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Mathematics, 29.05.2021 17:40 beausisugpula

A monopolist offers two different products, each having the following market demand functions q_{1} = 14 −\frac{1}{}p_{1} = 24 −\frac{1}{2}p_{2}
The monopolist’s joint cost function is
(q_{1}, q_{2}) = q_{1}^{2} + 5q_{1}q_{2} + q_{2}^{2}
Find the price that the monopolist should charge to maximize his profits.


q_{2}

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A monopolist offers two different products, each having the following market demand functions = 14...
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