Suppose a market demand is p(q)=75-2q^2. A monopolist hasmarginal cost MC(q)=q^2 and there are no fixed costs. Suppose themonopolist can perfectly price discriminate. Find the monopolist'sprofit in this market.
Suppose a market demand is p(q)=75-2q^2. A monopolist hasmarginal cost MC(q)=q^2 and there are no fixed costs. Suppose themonopolist can perfectly price discriminate. Find the monopolist'sprofit in this market.