Рет қаралды 4,800
a producer has the possibility of discriminating between the domestic and foreign markets for
a product where the demands, respectively, are
Q1 = 21-0.1P1
Q2 = 50-0.4P2
Total cost= 2000 + 100Q whereQ= Q1+Q2
What price will the producer charge in order to maximize profits (a) with discrimination between markets and (b) without discrimination" (c) Compare the profit differential between discrimination and nondiscrimination.