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A monopolist is deciding how to allocate output between two markets that are separated geographically. Demands for the two markets are P1 = 15 -Q1

  • "A monopolist is deciding how to allocate output between two markets that are separated geographically. Demands for the two markets are P1 = 15 -Q1 and P2 = 25 - 2Q2. The monopolist's TC is C = 5 + 3(Q ...?"

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