Question 24 (4 points) The editorial Harper modern classics holds...

Question 24 (4 points)

The editorial Harper modern classics holds the rights to One Hundred Years of Solitude by Gabriel Garcia Marquez. The editorial sells the book both in the US and Colombia. The demand for the book in the US is given by  

Pus=36−4Qus

The demand for the book in Colombia is given by

 

Pcol=24−4Qcol

If MC=4 and Harper cannot price discriminate, who many units should Harper produce in the Colombian market to maximize profit?

Question 24 options:

A. 0.75

B. 1.75

C. 2.75

D. 3.75

E. 4.75

Question 25 (4 points)

 

The editorial Harper modern classics holds the rights to One Hundred Years of Solitude by Gabriel Garcia Marquez. The editorial sells the book both in the US and Colombia. The demand for the book in the US is given by  

Pus=36−4Qus

The demand for the book in Colombia is given by

 

Pcol=24−4Qcol

If MC=4 and Harper cannot price discriminate, what is the maximum profit?

Question 25 options:

A. 84.5

B. 85

C. 85.5

D. 86

E. 86.5