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A pn'ce-discriminating monopolist sells a good in two markets, and he is onlyr capable of doing simple perunit pricing in each market. The inverse demand

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A pn'ce-discriminating monopolist sells a good in two markets, and he is onlyr capable of doing simple perunit pricing in each market. The inverse demand curves in the two markets are: 111:352111 P2=353q2 respectively. The nn's total cost is of producing .31 , in in the two markets is (q1 + [12)? \" Part a (15 marks) What are the protmaximizing quanties ql, {I2 in the two markets? " Part b (15 marks) What are the protmaximizing prices p1, 1512 in the two markets? " Part c (15 marks} Suppose that the monopolist is now restricted to charge the same price in the two markets. What would be the market demand for this combined market? Assume that the two markets have the same size (normalized to 1). " Part d (15 marks) Following Part c, what is the objective function of the monopolist who now cannot do third-price discrimination? (in [rm a" n1" {hf}

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