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Determine profit-maximizing price and identical? lump-sum

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Assume a firm faces two customers in the market. Customer 1 has an inverse demand ofp = 130 - q1 and Customer 2 has an inverse demand of p = 160 - q2

Marginal cost per unit is constant and equal to ?$50. Determine the? profit-maximizing price and identical? lump-sum fee charged to these two customers.

For the following? questions, assume the firm will always sell to both customers.

The profit-maximizing price is ?$ ______. ?(Enter a numeric response using a real number rounded to two decimal? places.)

The lump-sum fee is $_____. (Enter a numeric response rounded to the nearest penny.)

Reference no: EM132653764

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