A firm with costs C(Q) = 1, 000 + 60Q + 0.1Q2 is able to price-discriminate between two groups of customers, with demands Q1 = 3, 000− 2p, and Q2 = 350− 0.5p respectively. How much does it sell to each group, and at what price? What would happen if it were forced to charge all its customers the same price?

Don't use plagiarized sources. Get Your Custom Essay on
Need an answer from similar question? You have just landed to the most confidential, trustful essay writing service to order the paper from.
Just from $11/Page
Order Now