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4 parts I need help with please ' various retail paint stores on i s own label and through SuperMart, a large chain of '-

4 parts I need help with please

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' various retail paint stores on i s own label and through SuperMart, a large chain of '- discount stores under an alternate label. The inverse demand functions for Anderson Paint in these two markets are as follow: for the retail paint stores: ' Haw-o, enmwm2 where P; and Q] are the price and quantity in retail paint stores and P2 and Q2 are the price and quantity in SuperMert stores. The total cost function for Anderson paint is: TC = 20 + 6(Q1 + Q2) [HINT: This is similar to the allyou-can-eat restaurant example during the lecture] Picase show your work for all answers. For fractions, calculate and show numbers up to the second decimal points. _What is the prot function for Anderson Paint? (4 prints) Find the prot maximizing price (3 points) and output level (3 points) for ouch market. _ What is the total prot for Anderson Paint from serving both markets? If Anderson Paint was required to charge the same price to serve both the Optimal price (5 points) and quantity (5 points)? markets, what would be ) What would be the prot for Anderson Paint if it were required to charge the same price in both markets? Anderson Point Company 561131133 gOOds through _

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