 where is the total number of Super SecretBoxes (Q1 + 2) that it produces. Further assume that all production is made in one factory. Assuming Ghost must charge a uniform price and sells in both countries, how many copies should it sell? (Round your answer to two decimals if necessary.) Part 2 (1 point) See Hint What uniform price should Ghost charge to maximize its profits? (Round your answer to two decimals if necessary.) $ Part 3 (1 point) See Hint What are total profits from selling to both countries for a uniform price? (Round your answer to two decimals if necessary.) $ Part 4 (2 points) See Hint If Ghost can charge a different price in each country and wants to maximize profits, how many boxes should it sell in the United States, and what price should it charge? Quantity sold in the United States (round to two decimals if necessary): Per-unit price in the United States (round to two decimals if necessary): $ Part 5 (2 points) See Hint As Ghost is charging a different price in each country and wants to maximize profits, how many boxes should it sell in England, and what price should it charge? Quantity sold in England (round to two decimals if necessary): Per-unit price in England (round to two decimals if necessary): $ Part 6 (1 point) See Hint What are Ghost's total profits, while charging a different price in each of the two markets? (Round your answer to two decimals if necessary.)