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How much total output should it produce

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Assume the following demand on the market: P = 190 - 0.01Q. The only producer on this market has two factories. Factory A's total cost and marginal cost are given by the following equations: TCA = 150, 000 + 40QA + 0.01Q2 A, and MCA = 40 + 0.02QA. Factory B's costs are: T CB = 125, 000 + 20QB + 0.02Q2 B, and MCB = 20 + 0.04QB.

(a) If the monopolist wants to maximize profit, how much total output should it produce?

(b) What price should it charge?

(c) How much should it produce on each factory?

Reference no: EM132282159

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