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Question Two a) A discriminating monopolist producing a single pmduct is faced with the following two demand and total cost functions from each of the

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Question Two a) A discriminating monopolist producing a single pmduct is faced with the following two demand and total cost functions from each of the two markets. Q.=3e 954021\": C=5+lQ Q29] +92 {i}Find the prot maximizing levels of output {ii)WhaI is the maximum profit? {iii}If the monopolist cannot apply price discrimination, what would he the prot maximizing levels of output and prices? b) Using diagrams, brieyr explain the effect of increase in savings and population gIWlh on steady-state equilibrium in the Solow growth model

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