Find the profit-maximizing price-quantity combination

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Reference no: EM131160480

A monopolist sells to two consumer groups, students and non-students.

Demand for students: QS = 500 – 0.5P

Demand for non-students: QN = 750 - 2P MC = 20

Find the profit-maximizing price/quantity combination in each market if the groups can be separated.

Reference no: EM131160480

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