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n 1 of 1 (0 complete} In the market for some good. there aretwo distinct consumer groups with inverse demand functions given by: P1(Q1] =22TQ1

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n 1 of 1 (0 complete} In the market for some good. there aretwo distinct consumer groups with inverse demand functions given by: P1(Q1] =22TQ1 P2 [02) = 340.5 Q; The monopolist serving this market has constant marginal costs 10. Before social media became popular, the monopolist was unable to acquire enough data to price discriminate 'n this market. What are the protma:dmiz'ng price and quantity under the unifonh pricing model? Do not round intermediate values and submit your answers rounded to two decimal places. Equilbrium quantity: Equilbrium price: Assuming that the monopolist can prevent resale, the data that the monopoist is aide to acquire from its consumers' social media platforms allows it to divide them into the two groups with inverse demands given above. What prices will the monopolist charge to each group? Do not round intermediate values and submit your answers rounded to two decimal places. Price charged to group 1: Price charged to group 2: What is the impact of price discrim'nation on the consumers in this market? In other words, what is the change in consumer surplus when going from the singleprice monopoist to the discriminating monopolist? Do not round intermediate values and submit your answer rounded to two decimal places. Assume that group size does not matter. Change in consumer surpius: :l Enter your answer in each Of the answer boxes. 6

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