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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