[) 2) Entresto, a drug used to treat heart failure is priced differently depending on where it 1s sold. The demand for the drug in the US and Switzerland are given below: American market: P(Q4) = 50 0.5Q, Swiss market: P(Q) = 20 0.250; A monopolist has MC=2 a) What does the profit maximizing monopolist charge in each market? How much 1s sold in each market? b) Suppose the monopolist was not allowed to price discriminate and had to charge the same price to the American and Swiss markets, what quantity and price would be sold? Would welfare imncrease or decrease? A firm faces the inverse demand function: P =900 - 20Q + 0.24%* The firms TC of production 1s given as: TC=5Q02+120+A What level of QQ, A, and P maximize the firm's profits