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Demand for different countries is as followed: Q(A) = 50 - P(A) Q(B) = 85 - 2.5P(B) The total cost quantity is Q(A) + Q(B)
Demand for different countries is as followed:
Q(A) = 50 - P(A)
Q(B) = 85 - 2.5P(B)
The total cost quantity is Q(A) + Q(B)
Total Cost = 0.625Q^2 + 10Q + 150
From these information find profit-maximization strategy and Indicate prices and quantities and social welfare. Also graph demonstration
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