Solve for the equilibrium price

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Firm A is a monopoly for a product B. The firm sells in two countries, and resale between the countries is impossible. The demand curves in two countries are P1 = 100 - Q1, and P2 = 120 -2Q2. The monopoly's cost function is C(Q) = 10 + 30Q. Solve for the equilibrium price in each country.

Reference no: EM132489477

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