A monopolist is deciding how to allocate output between two geographically

Question

A monopolist is deciding how to allocate output between two geographically

separated markets (East Coast and Midwest). Demand and marginal revenue for the two markets are:
P1=15−Q1 MR1=15−2Q1
P2=35−2Q2 MR2=35−4Q2
The monopolist's total cost is C=5+5Q1+Q2.
What are price, output, profits, marginal revenues, and deadweight loss if the monopolist can price discriminate? (round all answers to two decimal places)
In market 1, the price is $
10

10 and the quantity is
5

5.
In market 2, the price is $
20

20 and the quantity is
7.5

7.5.
The monopolist's profit is $
132.5

132.5 and the deadweight loss is $
68.75

68.75
What are price, output, profits, marginal revenues, and deadweight loss if the law prohibits charging different prices in the two regions? (round all answers to two decimal places)
The market price is $__________, and the quantity in market 1 is __________ and the quantity in market 2 is ________The profit is $________and the deadweight loss is $___________

Answer 1

ongue vel laoreet ac, dictum vitae odio. Donec aliquet. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet. Nam risus ante, dapibus a molestie consequat, ultrices ac magna. Fusce dui lectus, congue vel la

nec facilisis. Pellentesque dapibus efficitur laoreet. Nam risus ante, dapibus a molestie consequat, ultrices ac magna. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. D