Mathematics, 29.05.2021 17:40 beausisugpula

A monopolist offers two different products, each having the following market demand functions $q_{1}$ = 14 − $\frac{1}{}$ $p_{1}$ = 24 − $\frac{1}{2}$ $p_{2}$
The monopolist’s joint cost function is
( $q_{1}$ , $q_{2}$ ) = $q_{1}^{2}$ + 5 $q_{1}$ $q_{2}$ + $q_{2}^{2}$
Find the price that the monopolist should charge to maximize his profits.

$q_{2}$

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A monopolist offers two different products, each having the following market demand functions = 14...