Order Your Paper From the most reliable Essay writing Service. 

.

 



Question: A monopoly book publisher with a constant marginal cost (and average cost) of MC = 3 sells a nove...

Show transcribed image text A monopoly book publisher with a constant marginal cost (and average cost) of MC = 3 sells a novel in only two countries and faces a linear inverse demand curve of p_1 = 6-05Q_1 in Country 1 and P_2 = 9-Q_2 in Country 2 What price would a profit-maximizing monopoly charge in each country with and without a ban against shipments between countries? With a ban against shipments between countries, the monopoly would charge Country 1 a price of p_1 = $ 4.5 and Country 2 a price of P_2 = $ 8 (Enter your response rounded to two decimal places) With the ban. the monopoly's profit (pi) is pi=$ 136 Without a ban against shipments between countries. the monopoly would charge both countries a price of p = $ 5 00 Without the ban. the monopoly's profit (pi) is pi = $

A monopoly book publisher with a constant marginal cost (and average cost) of MC = 3 sells a novel in only two countries and faces a linear inverse demand curve of p_1 = 6-05Q_1 in Country 1 and P_2 = 9-Q_2 in Country 2 What price would a profit-maximizing monopoly charge in each country with and without a ban against shipments between countries? With a ban against shipments between countries, the monopoly would charge Country 1 a price of p_1 = $ 4.5 and Country 2 a price of P_2 = $ 8 (Enter your response rounded to two decimal places) With the ban. the monopoly's profit (pi) is pi=$ 136 Without a ban against shipments between countries. the monopoly would charge both countries a price of p = $ 5 00 Without the ban. the monopoly's profit (pi) is pi = $