xc30 asked:
If 2 goods sold in 2 markets with demand curves q1=200-p1 and q2=300-3p2
and total costs are C= 20q + 0.5q^2 where q is total output
if arbitrage is possible at no transportation cost, what is the optimal price and the quantities which sell in each market at the price?
If 2 goods sold in 2 markets with demand curves q1=200-p1 and q2=300-3p2
and total costs are C= 20q + 0.5q^2 where q is total output
if arbitrage is possible at no transportation cost, what is the optimal price and the quantities which sell in each market at the price?