Juggy Company faces a peak perioddemand of Pp = 10 -Qpand an off-peak period demand of Pop = 4 -Qop.The corresponding marginal revenue curves areMRp= 10 - 2Qp andMRop= 4 - 2Qop.The marginal cost of building capacity is 2 cents and the marginal cost of operation is 1cent. Prices are in cents/kilowatt hours and quantities are in millions of kilowatt-hours.

Find

a) peak period price

b)quantity and the off peak period price