Find the price elasticities at two profit maximizing points

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Reference no: EM131392111

A monopolist faces two separate demand curves in two separate markets: P1 = 72 - 3Ql and P2 = 90 - 2Q2. The total cost curve is TC = 6 + 6Q.

a. Find Q1, Q2, P1, and P2.

b. Find the price elasticities at the two profit maximizing points

Reference no: EM131392111

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