Multiple Choice
A firm produces a product at a fixed marginal cost of $10 and sells the product on two different markets (A and B) . The demand on market A is QA = 80 - 2P. The demand on market B is QB = 50 - P. What price should the firm charge on market B?
A) 20
B) 25
C) 30
D) None of the above is correct.
Correct Answer:
Verified
Correct Answer:
Verified
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