Question

Suppose a person is selling goods to two different groups of people, and the demand function for the 1st group is given as Q1
= 18,000-100P1 and the demand function for the 2nd group is given as Q2 = 17,000-100P2. And the marginal cost for each
group is $5.00. What will be the profit if he cannot successfully segment the markets for the two groups of people? and what
will be the profit if he can successfully discriminate 2 groups of people?

Answer 1

Answer:

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Explanation:

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