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Find the profit-maximizing price and quantity

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A monopolist sells in two geographically divided markets, the East and the West. Marginal cost is constant at $50 in both markets. Demand and marginal revenue in each market are as follows:

QEast = 900 - 2*PEast
MREast = 450 - QEast
QWest = 700 - PWest
MRWest = 700 - 2*QWest

Find the profit-maximizing price and quantity in each market.

Reference no: EM133133643

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