The optimal output to be sold to each type of consumer

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Suppose there are 2 types of customers. Type A have the following demand P=200-2Q and type B have the following demand P=240 -8Q. The total cost is TC=4.9Q2. The market is monopolized and the producer is considering a pricing strategy involving 3rd degree price discrimination. What prices should the monopoly charge each type of consumer and what should be the optimal output to be sold to each type of consumer.

Reference no: EM131387951

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