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A firm is selling its product in two markets. In market A the demand is given...

A firm is selling its product in two markets. In market A the demand is given by QA = 100 − 2P and in market B the demand is QB = 80 − 4P. The firm’s total cost is TC = 1000

A. Calculate the firm’s profit in each market if it can price discriminate

B. What is the market demand in part A above?

C. Calculate the firm’s profit in each market if it cannot price discriminate.

D. What is the market demand in part C above?

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