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.

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Definitions:

Collaborative Style

A way of working that emphasizes teamwork, open communication, and joint decision-making to achieve shared goals.

Conflict Management

The practice of recognizing and dealing with disputes in a rational, balanced, and effective way, aiming to reach a resolution that satisfies all parties involved.

Criticism

The expression of disapproval of someone or something based on perceived faults or mistakes.

Avoidant Style

A coping mechanism characterized by a tendency to evade dealing with certain situations, conflicts, or emotional issues.