If market inverse demands in two markets are p1q1 a1 minus
If market inverse demands in two markets are p1(Q1) = a1 − b1Q1 and p2(Q2) = a2 − b2Q2 and the firm produces according to C(Q1, Q2) = c1Q1 + c2Q2, determine the firm’s optimal quantity, price and profit level.
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if market inverse demands in two markets are p1q1 a1 minus b1q1 and p2q2 a2 minus b2q2 and the firm produces
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