A firm sells a product. D

A firm sells a product. D

A firm sells a product. Daily demands of two different groups are as follows:A: P=40-5QB: P=60-5QMarginal Cost is constant at $2.00 per unit.a) write the marginal revenue for each marketb) to maximize profit, what price would you charge per unit for A and B?c) what quantities do you sell if to A and B?d) you are facing a court case involving your product. Explain how you would determine the maximum amount you are willing to spend to fight the case.

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