Say a Monopolist Sells in Two Separate Markets, with Demand

question 28

Multiple Choice

Say a monopolist sells in two separate markets, with demand PA = 100 - 2Q and PB = 50 - Q respectively. Marginal costs in both markets are constant and equal to 8. The profit maximizing quantity of output in market A would be

• A)46.
• B)23.
• C)21.
• D)5.

---

Definitions:

Visual Aids

Tools and resources, such as charts, diagrams, and videos, used to enhance understanding and retention of information.

Visual Literacy

The ability to interpret, negotiate, and make meaning from information presented in the form of an image.

Subtle Differences

Minor or not immediately obvious variations between two or more things.

Coping

The ability to effectively manage and respond to stress, challenges, or adversity through various strategies or mechanisms.