Mathematics, 29.05.2021 17:30 kittycat92

A monopolist offers two different products, each having the following market demand functions 1 = 14 −
1
4
1
2 = 24 −
1
2
2
The monopolist’s joint cost function is
(1, 2
) = 1
2 + 512 + 2
2
Find the price that the monopolist should charge to maximize his profits.

Answers: 3

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A monopolist offers two different products, each having the following market demand functions 1 = 1...