Please find the answers for markup/price group 1 and markup/price group 2.

You are the manager of a monopoly that sells a product to two groups of consumers in different parts of the country. Group 1's elasticity of demand is -3, while group 2's is -2. Your marginal cost of producing the product is $TD. a. Determine your optimal markups and prices under third-degree price discrimination Instructions: Enter your responses rounded to two decimal places. Markup for group 1: |:| Price for group 1: $ Markup for group 2: |:| Price for group 2: $