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l. The following shows the demands and marginal revenue in two markets (D1 and MR1, and D2 and MR2) for a price discriminating rm along

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l. The following shows the demands and marginal revenue in two markets (D1 and MR1, and D2 and MR2) for a price discriminating rm along with total demand, DT, marginal revenue, MRT, and marginal cost MC. As with the PPT slides, you can View the data generating these lines; for reference, D1 = 700 0.2Q D2 = 540 0.2Q MRT = 620 0.2Q DT = 620 0.1Q MC = 0.0006QA2 0.55Q + 279 a. Compare the demand conditions in each market; i.e. how do the two markets differ in their demand for the rm's product? b. How much total output should the rm produce (for both markets combined)? How should that output be allocated between markets 1 and 2? c. What price should the rm charge in each market

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