morris5744 morris5744

25-05-2023
Business

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A monopolist faces two competitive buyers with their individual demands as q1(p)=1200-2p and q2(p)=800-2p separately. Suppose it produces with the constant function CQ=500+200Q . If the monopoly offers the two buyers with same two-part tariff schedule, find its optimal menu of the two-part tariff.

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