## (Solution document) A = -7.25, B = \$200, C = \$80, D =\$140, E= \$120, F= \$40 and G = \$20. A firm sells its product in two different markets.

A = -7.25, B = \$200, C = \$80, D =\$140, E= \$120, F= \$40 and G = \$20.

A firm sells its product in two different markets. The inverse demand in market A is PA = 260 - 2QA and in market B, it is PB = 200 - 4QB . If marginal cost is 40 and average total cost is 40, then to maximize profits, what quantities of output will be sold in each market? (Show your work).

____________           ___________

in Market A              in Market B

Solution details:
STATUS
QUALITY
Approved

This question was answered on: Dec 08, 2020

Solution~000652147569679.zip (25.37 KB)

This attachment is locked

We have a ready expert answer for this paper which you can use for in-depth understanding, research editing or paraphrasing. You can buy it or order for a fresh, original and plagiarism-free solution (Deadline assured. Flexible pricing. TurnItIn Report provided)

STATUS

QUALITY

Approved

Dec 08, 2020

EXPERT

Tutor