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Please solve, thank you 1.Assume a firm is able to segment its market into 3 segments and use price discrimination. You have these: Total Costs:

Please solve, thank you

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1.Assume a firm is able to segment its market into 3 segments and use price discrimination. You have these: Total Costs: C = 10+4Q+2Q2 Segment 1 Demand P = 5000 - 4Q1 Segment 2 Demand P = 3000 - 2Q2 Answer the following questions: a.Explain how this firm will conduct 3rd Degree Price Discrimination. b.Compute the profit maximizing P and Q for Segment 1 c.Compute the profit maximizing P and Q for Segment 2

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