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5) A producer has the possibility of discriminating between the domestic and foreign markets for a product where the demands, respectively, are Q1 = 21

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5) A producer has the possibility of discriminating between the domestic and foreign markets for a product where the demands, respectively, are Q1 = 21 -0.1P 50 - 0.4P Totalcost = 2000 + 100 where Q = Q. +Q2. What price will the producer charge in order to maximize profits (a) with discrimination between markets and (b) without discrimination? (c) Compare the profit differential between discrimination and nondiscrimination

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