ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Determine the
profit-maximizing
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prices when a firm faces two markets where the inverse demand curves are
                                               Market​ A:
pA=120−2QA​,
where demand is less​ elastic, and
                                               Market​ B:
pB=80−0.5QB​,
where demand is more​ elastic, and
Marginal
Cost=m=20
for both markets.
Part 2
For Market​ A:
pA=​$enter your response here.
​ (Round your response to two decimal​ places.)
Part 3
For Market​ B:
pB=​$enter your response here.
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