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Unformatted text preview: C ( Q ) = Q 2 , where Q = Q 1 + Q 2 , implying that his marginal cost is MC = 2 Q = 2( Q 1 + Q 2 ). What are the profit-maximizing quantities ( Q 1 * and Q 2 * ) sold in each market and at what price ( P 1 * and P 2 * )?...
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This note was uploaded on 10/26/2010 for the course ECONOMICS ECON 201 taught by Professor Dr.shomubanerjee during the Summer '07 term at Emory.
- Summer '07