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Assume a price discriminating monopolist selling in two markets 1. TC = 50 +40Q -.3Q2 2. MRKT 1: P1= 20 - 4Q1 3. MRKT 2:

Assume a price discriminating monopolist selling in two markets 1. TC = 50 +40Q -.3Q2 2. MRKT 1: P1= 20 - 4Q1 3. MRKT 2: P2 = 100 - 5Q2 Find for each market the profit max P, Q, e, TR, TC, Profit

Change the sign in the on the last term in the cost function to a +.3Q^2

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