Answered

Welcome to Westonci.ca, where finding answers to your questions is made simple by our community of experts. Connect with professionals ready to provide precise answers to your questions on our comprehensive Q&A platform. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.

Consider a firm - Wotzits Inc - with two profit centres, A and B. In the firm, profit centre A makes one input at a marginal cost of $40 which it transfers for a price t to profit centre B. A is the only source of the input. B transforms one unit of input into one unit of output at zero marginal cost and sells as a monopolist into a market with a demand curve of P = 120 - q, where P is price and q the quantity of output. If both A and B act together to maximise profit for the firm, what is the final price, output and profit for the firm?

Sagot :

We hope our answers were useful. Return anytime for more information and answers to any other questions you have. We appreciate your time. Please come back anytime for the latest information and answers to your questions. Stay curious and keep coming back to Westonci.ca for answers to all your burning questions.