Product

Your company sells its product online and in stores. Your marginal cost $30 is the same in both markets. The demand and marginal revenue curves in the two markets are different however.

Qonline = 1,000 – 2 Ponline
MRonline = 500 – Qonline

Qstores = 200 – Pstores
MRstores = 200 – 2 Qstores
What is the profit maximizing price level in each market
At those prices, what output is sold in each market?
Which market has a more elastic demand?