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Assume you are a monopolist wishing to use third degree price discrimination to increase your prots. Assume for Market 1 you know that: Q1 =

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Assume you are a monopolist wishing to use third degree price discrimination to increase your prots. Assume for Market 1 you know that: Q1 = 100 5P1 Assume for Market 2 you know that: Q; = 50 10P2 Your plant total costs are: TC = 90 + 2Q Estimate the prot max price, quantity, and elasticity for both markets. What is your total prot? Show all your work. You will have till Monday night April 1 2019 at midnight. Upload to

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