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Determine the profit-maximizing prices when a firm faces two markets where the inverse demand curves are = Market A: PA 80-2QA where demand is
Determine the profit-maximizing prices when a firm faces two markets where the inverse demand curves are = Market A: PA 80-2QA where demand is less elastic, and Market B: PB 60-1QB where demand is more elastic, and Marginal Cost m=40 for both markets. For Market A: PA $ (Round your response to two decimal places.) For Market B p =$(Round your response to two decimal places.)
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