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A Firm Manufactures a Product That Is Sold on Two QA=1000.50PAQB=600.50PB\begin{array}{l}Q _ { A } = 100 - 0.50 P _ { A }\\Q _ { B } = 60 - 0.50 P _ { B }\end{array}

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A firm manufactures a product that is sold on two different markets (A and B) that have the following demand functions: QA=1000.50PAQB=600.50PB\begin{array}{l}Q _ { A } = 100 - 0.50 P _ { A }\\Q _ { B } = 60 - 0.50 P _ { B }\end{array} The firm has the following marginal cost function: MC=20+0.80QM C = 20 + 0.80 Q If the firm is engaging in price discrimination, what prices should be charged on each market and how many units should be sold on each market?

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