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A monopoly firm faces two markets where the inverse demand curves are MarketA: P A =1402.75Q A , MarketB: P B =120Q B . The

A monopoly firm faces two markets where the inverse demand curves are

MarketA: P_A=1402.75Q_A,

MarketB: P_B=120Q_B.

The firm operates a single plant where total cost is C= 20Q+0.25Q², and marginal cost is m= 20+ 0.5Q.

Suppose the firm sets a single price for both markets. Using the informationabove, the profit maximizing price is$86.18 and the profit maximizing quantity is 53.37 units. Given thisinformation, you determine that the firm will earn a profit of $

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