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Assume a firm faces two customers in the market. Customer 1 has an inverse demand of...

Assume a firm faces two customers in the market. Customer 1 has an inverse demand of p = 110-q1, and Customer 2 has an inverse demand of p= 140-q2. Marginal cost per unit is constant and equal to $40. Determine the profit -maximizing price and identical lump-sum fee charged to these two customers. For the following questions, assume the firm will always sell to both customers. The profit -maximizing price is $ The lump-sum fee is $ . (Enter a numeric response rounded to the nearest penny.)

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