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A monopoly with constant marginal cost of $50 can sell to three groups of potential consumers, with demand Q1 = 800 - 0.2p, Q2 =
A monopoly with constant marginal cost of $50 can sell to three groups of potential consumers, with demand Q1 = 800 - 0.2p, Q2 = 400 - p, and Q3 = 700 - 0.4p, respectively. Find the optimal price-quantity combination in the market.
i) if the firm is able to price-discriminate
ii) if it is not able to price-discriminate
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