(Solved): The following three graphs show international dumping schedules faced by British Toys, Inc. (BTI) in ...

The following three graphs show international dumping schedules faced by British Toys, Inc. (BTI) in the United Kingdom and Canada, the combined demand and marginal revenue schedules for the two markets, and BTI’s average total cost and marginal cost schedules.

Use the following three graphs to answer the questions that follow. (Note: You will not be graded on any adjustments made to any of the three graphs.)

 

It's all one question please draw every draft

??? (?) In the absence of intemational dumping, BTI charges a uniform price to U.K. and Canadian customers (ignoring transportation costs). The firm's profit-maximizing output is oys, the price is , and total profit is Based on the graphs for the United Kingdom market and the Canadian market, respectively, BTI's profits on its U.K. sales. BTI's profits on its Canadian sales. Suppose now that BTI engages in international dumping. Then in the U.K., BTI charges the price of per toy, and the profits that it accrues on U.K. sales goes to \( \quad \) In Canada, BTI charges the price of per toy, and the profits that it accrues on Canadian sales equal With dumping, total profits compared to the case of a nondiscriminating seller.