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A FIRM SELLS SHIRTS TO ONLY TWO GROUPS A rm selis shirts to only two groups of buyers, group A and group B The shirts

A FIRM SELLS SHIRTS TO ONLY TWO GROUPS

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A rm selis shirts to only two groups of buyers, group A and group B The shirts demand equation for groupAis: QA = 15 - PA. The shirts demand equation for group B is: QB = 22 - 2P3. The rm's cost function is C = 9Q.where Q is total quantity of shirts sold (QA + QB). The rm must sell an integer quantity of shirts to each group of buyers. Calculate protimaximiziog values for the following if the rm employs 3rd degree price discrimination. {You must clearly label each answer and showyour calculations to receive any credit.) a) Price per shirt for buyers in groupA b) Price per shirt for buyers in group B c) Total quantity of shirts produced by the firm d) Total prots of the rm

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