w AutoSave On FS Assignment #2(3) . Saved Search (Alt+Q) Aarish Khurana File Home Insert Draw Design Layout References Mailings Review View Help Comments Share Times New Roman 12 O LO Past BI Uva X X Po Style Editing Dictate Sensitivity Edito Reuse A v A Files Undo Clipboard Font Paragraph Isi Styles Is Voice Sensitivity Editor Reuse Files 55 48 6 42 Complete the tables. 10 marks What price will the firm charge in each market? 2 marks Price in Market-1= Price in Market- 2 = Based solely on these two prices, which market has the lower price elasticity of demand? Why? 3 marks What will be this monopolist's total economic profit in these two markets? 5 marks Focus 6 110% 1254 words X English (United States) Accessibility: Investigate feel acer wosem ka S F11 F12 Prise Pause Br Insert F8 _1. F10 Imprec Interr. Aw AutoSave On Assignment #2(3) . Saved Search (Alt+Q) Aarish Khurana X File Home Insert Draw Design Layout References Mailings Review View Help Comments Share Times New Roman v 12 A O LO Paste BIUval X X Styles Editing Dictate Sensitivity Editor Reuse A L Av Aav Files Undo Clipboard IS Font Paragraph Is Styles Is Voice Sensitivity Editor Reuse Files 42 168 37 185 33 198 29 203 Buyers in Market-2 Quantity Total Marginal AC TC MC Price Demanded |Revenue Revenue $115 0 100 83 2 71 3 63 4 55 5 48 6 42 7 110% Focus 1254 words X English (United States) Accessibility: Investigate acer feel wosem kqAutoSave On ES Assignment #2(3) . Saved v Search (Alt+Q) Aarish Khurana File Home Insert Draw Design Layout References Mailings Review View Help Comments Share Times New Roman 12 O LO Paste BIUvax Styles Editing Dictate Sensitivity Editor Reuse A v Aa Files Undo Clipboard IS Font Paragraph si Styles Is Voice Sensitivity Editor | Reuse Files Q6 Suppose that an unregulated price-discriminating monopolist has segregated its market into two groups of buyers as shown in the tables below for Market-1 and Market- 2. Assume that MC is $13 in both markets and MC = AC at all output levels. Buyers in Market-1: Quantity Total Marginal AC TC MC Price Demanded Revenue Revenue $71 63 63 55 110 48 144 42 168 37 185 33 198 29 203 Buyers in Market-2 TC MC Quantity Total Marginal AC Price Demanded Revenue Revenue Focus + 110% $115 0 1254 words X English (United States) Accessibility: Investigate acer feel by wacom P