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
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